WHAT ABOUT YOU ?... TAKE CARE...

February 2, 2016

WHAT ABOUT YOU ?... TAKE CARE...

Sensex is low. Market PE is cheap. This is just the right time to enter the equity markets.

But if I purchase shares, it may be a risky proposal, I may lose my money.

That is so true but where there is risk there is a reward. So what to do?

I think I should be taking help of a professional who is well qualified in buying and selling shares and direct him to invest in shares on my behalf... or will be even better to employ such an individual so that he keeps my investments well monitored... isn't it a better idea?

Yes it is fantastic idea, but doesn't seem viable.... I wish I could have employed a fund manager for managing my investments without making any payments to him, but that neither looks possible nor viable.

Let me think.... I think I am mistaken.... that is very much possible... I can do that by investing through Mutual Funds.

But are mutual funds not risky? They are but since they are monitored, by a qualified fund manager, risk is minimal.

But what if I further want to keep risk at bay.... I think instead of investing in one go, I should be investing small sum of money at regular intervals for further reducing my risk.... so why not invest through SIP mode, that will further reduce my risk. Will it not?? Yes it will.

But I don't have any extra money to invest, as all that I earn I spend and whatever I save I have to invest in tax savings investments under section 80C.

Don't worry that's absolutely not a problem... I think investing in an ELSS funds would be just appropriate for me ..... and that is exactly what I have been looking for.

I got it... I got it .... I am so happy I got it....

So I now stop this monologue and rush to buy an ELSS fund before the close of instant financial year and will also start a SIP in an ELSS fund so that for next year my 80C investment is automatically taken care of....

Hurray that's so fantastic I am sure I will create more wealth now....

What about you?? Take care...

Rajiv Kapoor
FCS
9839034761