6 Things should Keep in Mind While Investing

 

Recently, my father lost Rs. 10 Lakh in investment due to trust on a person who cheated him. After this failure, he got following lessons which he shared with his experience. 

Following are 6 Things should Keep in Mind While Investing

1. Don't invest money under superstitions

Some people are very attractive. They created trust on our mind. They gives us big greed. They do flattery. With this, started blind trust on that person. This is called superstitions. Never invest money due to superstitions. Never come any person who gave you big greed and capture you in his bad plan. It will lost of your money in investment. 

2. Use your money properly, don't give it to everyone

Such cheater who came first time for solving your problem. You gave money to him. They understood, it is very easy to withdraw money from him because he did not get lesson from past losing of investment. So, they made fake investment plan and you started investing in it and in end, you lost everything. So, never invest in such schemes. 

3. Know the value of money and invest in maximum safe setting

Every Rs. 1 in your pocket has the power of Rs. 1 Crore because it has the power of compounding. So, know the value of this money and invest it maximum safe setting. If you feel unsafe never invest there.

4. Believe in what is worthy of trust

Sometime you believe on the person who is not trust worthy. So, take the test of him If he fails, never give Rs. 1 to him for investment. I remember, my friend to whom, I invested Rs. 15000 did not give proper accounts. So, I understood, he is not trust worthy, so, I withdraw my investment safely. 

5. Go out with loved ones

Cheaters knows that investors loves to travel. So, he started to bribe to investor free tour where he won the trust of investor. So, never go with unknown people. Go with the people to whom you have trust and to whom you love. 

6. Never Trust who has Bad habit 

IF you see a person has bad habits like he is consuming alcohol. He is eating meat, chicken and eggs. He is going to the bed of different women. Never invest your money by his advice. His aim is only to take your money and use it in his addictions.