2 years, 2 months ago
10 things every investor should know about personal finance
Live MintBeing a finance professional, I come across many investors who find personal finance quite boring and complicated. Personal finance is not rocket science Common investors think that personal finance and financial planning subject is very difficult to understand but that’s not true. Always follow goal-based investment theory It is very important to identify your life goals and invest accordingly instead of random investing. Equity is only for long term investments It is very important that common investors should know that equity investment makes money only in the long run. If one gathers knowledge about personal finance and be disciplined about investing in longer-term one can create wealth and have financial peace.
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