Investing is simple, but not easy — Warren Buffett.
This quote by Warren Buffet is very apt in today’s scenario considering the bouquet of investment options before us.
Investments make sense only when they are done with some specific purpose or goal. If you invest just for the sake of investing, then it is called haphazard investing. It makes no sense. It is as good as playing football without a goal post. You’re just running around with the ball not knowing where or when to hit it to score.
Example:
A lot of people buy insurance just because some particular bank person/relative pushed it to them or because some friend of theirs invested in the same. Similarly a lot of people invest in the Stock Market just because they get lured by some friends’ returns.
Every individual is different and so are his/her financial goals and requirements. Thus one cannot generalize investment planning for everyone. This is where proper planning is required to make sure you invest sufficiently and with some specific purpose. An Investment Planner would help you to understand and help you structure your investments. The planner would also help you to understand your goals and guide you with solutions.
Always consult a professional Financial Planner/Advisor for your Investment Planning.
