Read PDF How To Save Money Intelligently: A Systematic Approach to Saving Money and Buying Efficiently

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You want to invest in companies that are going to stay strong for the long run. Industries or sectors which are very competitive are not usually good long-term investments. The companies face cut- throat competition and have to run on a low profit margins.

They carry risks of even less profit or making loss if demand of the commodity or service goes down. Be wary of investing in companies in super competitive industries. If a company has low profit margins, it can be tough to be rewarded as a shareholder. It can be very tempting to sell off your good shares for profit.

Hold your shares and allow them to grow. But should you listen? Investments in Gold are used as a hedge against inflation and currency devaluation, and as a safe haven against any economic crises. Investments in Gold gives a good return in the long run. The Gold market is highly liquid and you can sell whenever you need the cash.

Investments in Gold ETFs provides returns matching direct investments in gold, without the hassles of taking physical delivery of Gold. It is a unique way of accumulating Gold for future needs. You can sell it in cash and convert into physical gold. The investment is risk free and beats inflation over the long-term. Thus, you get a real rate of return guaranteed by the government. To stay on track with your investment goals you need to continually add money to your investments.


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An easy way to do this is investing through a SIP. SIP is similar to a Recurring Deposit.

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On a specified date the amount will get invested in mutual fund schemes or shares of your choice. Investment through SIP is a unique way of accumulating shares without waiting for market timings. A SIP is a disciplined approach towards savings and investments. This helps you inculcate the habit of saving and building wealth for the future. You can invest in a basket of securities through an ETF. It closely tracks the performance of an index, a commodity or a basket of assets. ETFs are traded at exchange just like a stock and provide returns that closely correspond to the total return of the securities included in their baskets.

ETFs can be a great way to diversify your investments. Fixed-income securities such as bonds or, fixed deposits pay you a fixed rate of return. The interest on these may be paid periodically. As they provide an assured return on due dates as per schedule, you can plan your cash inflows for meeting some regular expenses like school fees.

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You may desire to buy shares at its low and sell it at its high, but this is hard to achieve. The Dollar Cost Averaging Plan involves investment of a fixed dollar amount at a fixed interval. This could be weekly or monthly for purchasing specific shares, irrespective of the stock price. Your money then fetches a greater number of shares when the price is low and lesser when the price is high. Dollar Cost Averaging Plan allows you to accumulate shares at a lower average cost per share.

Buy stocks in businesses that you understand.

Setting Priorities

You should be familiar with the sector and the company. Phillip Fisher, a great investor, tells us buying a company without having sufficient knowledge of it may be dangerous. Do some homework and research before investing. Educate yourself on all of your investments. As a new investor, you may make some mistakes. Do not get discouraged. Even great investors make wrong decisions sometimes!

Analyze what went wrong and learn how to avoid them in future. The best model for success is to learn from your failures. Blue chips companies are fundamentally strong companies with a track record of performance, earnings and reputation. Typically, these are large companies that have been in business for many years and are considered to be very stable.

Investment in Blue Chip Shares is considered relatively secure, less volatile and gives steady returns over long run. By studying great investors, you can avoid many mistakes. Phillip Fisher, one of the most influential investors of all time, has recorded his investment philosophies in his book Common Stocks and Uncommon Profits.

They are widely studied and applied by investment professionals. It can be easy to invest on impulse, especially for new investors. Control your emotional behavior in the market.

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Diversity of your portfolio with limited good quality companies is desirable, but first you need time to understand the companies. You can achieve the same objective. This is also the approach that the Bogleheads' advocate. Just divide 72 by the interest rate and you have the number of years it takes to double your money, roughly. The rule of 72 can help you weigh your investment options. You want to invest in strong companies that will do well in the long term.

The wider the moat, the tougher it is for the competitor to gain market share.

It provides sustainable competitive advantages to its businesses. Benjamin Graham, the greatest investment advisor of the twentieth century, taught and inspired investors worldwide. It is advisable to buy a stock because it is available at a cheap price. The cheap stocks may be really worth even less. Remember a company which is doing badly may perform even worse in future. You need to think long term when investing so be sure to do plenty of research before buying stocks.

Risk your money only if you can afford to lose it. Distinguish between investments and speculation. It is advisable to avoid speculation.