Article

Financial shopping this Diwali

Priyanka Sharma

03 Apr 2018

Diwali season is upon us and like every year you must be really excited about the prospect of buying gifts and shopping to make the festival a perfect one. As Indians, we spend a fortune on celebrations, whether it is for buying fancy gifts, buying gold and jewellery for the future. But when you look at from a practical perspective, unplanned spending may take a toll on the financial health of an individual.

As most Hindus pray to goddess Laxmi to bring wealth every Diwali, the answer to your prayers has always been in front of you, without you ever realizing it. You just have to add some financial products like IPO, Mutual funds, Equities,etc. to your Diwali shopping list and you are all set.

Why invest in financial products?

While buying gold and jewelry is always a good thing, you can earn much more in the long run if you choose to invest your money in financial securities. Diwali season is one of the most exciting times of the whole year in India. Most companies wait for this season to launch new products or announce a positive news about the company’s business which can increase the value of your investment by a hefty margin in the future. If you choose to invest money during this season, there is a higher possibility of you earning huge profits in just month’s time.

There is nothing wrong with spending money on Diwali celebrations, but why not spend it in the way that can earn you huge profits? And you don’t have to dig into your savings everytime you make a plan for Diwali celebrations. Buying equities at a time when the companies are most likely to launch a new product or investing in mutual funds the bonus you get for Diwali will go a long way in building your wealth over time.

You may wait for Diwali to buy things for personal use, but successful investors wait to buy investments for building their personal wealth. If you haven't considered investing in financial securities yet, this Diwali can mark the start of your investing career. What better time to start investing than a time when Laxmi Ji herself is the happiest of the whole year?

You can understand how important the Diwali day is for investors by the fact that the stock market opens for just an hour on Diwali for ‘Muhrat Trading.’ Investors trade on this day to have a great trading year ahead, just like you do Laxmi poojan for a good financial year ahead.

The auspicious day of ‘Dhanteras’ falls on 17th October this year. Start your investing journey from this day and make it perfect by ‘Muhrat trading’ on Diwali. Go for equities, SIP, mutual funds and any other investment option of your choice and pray to Laxmi Ji that you have a brilliant investing career. Take the most important step towards building your financial wealth this Diwali and make it a perfect one for you and your family.

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mutual-fund

Why to Choose Mutual Funds Instead of Directly Investing Into Equities?

Whether to invest in equities or mutual funds is a question that has plagued every investor. As someone who needs the best value for his/her investment should you invest in equity directly or via mutual funds?

Let’s start by first understanding what these two terms ‘equities’ and ‘mutual funds’ stand for-

Equities- Equities generally represent ownership of a company. If you own any equity in a company, you are a part owner of the said company (depending on how much equity you own).

Mutual Funds – It is an investment scheme which is professionally managed by an asset management company. It pools together the resources of a group of people and invests their money in equities, debentures, bonds and other securities.

Why choose mutual funds over equities?

For people who’ve never invested in either stocks or mutual funds, it is hard to know which is better and where to start. Broadly speaking, if you are a novice investor, mutual funds are not only less risky but also way easier to manage. Here are some ways in which investing in mutual funds is beneficial as opposed to investing in equities -

Diversification

Mutual funds provide more diversification as compared to an individual equity stock. When you invest in equity, you are investing in a single company which has its inherent risk. For example, if you invest Rs.20,000 in buying equities of one company, you could face a total loss if that particular company performs poorly in the market.  

If you invest the same amount in mutual funds, it will be invested in different kinds of stocks and financial instruments, high-risk and low-risk both, so you might not face total loss even if one company does poorly.

Scale of Investment and Lower Costs

For an individual investor buying and selling stocks is a difficult task due to its high price. Thus, any gains made from stock appreciation are nullified if the overall trading costs are considered. Comparatively with mutual funds, as the money is pooled from a large number of investors, the cost per individual is lowered.  

Another advantage of mutual funds is that you don’t need to invest large sums of money. Buying equities for a profitable venture needs huge amounts of money, a minimum of few lakhs. With mutual funds, you can start with Rs.1000 and earn profits on that as well.

Convenience

Keeping an eye on the markets everyday is a time-consuming business, especially if you are investing as a side gig. There are people who spend their lives studying the market and still end up sustaining heavy losses. Though investing in mutual funds does not guarantee high returns, it is stress-free and needs less work as compared to investing in equities.

To sum it up

It is important to remember that mutual funds have their own disadvantages as well. Thus, as with any financial decision, educating yourself and understanding the suitability of all the available options is the ideal way to invest. 

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Financial shopping this Diwali

Priyanka Sharma

03 Apr 2018

Diwali season is upon us and like every year you must be really excited about the prospect of buying gifts and shopping to make the festival a perfect one. As Indians, we spend a fortune on celebrations, whether it is for buying fancy gifts, buying gold and jewellery for the future. But when you look at from a practical perspective, unplanned spending may take a toll on the financial health of an individual.

As most Hindus pray to goddess Laxmi to bring wealth every Diwali, the answer to your prayers has always been in front of you, without you ever realizing it. You just have to add some financial products like IPO, Mutual funds, Equities,etc. to your Diwali shopping list and you are all set.

Why invest in financial products?

While buying gold and jewelry is always a good thing, you can earn much more in the long run if you choose to invest your money in financial securities. Diwali season is one of the most exciting times of the whole year in India. Most companies wait for this season to launch new products or announce a positive news about the company’s business which can increase the value of your investment by a hefty margin in the future. If you choose to invest money during this season, there is a higher possibility of you earning huge profits in just month’s time.

There is nothing wrong with spending money on Diwali celebrations, but why not spend it in the way that can earn you huge profits? And you don’t have to dig into your savings everytime you make a plan for Diwali celebrations. Buying equities at a time when the companies are most likely to launch a new product or investing in mutual funds the bonus you get for Diwali will go a long way in building your wealth over time.

You may wait for Diwali to buy things for personal use, but successful investors wait to buy investments for building their personal wealth. If you haven't considered investing in financial securities yet, this Diwali can mark the start of your investing career. What better time to start investing than a time when Laxmi Ji herself is the happiest of the whole year?

You can understand how important the Diwali day is for investors by the fact that the stock market opens for just an hour on Diwali for ‘Muhrat Trading.’ Investors trade on this day to have a great trading year ahead, just like you do Laxmi poojan for a good financial year ahead.

The auspicious day of ‘Dhanteras’ falls on 17th October this year. Start your investing journey from this day and make it perfect by ‘Muhrat trading’ on Diwali. Go for equities, SIP, mutual funds and any other investment option of your choice and pray to Laxmi Ji that you have a brilliant investing career. Take the most important step towards building your financial wealth this Diwali and make it a perfect one for you and your family.