Add a Color That Suits Your Wealth and Let It Gloom at a Thriving Way
How many of you have obsession with multiple colors? Well, a lot of people are attracted towards colors and that is the reason why every company has multiple colors in their logos.
What more is that colors help us to identify the difference between things. And once you are able to link the difference of colors to your wealth, you are moving on the right track.
Assigning a color that suits your wealth type is an exemplary way to get the perfect start.
But do you know which color you should assign for better results?
We have hand picked some impressive colors that have strong influence and can help you with better outcomes.
Green is the best to portray as the color of Debt Management
We cannot deny that balance is the foremost need in our life, whether it is about wealth or not. But you should make sure to nourish your wealth with the right balance so as to ensure that you can sustain the hard times.
There are a plethora of debt investments that are linked with lower risks and have lesser chances of any massive fluctuations. These debt investment options incorporate bonds, debt mutual funds, fixed deposits (FDs), and NCDs (Non-convertible Debentures).
For a colorful life that is financially more stable, you need to keep an eye that there is enough of green color added to it.
Yellow justifies a whole new definition of Equity
If you want to make your financial track highly secure and free from obstacles, then adding yellow color to your wealth is a must. Equity funds are a trusted source of gaining more financial stability. Investing in the shares of companies, equity funds, mutual fund investments etc can be a great decision.
This in return will assist you in attaining your financial goals while increasing the chances of getting capital appreciation. Also you will be able to battle the inflammatory pressures with much ease and in an efficient manner.
The people investing into equity will be able to do SIP in mutual funds. With the help of SIP, investors can invest small amounts into index/MF in order to create a gigantic corpus over the time they are carrying out the SIP.
For all the investors out there who are looking for investment opportunities with medium scaled risks, investing into equity and adding flair of yellow color to their wealth is a great and considerable option.
Nothing justifies better risks than Red itself
Better results come by taking better risks! For all the investors who are ready to get massive return on their investments, adding red color to the wealth is a nice option.
These investors can have a look upon foreign emerging markets, venture capitals, high yield bonds, and REITs to turn their investments fruitful.
The investments wrapped in red color have higher risks than the investment options mentioned above.
Some investment lessons that will assist you in the long run
Take out some time for finance management - Your money isn’t going do double itself until you pay attention to it. If you have invested your money in some investment options, then try to keep an eye on it. Look for the scope of further growth and if you get a better option, don’t feel afraid of taking your money out and investing in the new option.
Investing into multiple options means multiple benefits - Investing into a single option has lesser chances of money gains and also there are fair chances that all can go in vain. Instead of trying to invest into one asset, try to invest into multiple ones so as to curtail the chances of any losses.
Terminating the debts makes life easier - Bad and old debts are something that is putting a huge dent on your financial planning. Before investing, consider clearing out the old and bad debts. Terminating the bad debts means you have terminated half hassles from your financial life.
Don’t dig out the money too early - If you have the habit of taking your money out too early, then it will not benefit you in any way. Try to invest in various investment options and having an investment in mutual funds for long term will be more beneficial.
Wrapping it up
Adding the right amalgamation of these colors to your wealth will benefit you in the long run. You can encounter massive gains in your wealth by following the right practices and by following the three financial lessons mentioned above.
Before investing in mutual fund investment in India, try to scrutinize a lot and make sure that you are taking the decision at your own. Ensure that you are not going where the flow is taking you.
Mr. Ajay Kumar Jain, M.Sc, Chairman And Managing Director
Being the Chairman And Managing Director, he focuses on holistic investment planning and wealth management and tries to make investment planning simpler for retail and HNI investors. Investor education is one of the prime things that Mr. Ajay Jain focuses on as he believes financial education is the foundation of successful investing. With over two decades of experience, Mr. Jain has made a mark in the Indian mutual fund industry due to his compassion and sheer hard work.