Investing your money has never been this easy. With the advancement of technology, one can now start investing for as low as Rs 1000 a month just with the help of one’s smartphone. Though technology has made it that easy, you can not just start investing without a proper plan. You need to invest as per your future requirements. It could be paying the down payment of your car or property or your anything else, really.
1. You need to start investing early.
You should not wait for a reason to start investing. Instead, you should start investing as soon as you get your first paycheck. Waiting for your bonus, or a raise is just not a good enough reason. The sooner you start investing, the better your returns will be . Also, the returns you get depends on the compound interest which gets better the longer you invest your money.