A big mistake that most of them are making today.

 Let's play a game of questions and answers and figure out if you are able to reach till end.  Don't worry there are only 4 Questions😊


Question 1: Is Financial Planning Important to You?  If your answer is yes then only read further otherwise this article is not for you.

Question 2:  For any important health issue would you search an online Google solution/friend's advice and take medicine or would you like to go to a specialist or professional?  If your answer is a specialist then read further because this article is only for those who are serious about taking correct financial decisions.

Question 3: If you go to a specialist would you check his / her credentials?  If your answer is yes go ahead, if No you can drop it now.

Question 4: If you are satisfied with the credentials, then you will take an appointment, if it is a few days later you will wait, even after taking an appointment it's seen that we have to wait till the patients ahead of us are done.  Then you go into the doctor's cabin, say your problems, and then he gives you the solution (medication).  Then to go with what the doctor said or no is your decision, but at least you feel that you did justice to yourself by going to a specialist.  Do you feel I am right?  If yes, read further.

So please understand that if money matters and financial decisions are important to you then you should take professional advice and not rely upon online tips.  Your Financial Future/standing is dependent on the decisions taken today.  Don't let your future self regret and blame your present for not taking correct and wise decisions.

Please seek professional help who have experience and their work is to give you the best financial solutions.  And you concentrate and invest time and energy in your work and profession.  

Before making a final decision please go through the below DISADVANTAGES of investing online by oneself

1) Lack of Expertise  Investing requires knowledge & expertise in the financial market, securities & various investment instruments.  If you are not well-versed in these areas, investing online by yourself can be risky. You may make uninformed decisions, leading to potential losses or missed opportunities

2) Emotional Biases: Investing decisions can be influenced by emotions such as fear, greed, & impatience.  When investing online by yourself, you mail fall victim to these emotional biases, leading to impulsive or irrational investment decisions that may not align with your long-term goals.

3) Limited resources: Online investing typically requires access to financial tools, research, and data to make informed decisions. If you don't have access to reliable resources, you may not be able to thoroughly analyze investment options or stay updated with market trends, which can negatively impact your investment performance.

4) Security RiskOnline investing involves providing personal and financial information over the Internet, which can expose you to potential security risks such as identity theft, hacking, and fraud. If you're not careful with your online security measures, you may be at risk of financial loss.  Cybercrime is known to all.

5) Lack of personalized advice: When investing online by yourself, you won't have access to personalized advice from a qualified financial professional. This can be a disadvantage if you're not experienced in investing and need guidance in creating a diversified portfolio or making strategic investment decisions.  The Professionals are having knowledge and talent to study the economy, your life stage, and risk appetite and then advice and their work is to do that and keep themselves updated with the new movements and changes happening the way a doctor does in his field the way a designer does in his field and the way you must be doing in your field.

6) Time commitment: Investing online by yourself requires time and effort to research, analyze, and manage your investments. If you have a busy schedule or lack the time to dedicate to proper investment management, it may lead to suboptimal results. Instead, you can leave the job with a professional and invest that time in your work or your family.

7) Technical difficulties: Online investing relies on technology, and technical glitches or system failures can occur, potentially disrupting your investment transactions or access to your investment accounts. This can be frustrating and may impact your ability to manage your investments effectively.

It's important to thoroughly research and understand the risks associated with online investing before deciding to invest by yourself. Consider your level of expertise, resources, risk tolerance, and time commitment before making any investment decisions. It may be beneficial to seek advice from a qualified financial professional to ensure you make informed investment choices

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