Technology solve a lot of pain points for the common investor. Let us hear it from Aritro in the next video.
Here is a final summary of all that we have discussed in the last few sessions for building a good investment habit and portfolio:
Research – Always advisable to do enough research on investment products and markets before taking the plunge. Read up and listen to credible literature, courses, videos and podcasts. One word of caution - don’t fall for any and all social media influencer
Seeking help/advice – Sometimes it is not always possible to do all the research by oneself, due to lack of financial knowledge or even lack of time. In those times it is perfectly ok to seek help, even from professional sources. Because in the long run, the one-time or even regular commissions may be small change compared to the returns generated from expert advice
Diversify – Always a great strategy to not put all eggs into one basket, to manage risk and returns judiciously
Be regular – It is better to invest even in drips over a long period of time, than invest a lump sum intermittently
Monitor and take action – It is absolutely necessary for investors to keep an eye on their portfolio and take corrective actions, wherever necessary. However, investors also need to balance patience and bias for action
That brings us to the end of the course. Hope you had some good takeaways from the course.
Best of luck in your investment journey!