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How to Create an Investment Portfolio

IndianMoney.com Research Team | Updated On Tuesday, November 18,2014, 09:43 AM

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How to Create an Investment Portfolio

 

 

Following are the steps to be followed while creating an efficient investment portfolio.

Step1


Find out what items or events you are saving for. These can be retirement, new home, children's education or anything else you choose.

Step2


Find out when you want to retire, purchase a home or send your children to college. It will help you to decide what percentage return you need to earn on your initial investment.

Step3


Make a decision on how much money to invest. Invest what you can comfortably afford now, keeping in mind that you can change the amount later.

Step4


Find out how much risk you are willing to take. Many investments generate high returns but are riskier than others.

Step5


Once you decide the amount you are going to invest, the returns you want to achieve, when you need the money back and how much risk you are willing to accept, put together your investment portfolio.

Step6


An investment counselor or stockbroker can be a good source of advice, tell them your objectives and ask them to recommend how to allocate your money.

Step7


Monitor and revaluate your portfolio at least once in a year.

 

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IndianMoney.com Research Team

The research team at IndianMoney.com comprises of certified and experienced professionals who share the company's vision to make every Indian financially literate by equipping every Indian with right and unbiased advice. IndianMoney.com research team provides newsletters, articles, videos and FAQs on various financial products and concepts only to help you make wise financial decisions.

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