Investors now have a plethora of options to choose from, steering them onto the path of financial freedom
As we move towards generational parity, there has been a substantial shift in ideology and perception towards savings and long-term financial planning. The millennials are getting their feet wet, delving into investments for greater financial freedom, while the baby boomers and Generation X target wealth maximization and preservation, thus altering their investment strategies.
Understanding the risks involved before investing, and how to mitigate losses could fast-track the process of achieving your investment goals. This is only possible through a proper investment strategy which guides you through the investment journey. An investment strategy acts as a manual, enabling you to choose and opt for the best investment plan depending on your profit objectives and timeframes, and provides you with the risk-reward potential of your investments.