LIC AGENT IN NAGPUR

By -
Next Level Lesson - seat belt कस के बाँधिए
******
The Air Hostess announces that passengers should keep their seat belts fastened all the time during the journey.  

We may wonder why she makes this announcement because the need for a seat belt is seldom felt. 

However, these are processes designed for emergencies because one bad turbulence is enough to sustain fatal injuries and therefore proper risk mitigation processes can be life saving.

Likewise in personal finance, a good advisor through prudent risk mitigation advice like diversification, buying during market market dips, asset rebalancing during a market rally etc prepares an investor for exigencies. 

Just like the seat belt, these may not seem an urgent need during 'good times'. 

However they can prove to be life saving during bad times when markets go through turbulence.

One must remember that 'turbulence' whether in mid-air or in the market is temporary and passes away with time. 

But, during the turbulence it is the simple risk mitigating processes that come to our rescue and prepare us for the long haul because losing a large portion of one's wealth even for a short period can be very distressing with unexpected consequences. 

You may not feel the need of a financial advisor in the best of conditions but  conditions change from time to time and during turbulent conditions when uncertainty prevails, it is good advice and his presence that keeps the investor anchored to safety.

Comments

Post a Comment

Popular posts from this blog

Which term insurance plan is best for you?

By -
  Which term insurance plan is best for you? In today's world, where things can be uncertain, making sure your family has enough money for the future is really important. That's where term insurance plans come in handy. They're an easy and not-too-expensive way to make sure your loved ones have enough money if something happens to you. If you live in Nagpur, it's especially important to pick the right term insurance plan, and having a trustworthy insurance agent or advisor in Nagpur can really help. In this article, we'll talk about the different types of term insurance plans available and help you figure out which one might be the best for your situation. Level Term Insurance: One of the simplest and most widely chosen types is level term insurance. With this plan, you pay a fixed amount of money for a certain period, like 10, 15, 20, or 30 years. Many people in Nagpur like this type because it's easy to understand. If you happen to pa...
Read more

Six sip secrets you should know.

By -
  Six sip secrets you should know. Mutual fund investing has long been regarded as one of the best strategies for long-term wealth growth. Like many other Indian cities, Nagpur is seeing an increase in the number of people using mutual funds to reach their financial objectives. By using a systematic investment plan (SIP), you can invest in mutual funds in one of the most well-liked and convenient ways possible. However, there are a few SIP secrets that, when understood and used, can drastically affect the results of your mutual funds. We'll go into these six SIP secrets in this blog and examine how they can affect your financial journey, with a particular emphasis on Nagpur and the significance of a mutual fund advisor in Nagpur. Consistency is key - Systematic Investment Plans, or SIPs, encourage investors to make consistent, recurring investments. This methodical strategy makes sure that you invest a set amount of money at regular intervals, usually once a mo...
Read more

Sip or Buying a DIP? Which is better?

By -
  Sip or Buying a DIP? Which is better? Investors have access to a wide range of tactics and methods for investing in the financial markets. The SIP (Systematic Investment Plan) and the DIP (Buying the Dip) are two widely used techniques. The decision between the two tactics depends on a number of elements, each of which has advantages and disadvantages. With a focus on the setting of SIP investment in Nagpur, India, and the function of a financial advisor or investment planner in Nagpur, we will examine the contrasts and advantages of each technique in this article. Let's start by discussing SIP investments. A SIP is an investment strategy in which a person makes fixed investments in mutual funds or exchange-traded funds (ETFs) at predetermined periods, generally monthly or quarterly. The rupee cost averaging that SIP provides is its main benefit. The impact of market volatility is reduced because the investment is spread out over time. By using a systematic approach, investor...
Read more