Investing Steps You Need To Take To Reach Your Goals!


We all have life goals that you all focus on. Whether it is planning for your dream project or dream house, investing in the right financial instruments is the key to turning your life goals into reality. Every person has a different motive for investing. Some invest to keep their future secure and some invest to meet uncertain contingencies. Making a plan helps you achieve your goal, and increases your chances of getting success. But there are so many things you need to consider before investing. There are a lot of things you do to avoid all the odds, but there are things that are beyond your control. So before investing, you should ask yourself these questions.             

  • How much do I need to spend?
  • Why do I need to invest?
  • When will I need my investments?
  • Will it be taxable or exempt from tax?
  • Which instruments should be chosen for investing?

So there are so many things you need to know and be prepared for before investing in securities. You should be aware of the market situation before investing. The market plays a significant role in deciding whether you will reach your investing goals or not. You should also take care of whom you are taking advice and at the same time should conduct your analysis and research, and make your decision. There are a number of financial planning websites such as Shree Balaji Investment Solutions Financial Plannerswhich can help you in planning out your finances. They also help you create your portfolios and also help us manage your portfolio. You should always be prepared and should learn from their mistakes. Here are some steps you need to follow to become a successful investor and reach their goal:


When you want to drive somewhere how do you go there? You either use GPS or Map. The same concept applies to investment. You should be aware of your destination, you should know how to reach there and should have patience. You should be aware of where this investment will take you to. To make a solid investment plan, you should know the objective behind investing. Most people invest in keeping their main goal in mind that is Safety, Income, and Growth. Every purpose needs a different plan. Every person has a different motive but the path to reach it is common. Some invest for safety reasons while others invest to make money and grow.

While investing you should also decide how much you can realistically set aside for investing. There are various instruments according to the needs of people. Many investment choices have minimum investment amounts before you so that you can make a solid investment plan. You should decide how they want to pay, yearly or monthly installments. Some mutual funds schemes allow us to open an account with a minimum price and their monthly installments are deducted from your account. When you have a large corpus to invest, obviously there are various options available. In that case, you should invest in a variety of schemes to reduce the risk by just choosing one. 

While making the plan you should decide in the starting only for how long they are investing. Suppose you are investing to buy a car, in that case, the duration will be short. But if you are investing for your retirement, the duration will be greater. So before investing in a long term plan, you should also consider the value of money you are investing after the maturity of an investment plan. The value of money may not be the same as what it is now after say after 50 years. In short term investment plan the installments can be chosen monthly but in the long term investment plan installments can be yearly. All these factors should be kept in mind while deciding the plan.


When you are investing you can’t just invest blindly in any securities. As much as investing is profitable for some it can be risky for others. In investing, you should be aware of your risk tolerance. This is just a fancy way of saying how risky you are with your money. One of the effective ways to reduce risk is to have diversified portfolios. By doing this too, there is no surety that one will not experience swings in investment value.

So while choosing high yielding investments, be cautious because there are no such things called high return and low risk. It would be much better if you get a moderate return at low risk. If any investments are giving high returns that means risk involved with that investment is also high.


Having a diversified investment portfolio is a key aspect of investment. A diversified portfolio helps to get the highest return with the least risk. A typical diversified portfolio is a mixture of stocks, mutual funds, bonds, bank deposits and many more. This helps, when one instrument is not performing the other will compensate for the loss for others. So it is always advised to invest in various sectors and schemes. If one sector is not doing well, the other will eliminate the risk of loss. When the value of one rises, the value of others will decline.  In this way, the overall risk is reduced because in the economy no matter what happens, some asset classes will benefit.

When the economy grows, stocks do well. Investors want high return so they bid at high prices because they are optimistic about the future. But when the economy slows down, bonds do well. Investors are more interested in protecting their holdings in a slowdown. They are ready to accept lower returns for that reduction of risk.


Once your portfolio is ready and you have invested the corpus into it, the job is not over yet. If the investment is long term investment then you just need to pay monthly or annually instalments. Some investors fail to manage their portfolios regularly. Financial institutes such as Shree Balaji Investment solutions to help you make the correct decisions and will also handle your portfolio. But if you have invested in short term investments you need to keep track of the market trends. If the market is prospering, you can shuffle investment to earn profits and if the market is a slowdown, then you should reshuffle to avoid losses. In all these the most common thing which all investors require is tolerance.

Author Name: Deepak Khanuja

Author Bio – Deepak Khanuja is has excelled with flair in the financial sector. With 20 years of experience in the finance and insurance sector, he has outvied financial literacy. He has been diligently working to propagate his idea of financial discipline and making sure no one walks to wrong way to financial planning.

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