Wealthclock Advisors

[wealthclock-blog]

Why Investment Via SIP is Recommended for Millennials?

Millennials understand the value of their hard-earned money and are motivated enough to invest them in the appropriate place for good returns. Financial management tops their priority list. One such investing avenue can be mutual funds via the SIP route. But the question that arises here is, why SIP? SIP is a planned way of investing every month. An investor can use the SIP calculator on different financial planning websites and view the estimated amounts of returns on their investments. Every investor should know about the right ways to earn the best results. Millennials are no different. And this blog will mention reasons on why they should begin investing via SIP. Invest small There are numerous benefits of SIP. One of them being, people can invest in small amounts. SIP lets investors start investing with a mere amount of Rs 500 every month. This gives them the convenience to invest only as much as they can afford to. The millennial investors can later increase the amount as they see a growth in their income. No pressure of market timings When investors go for a lump sum, they need to time it well. They can purchase a large number of units but if the market is not timed well, then they can suffer losses. Investors can be free of such worries when they invest with SIPs since the amount invested is small. Mutual Fund investments via SIP can thus be a great option for millennials. Disciplined investing SIP investments help millennials inculcate the habit of investing regularly. It makes them more disciplined when it comes to investing. When people begin investing via SIP, a fixed amount gets deducted from their account every month. This means they do not have to wait for the end of the month to see how much money is left to save. This is one of the biggest benefits of investing via SIP and perfectly suits millennials! They are extremely tech-savvy and so, will find it convenient to invest in mutual funds online. Cost-averaging benefits Through SIP investment, one can average their costs. During the months when the financial market is expensive, the money an investor puts in will buy fewer units and vice-versa. This is one of the biggest benefits of going for mutual funds via the SIP route. Today, there are lots of expert financial advisors available like Wealthclock Advisors and so, millennials will not find it hard to make the right decision. Diversification Market experts always encourage every investor to have a diversified portfolio. With Mutual Funds, one can expect to diversify their investments and thus, avail its benefits. In the same way, SIP will help investors reap the benefits of diversification even if their investment is small. So, the risk is spread out since investment is done in different holdings. This way a millennial can make better gains and will have good investment experience. So, these are the reasons why SIP is strongly recommended for millennials.

[wealthclock-blog]

Why Should an Investor opt for Liquid Funds?

A liquid fund is a kind of debt mutual fund that presents a maturity period of up to 91 days. These funds invest in debt and money market instruments like government securities, treasury bills, etc and are considered to be an ideal short term investment option. If an investor has recently got surplus cash and is planning to invest it for good returns, then they can turn to this mutual fund.

[wealthclock-blog]

How to Turn Money-Saving Into a Family Fun Game?

Saving has traditionally been a boring activity where people grudgingly knock off their expenses and live sparingly to accomplish their savings goal. This activ

[wealthclock-blog]

Should An Investor Spend or Invest More?

It is a constant tug of war where an investor is torn between their urge to spending money or the need to invest more. If they can't spend on the things they desire, what's even the point of...

[wealthclock-blog]

The Essential Criteria to Succeed in Equity Investment

Investment is an important section of everyone's life. People must take important and wise steps in order to let their investment schemes bear fruits. It is the sheer results that lure people towards...

[wealthclock-blog]

How Can Mutual Funds Help To Finance Your Destination Wedding?

You may or may not have identified the right partner for spending your all life with, yet. But your dream wedding is already etched in your mind. At least, you

[wealthclock-blog]

When it comes to money, life is hard. Often we are unable to handle our finances and this can create problems, that we find it hard to come out from. So, it is important that you engage in financial planning. This is a process that will let you manage the different aspects of your financial life, including your goals, investments, and expenses, in a suitable way.

[wealthclock-blog]

3 Financial Goals That Will Benefit You Later in Life

A lot of us do not invest as we are not sure if there is anything that is worth our investment. The first time we really start seriou...

[wealthclock-blog]

Are you too late to invest in the stock market? Don't worry!

Investment is one of the most common practices carried out people, who dream of making it big in their life. Everyone has certain plans or dreams for the future that they would love to see being fulfilled. These dreams may vary from person to person, but the method to achieve them remains the same.

[wealthclock-blog]

Some Useful Saving Tips to Curb Compulsive Spending

Most often people end up purchasing things that they simply don't need. This is what is meant by compulsive spending, where you spend valuable bucks on items or services that you may not need in actual. And without good control over spending, you may land in financial trouble. Well, a lot of people…

[wealthclock-blog]

Why Is There a Need For a Larger Emergency Fund in Your 40s?

A lot of you might have a good understanding of what an emergency fund is. This kind of fund has sufficient money to see you through for some months, in case you are going through a financially tough time. You may have lost your job or there may be the rise of unexpected, large and urgent expenses.

[wealthclock-blog]

How To Begin Your Investment Journey?

Gone are the days when investing meant gathering savings in fixed deposits or saving enough money to purchase a house. Smooth access to market-linked products such as mutual funds has opened up a...

[wealthclock-blog]

Some Common Mistakes Committed by Equity Mutual Fund Investors

The interest of investors is shifting from direct equity investing to equity mutual funds. This is a trend that is slowly coming into prominence and over the last few years, there have been many ca…

[wealthclock-blog]

Some Tips to Handle the Unexpected Expenses

Life never goes smooth or as per our plans. Sometimes we come across situations that are completely unexpected. This leaves us facing unexpected expenses and we start facing the heat. These are kinds of situations that are almost certain to happen in everyone's lives and so, it is best that we…

[wealthclock-blog]

How To Begin Your Investment Journey?

