Consultation on Finances - A thought within a family

Let us wake up from deep sleep of unawareness! Others are earning so much profit and we are being so negligent about a few things existing around us. Here, I am talking about mutual funds in general. What we wish to do is to try to SAVE our MONEY but without any guidance. We are always in fear of spending extra on any kind of consultation. This fear, I think is not directed right.

The fear should not of consultancy fee as it is nominal but they must be of losing the opportunity of saving a handsome sum of money rather than spending a petty amount on consultancy. I think this is the right time to change some of our mentality regarding such investments. It is important to seek assistance if we are new to the field rather than trying things on our own. There are many benefits to it. Some I would like to quote here, for example, if we are under some guidance of experts it would be helpful to us if would like to enroll ourselves in any specific kind of savings. Second, we can also get the opportunity to withdraw quickly as we would know the terms thoroughly.  Even they would help us to switch the type of savings in case of any risk or slow rate of profit.  

                 Switching our mode of savings from FDs to SIPs or other such kinds is much more advisable and profitable. Yes, there are a few risks but that totally depends on the kind you choose. As one also gets the opportunity to choose from a sequence of lists, which are in hands of these investment sites.  In fact, there are opportunities to customise your savings according to your demand as you wish to have simple profit with no risk at all or medium profit with little risk, or higher profits with risks. It completely depends on your choice. One thing is important to note here, is that you must hear the consultants but keep track of your wishes and risk. So, choose wisely not hurriedly. You must know if you try these out, go for long-term investments, as they are the best! "          

                                                                                                                                           - Luvya A Vision