common investment mistakes

Many of us invest with sole purpose of saving tax forgetting the other variable like maturity period, rate of rerurn, risk factor and so on. Here are some common mistakes:

http://in.finance.yahoo.com/news/common-errors-avoid-while-investing-183300166.html

I started saving at the earliest possible time. That is the moment I joined my Job at the age of 25 years. This has taken care of all my necessities all along my life till now and they continue to do so.

Many of us invest with sole purpose of saving tax forgetting the other variable like maturity period, rate of rerurn, risk factor and so on. Here are some common mistakes:

http://in.finance.yahoo.com/news/common-errors-avoid-while-investing-183300166.html

I agree that these are the common mistakes many people make while inbesting.Property is one of the best investments which also saves on tax if it is done with some careful calculation...

Many of us invest with sole purpose of saving tax forgetting the other variable like maturity period, rate of rerurn, risk factor and so on. Here are some common mistakes:

http://in.finance.yahoo.com/news/common-errors-avoid-while-investing-183300166.html

I was reading one article from Forbes about this topic it clearly give importance to emotional decisions on investment are always bad. Emotions should be removed from all equation dealing with investmet decision making.

It's matter of common sense. Before anything else the investor must be able to see clearly what are his future needs. Different stages of life demands different needs. For example when you need money most for your children's higher education. When you need money most for their marriages. When yu need money to take care of your post retirement needs. Many people are lured by the agents of the financial institutions simply because the agent is prepared to pay the first 3 installments . Needs are yours. Therefore selecting a suitable investment should be in tune with your needs.