Understand basic features on the investment product prior to buying it.
Investors need to be aware that all investments carry some degree of risk.
Beneficial for investor to take advantage of the power of compound interest in the long run. When investment generate returns, accumulated gain also earn additional returns on reinvestment.
Diversified investing across various financial instruments reduce risk of a bad event impacting the entire portfolio of an investor.
Investor to maintain an emergency fund to plan for unexpected events.
An investor has to invest as per short term and long term financial goals.
An ideal investor knows the benefit of systematic and diversified investment for adequate wealth creation.
