Mit Magzter GOLD unbegrenztes Potenzial nutzen

Mit Magzter GOLD unbegrenztes Potenzial nutzen

Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur

$149.99
 
$74.99/Jahr

Versuchen GOLD - Frei

Clear Goals and Discipline: How Small Investors Can Build Lasting Wealth

Mint Mumbai

|

January 09, 2025

There is no one-size-fits-all, the answer will depend on your needs, personal preferences

- Vivek Sharma

Clear Goals and Discipline: How Small Investors Can Build Lasting Wealth

Small investors often feel intimidated by the fancy jargon financial experts use. But you don't need to understand all that to build big wealth. All you need is a solid investment plan, discipline to avoid critical mistakes, and the patience to stay on course. If you stick to the basic principles, you'll likely do better than most people. Let's dive into each step in more detail.

Building an investment plan

As the saying goes, failing to plan is planning to fail. A solid investment plan will guide your decisions every step of the way. If you need to consult a financial advisor during this stage, don't hesitate—it will be worth the cost. Not having a well-thought-out plan is like entering a dense jungle without a compass to guide you through.

The first step in building an investment strategy is to set realistic expectations. People basing their expectations from the market based on its recent performance are setting themselves up for disappointments. Your expectations should be grounded in the long-term performance of the stock markets. Historically, equity markets have delivered average returns of 12–15%, while debt instruments average around 8%. If you have a balanced portfolio with a balanced mix of equity and debt, your returns will likely fall between the two.

WEITERE GESCHICHTEN VON Mint Mumbai

Mint Mumbai

Mint Mumbai

Beyond music, audio series strike a chord with youth

Pocket FM and Audible are seeing strong traction for audio series, especially in smaller towns

time to read

2 mins

September 23, 2025

Mint Mumbai

GEAPP's $7.5 bn push for clean grids

An alliance that installs renewable energy in developing countries wants to invest around $7.5 billion in its next five-year plan, executives said, and is seeking more philanthropic partners as richer nations cut government aid.

time to read

1 min

September 23, 2025

Mint Mumbai

The rush to return to the office is stalling

Big companies from Microsoft to Paramount and NBCUniversal are ordering workers to show up to the office more often. If only their staffs would heed the call.

time to read

3 mins

September 23, 2025

Mint Mumbai

SC to review probe into Air India crash

The justices also criticized the leak of AAIB's preliminary inquiry report, calling it “unfortunate”

time to read

1 min

September 23, 2025

Mint Mumbai

Voltas prays for October heat as GST 2.0 takes effect

Voltas Ltd management’s recent interaction with analysts to update about business environment and outlook brings no cheer for its investors.

time to read

1 mins

September 23, 2025

Mint Mumbai

It's time to reckon with the seven ugly sins of artificial intelligence

Each of them poses a clear and present threat but the rise of AI shouldn't make us gloomy if the world manages to regulate it

time to read

4 mins

September 23, 2025

Mint Mumbai

Mint Mumbai

Tide enters unicorn club as TPG leads $120 mn fundraise

UK-based Tide has raised over $120 million in a funding round led by TPG, valuing the fintech company at $1.5 billion. Tide, which counts India as its fastest-growing market, was valued at around $650 million in 2021, according to data from market intelligence platform Tracxn.

time to read

1 mins

September 23, 2025

Mint Mumbai

KRBL chief Mittal calls ind director Chaudhary's exit 'hostile'

KRBL Ltd, the company behind the leading basmati rice brand India Gate Basmati Rice, has described the resignation of its independent director, Anil Kumar Chaudhary, as a ‘hostile’ move, dismissing his allegations of corporate governance lapses.

time to read

1 mins

September 23, 2025

Mint Mumbai

Stay alert to turbulence on India’s external front

An H-1B visa barrier that squeezes talent supply to the US could join other forces to put our balance-of-payments at some extra risk. Capital controls may need to tighten temporarily

time to read

2 mins

September 23, 2025

Mint Mumbai

Bond traders lean into 'sweet spot' amid doubts on Fed path

BlackRock Inc., PGIM and other Wall Street firms, bond-fund managers are sticking to trades that will likely pay off even if the Federal Reserve’s path is again knocked off course by surprising turns in the economy.

time to read

1 mins

September 23, 2025

Listen

Translate

Share

-
+

Change font size