Recover From Wrong Investment Decisions Made in the Past | MoneyMindz

By | 25/08/2018
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India’s First Free Online/On-call Financial Advisory Portal – MoneyMindz

   People commit mistakes. Though we hate to accept our failures, we are still prone to mistakes. A person who hasn’t committed any mistakes in life is either lying or has never tried learning anything new. Moneymindz, India’s First Free Online Financial Advisory

A life without regrets is what we all want. However, we all have had our own share of mistakes. We have erred many times and we have failed many times. But the spirit of not giving up so easily and the spirit of trying again is what keeps us going.

You might have invested somewhere and regretted that decision today. Probably you didn’t save enough money in your younger days. Maybe you squandered away all your money being a spendthrift. Perhaps you used to be penny wise, pound foolish! Whatever it is, it has happened. Moneymindz, India’s First Free On call Financial Advisory

First of all, take a deep breath and make peace with the past. Learn from the past. Surely you have committed mistakes back then, which you can learn from now.

You might have listened to faulty advice and signed the document blindly. You might have copied what another person was doing in his/her investment. You may have sold all your stocks when they were about to give you the highest returns ever made in the next few months.

What you have to do is to learn from those mistakes. Instead of listening to faulty pieces of advice, do your own research about investment products and insurance products. Read the whole document including the “Terms and Conditions” before signing it. Do not follow the herd and try to copy others. Your financial goals are different. Be patient with your stocks. Smart Interactive Financial Adviser Kuber Mindz

Once you begin taking lessons from your failures and mistakes, your next step is to rectify them. If you bought a car/home on a Car Loan / Home Loan and the EMI is just too much, see what you can do about it. If you haven’t yet bought a Term Insurance, buy it. If you were postponing the idea of buying Health Insurance, don’t postpone any longer.

Start Emergency Fund, Retirement Fund, and such other investments. An Emergency Fund is supposed to take care of your expenses in case of an emergency without draining away your other investments and savings. A Retirement Fund gives you regular income after retirement.

Be informed about every decision you make. Do not make reckless decisions. Moneymindz has always been there to help people manage their finances better.

If you took decisions on your own, take Financial Advice from Financial Experts MoneyMindz. You can meet them by visiting www.moneymindz.com Best Financial Advice, Kuber Mindz

Do not hesitate or procrastinate any longer. You can always avail better advice from Kuber Mindz, a Smart Financial Advisor. You can also give a missed call to 022-62116588

For More Information Visit:

India First Free Online/On-call Financial Advisory Portal, Best Free Financial Assistance Portal Corporate Fixed Deposit (CFP)- MoneyMindz

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