Failing to define measurable financial goals
Making a financial decision without understanding its effects on other financial issues
Confusing investment with financial planning
Disregard for re- measuring their plan periodically
Believing that planning is only for the wealthy
Thinking that planning is for old aged people
Thinking that financial planning (http://www.capitaltrends.in/
Waiting until a money crisis begins
Expecting unrealistic returns on investments
Thinking that using a planner means losing control
Misconception that financial planning is primarily a tax planning
As it says “Make your money count with a plan,” so, start planning as soon as you can, and have realistic expectations. But it’s true, when it comes to investing your hard earned money, it certainly becomes a hard situation to decide and go with. Some people invest in real estate, some settle down with the interests on a saving account, but beyond these, equity marketing with proper equity research which is commonly known as stock market or trading, is undoubtedly the sector which can raise your investment exponentially in a very short span of time. It certainly sounds lucrative, but that does not mean it’s totally risk free. As all ventures possess pros and cons, so does this one. If this sector has the capability to make you rich, the next day it also has the mechanism to sink your money and put you on the road. Equity marketing without proper equity research ( http://www.capitaltrends.in ) is like appearing for an exam without even touching the related books.
When you are on the verge of getting into this lofty margin stock market trading, you can simply find a number of brokers offering investor education via offline mode or through some web sites.
It is believed that “Trading is more a game than a business.” So, play it diligently and ingeniously, if you really wish to get rewarded by investing your hard earned money.
The writer of this article is a working with capitaltrends.in and has ample experience in financial planning ,equity research and investment advice ( http://www.capitaltrends.in ).