Smart investing tips -1

Smart investing tips part -1
1. NEVER OWN SOMETHING YOU DON'T UNDERSTAND : Do not buy or hold anything if you can’t explain it in three sentences or less — How it makes its money? What its potential pitfalls are? and How that money finds its way into your hands? . This sounds so simple but a very few people seem to follow it.
2. AVOID PROACTIVELY MANAGING YOUR MONEY : Making changes in your money management policies on daily or frequent basis can lead to negetive results as well, set your time intervals for managing your money wisely that should not be too frequent.

3. TAKE ADVANTAGE OF POWER OF COMPOUNDING AS EARLY AS POSSIBLE : Wise investing means harnessing the power of compound interest. The younger you start, the easier it is to amass a jaw-dropping net worth. This is one of the reasons it’s so easy for the rich to get richer. #investingtips #reelsindia #reelstoreal #mutualfunds #mutualfundssahihai #equityinvestment101 #equityinvestment #sharemarketindia #managingmoney #moneymanagement #investment #equitymutualfund