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Many people wait for the right time make financial decisions.It may be related to buying property or gold, start a business or do any other form of investment.Time and situation plays a very important role for decision making along with human emotions.For bigger commitments decision takes time and lot of thought process but when it comes to small savings earlier you invest the better.
While investments in infrastructure & personal property is on the downslide with people staying away from real estate investments in recent times, awareness and raising interest of investors into indian market through mutual funds is growing predominantly. With the temporary bear market offering great opportunity for long term investors to accumulate units in shares & Mutual funds,It is also auspicious time for families to make financial beginning during the 9 days of navaratri.
“People invest in vehicles, gold, flats and many other financial products on these days,Last year when we bought a house, we wanted to conduct the house warming ceremony on an auspicious day. So we felt that the day of Dussehra was the best day for us to enter our new house.” said one of our client.
He adds, “Another reason for choosing this day was one does not need to wait for the correct mahurath or auspicious moment, as the day itself is considered very lucky.”
The city is getting ready to celebrate and welcome the festivals that are on their way. One has to wait and see how these festivals will affect the realty market. With extensive shopping season ahead and retailers giving out offers to increase your liabilities in the form of EMIs, a focused plan enables financial discipline. You may start saving anytime, but remember ‘ Time is Money’! Lost time & years in your life will never come back.
Be it buying physical assets or investing in financial products like a proper child education and income protection plans, SIPs, retirement plans or planning for other goals such as vacations etc. The time is just about right in all aspects to start something new with proper advice this navaratri.