Adding every drop in your ocean of wealth!

1. Adding every drop in your ocean of wealth!

2. There are going to be many ways you can grow your money, but the smartest ways to get the best out of your money is the most important thing. You are bound to have a lot of options at hand, but how do you realise the best of the lot and more importantly – gauge the returns you can have over a fixed term? It can be quite challenging to say the least. It is very difficult to find the perfect investment that can help you grow your wealth.

3. if you are looking to juggle your options on wealth management? Here are the few thing to know . . .

4. Get the right help Some of the best things that you can find to invest in would be a firm that can guide you best. There are going to be many different kinds of wealth builders in your circle, but the idea remains that you find out who would fit in your scale the best and also understand what you need the most to reach your goals.

5. Do you have your goals right? Knowing that you want to earn more and make the most out of your investments is a given, but what percentages are you looking to make is so important. That is precisely why you have to make it a clear list on the kinds of returns you are expecting. Remember that it is important to have this communicated to the wealth manager and has to be monitored on a regular basis too.

6. Having the right access to the right plans: There are tonnes of great packages that are available to each one of us, but getting hold of them and understanding them is not the easiest thing to do. The manager that you have chosen needs to have complete understanding of these opportunities and also give you a heads up on the possibilities ahead.

7. The right strategy After identifying the goal and the financial issues ahead, you need to be presented a clear and complete idea for you to achieve your goal. Once you have this plan in the clear, it would be extremely easy for you to pick and choose the kind of investments that you need.

8. Trusting the newer options: We are all used to having the conventional forms of investment and that has changed considerably over the years. So, apart from your regular forms of investment like SIPs or mutual funds or the equity market, it is equally important to know the newer options like real estate, antiques and so on. It would help you bring massive results in the new age investment circle too.

9. Diversify Having a mixed income bag is one of the best things you can do for yourself. If you have to make a difference, you have to make a diversified portfolio. One that covers different kinds of investment ideas and hence gives you a good average on your returns. It is the first rule in fact of any kind of investment portfolio – diversify as much as you can.

10. What to pause and what to invest more in? Calling shorts in an investment is one of the toughest things to do. Mainly because you are already into the investment and counting your losses is not the easiest thing to do. You have to bite the bullet in a situation like this and look to make a progressive switch towards a better resulting fund. This would not only help you cut your losses but also help you make a profit elsewhere to increase your wealth.

11. When the goal is to have perfect returns, you have to be sure to have clear understanding of all the possible investment tools at hand. Apart from having the right tools, you also need to have a firm idea on how the investment is working for you.

12. THANKS! Any questions? Log on to http://www.karvywealth.com