Gone are the days when investing meant gathering savings in fixed deposits or saving enough money to purchase a house. Smooth access to market-linked products such as mutual funds has opened up a plethora of investment options for every first-time investor. So, are one of them? If it's yes, then this blog will be extremely helpful to you.  

With the advancements in technology, investing a considerable portion of your first salary in a lucrative investment scheme is only a matter of a few minutes. But the main question that arises here is, where should you invest the first salary? The answer to this question lies in how you begin your investment journey. This blog will discuss this in details below.

Begin your investment journey with these two steps

Set your goals

The first exercise that you ought to do is list out your goals. Goals can be anything like funding your own marriage or owning a dream house 5 – 10 years in the future. Whatever the goal may be, write them down. The long-term goals or goals that need at least 5 years, can be achieved with equity funds.  

For short-term goals, you can easily go for low duration debt funds or liquid funds. Thus, you must know which kind of funds are suitable for your goals. And to help you with this, there is an abundant number of experts like Wealthclock Advisors available. When it comes to offering the best mutual fund investment advice, you can totally rely on them.

Analyze your risk taking abilities

The biggest risk in this field is, seeing your original capital declining. In the case of equity investments, this is possible, but only for the initial time period. Market-linked investments such as mutual funds have a daily price that can move up or down. Volatility is a part of the investment journey.

But if you have chosen a quality scheme considering your goal, then it will be just a factor or market movement. You won't experience it on a long-term basis. So, you must analyze your risk taking abilities and understand how much volatility you are comfortable with. You need not always start your investment journey with equity.

How much you invest in equity or debt will depend on your identified and set goals, and an analysis of your risk taking capacity. These two factors are important to have a smooth investment journey!

[wealthclock-blog]

4 Things An Investor Must Know Before Investing in ELSS

Equity-linked saving schemes or as they are popularly known as ELSS are varied equity mutual funds. A considerable chunk of the amount invested here either goes into equity or related securities....

[wealthclock-blog]

This 5 step approach will help you decide your financial goals

Financial investment when done in the most effective way will enhance your lives. This is the reason why so many people are actively involved in this world and continuously strive towards devising ways to make their investments more productive. Everyone wishes to live a happy and peaceful life, where we stay far away from financial troubles and related monetary issues. But for this, they must understand ways to be a better and smarter investor, than the rest. But the problems lie elsewhere. Most people are not thoroughly acquainted with every aspect of this world and thus, sometimes they fail to take critical steps. Also, to make things worse, they often end up making the wrong decisions, based upon a plethora of reasons, that cost them high! This is why you need helpful guidance from people who can show you the right direction towards earning financial independence and overall success. You must seek expert financial advisors, who are thoroughly capable of guiding their customers throughout their entire financial journey. Wealthclock Advisors is the name you should go with if you are confused about where to begin with. And we say, begin by deciding your financial goals. Goal-based investing is the right approach Every investor should follow the goal-based investing approach. This will facilitate their investment as when you devise and fix your financial goals, you know the basis of your investment journey and towards what purpose you are working on. We suggest that you understand your financial needs deeply and then determine short-term and long-term goals, that you wish to fulfill with your investments. Financial planning is a highly-needed thing and without it, you can lose yourselves when things go wrong or not as per your plans. And financial planning is also facilitated by the goals you fix for yourself. We suggest you choose your investment tools as per your goals. Simply going for mutual funds may not suit you, if your overall aim is different than what they can provide. But how to do decide your financial goals? You can check out the 5 steps below. Ways to decide your financial goals Is money involved? - Not every goal involves money. Although a lot of goals are all about money, you should not confuse between the two. Understand the difference. Like for example, maybe you want to go on your dream vacation next year or is planning to retire in a few years, these are goals that are money-based. So, while deciding your financial goals for your investments, keep into consideration whether there is a financial aspect to them or not. It will clear the air of doubt and help you invest better. How much money? - Figuring this out can be quite straightforward for some goals than others. Like for instance, if you are planning to buy an apartment, the cost involved can be known quite quickly. However, for long-term goals such as retirement planning and funding your children's education expenses, you cannot be as straightforward. You need to understand a couple of factors in respect to such goals; inflation, rising expenses, lifestyle, different rates of return on investments, your ability to save, etc. So, take our help and we will assist you in the process, bringing our own expertise and knowledge of the field. Also, you can depend on us for the most effective mutual fund investing advice. When you need money - The next step would be finding out when. Interestingly, the "when" depends on "how much". If the sum is large, then you need more time to save up. And vice-versa in case of a smaller amount of money. You should remember this while considering when you need the money. An investor needs to be proactive at this stage because sometimes you won't have control over the "when". This mostly happens in the case of a child's education or retirement. If you need a more considerable sum of money after a few years, you need to invest in strong instruments that have the potential to beat inflation. We suggest mutual funds. They are one of the best kinds of investments and so, for knowing how to invest in mutual funds online, contact us. Can you save for it? - There are a few financial goals that are simply non-negotiable. One of them is saving for retirement. This is because of the fact that only a few professions allow people to work until their last breath. Other financial goals need people to consider if they can afford them. So, if a financial goal is important to you, then you need to keep it as a top priority over others. Not everyone can afford every financial goal that they come up with as savings is limited Will investing enable you to reach your goals? - Once you know that you can and want to save for a certain financial goal, the next step is to decide if you need investment and where should you invest your savings. Investing in equity will be helpful for your long-term goals. So, choose the best investment that will help you reach your goals. Visit us and we shall help you out in this.