We know, we know, you’ve probably taken one look at this title and are ready to run away… but if you stick around, we’ll try and make this as non-boring as possible.
You’ve probably already heard the advice to start investing as early as possible, but we know that starting out is always the hardest part.
We know that you know you should invest, but the sheer number of choices can be absolutely paralyzing. With the number of competing demands on your to-do list, setting aside a sum of money to invest seems impossible.
But the good news is that in today’s day and age, investing is easier than ever. You can get advice from experts, do your own research and invest in what feels right for you.
Here are some investing tips for 2022 so that you can finally begin your investing journey and check off at least one resolution at the end of the year (we all know going to the gym 5 days a week is never going to happen!)
So here we go, investing tips for 2022 that actually make sense:
The biggest roadblock when it comes to investing is that it’s a long-term endeavor. Unlike Kaun Banega Crorepati, you won’t walk away with a giant check in your hand the next day, but if you keep at it for a considerable amount of time, you can earn an amount with that many zeroes in front of it.
The problem? Our brains don’t like waiting for a treat. When we want chocolate cake, we want it RIGHT NOW. We don’t want to wait 3 years from now to be able to eat it, do we?
So, the best investing tip for those just starting out on this journey is to rewire your brain to focus on the long-term goals.
One way to do this is through visualisation. Imagine how that latest iPhone will help you elevate your Insta game, how the gelato will be so creamy and delicious after that long day of sight-seeing in Italy. This can make those goals feel real. If you need a more tangible reminder just save your favourite image as your screensaver.
The good news is investing can make all of these dreams come true. Prioritising your long-term goals will help you make decisions that future you is going to be thanking you for.
With Deciml’s solution of easy round up investing, you can invest small amounts over a large amount of time. So, every time you spend, that Italian vacation gets a little bit closer. It isn’t necessary that you have to start off your investment journey straight away with an amount that feels out of reach. Even that 10 rupees you put in right now, will matter a lot in the long run.
Investing is not just about creating a safety net; it is about prioritising your financial well-being just as much as your overall well-being. Financial well-being could mean anything from financial survival to financial freedom. So, spend some time to think about what financial freedom means to you, the ability to absorb an unexpected cost, like a home or car repair, or taking a spontaneous vacation with your family. Investing will help you generate money in a way that provides comfort and happiness — even if it’s being able to order sushi just because you felt like it.
Investing is just like planning a road trip. You need to know where you’re going or in other words your destination. You also need directions. Investing is no different. Start by plotting your goals. For every goal, you should also have a timeline of when you want to reach the goal and a rough estimate of how much the goal should cost.
The next step is to consider your risk tolerance. This means how much volatility you are willing to stomach. Generally, the consensus is to invest more aggressively for financial goals a few years away and more conservatively for goals that are 5 years away or less.
If the thought of jumping into investing still overwhelms you, explore investing small amounts and creating a short-term financial goal for yourself with Deciml. Deciml is a round up investment app that makes investing easy by enabling you to save some spare cash every time you spend.
Intrigued? Know more about how round-up investment works here .
Once you’ve plotted your roadmap, get into your car and enjoy the ride! Look out, feel the cool breeze, and take pictures of the scenery. You don’t need to check your investments every day and always get involved. Remember that old adage? A watched pot will never boil.
In fact, keeping an overtly watchful eye can actually work against you. Because you are more likely to make investing decisions when you are feeling strong emotions.
The market will ebb and flow — don’t let emotions sweep you away.
There has never been a better time to jump into the world of investing. If there’s one thing you should do in 2022, it is to download the Deciml app here. and start investing early, daily and automatically.
Thank us later!
We know, we know, you’ve probably taken one look at this title and are ready to run away… but if you stick around, we’ll try and make this as non-boring as possible.
You’ve probably already heard the advice to start investing as early as possible, but we know that starting out is always the hardest part.
We know that you know you should invest, but the sheer number of choices can be absolutely paralyzing. With the number of competing demands on your to-do list, setting aside a sum of money to invest seems impossible.
But the good news is that in today’s day and age, investing is easier than ever. You can get advice from experts, do your own research and invest in what feels right for you.
Here are some investing tips for 2022 so that you can finally begin your investing journey and check off at least one resolution at the end of the year (we all know going to the gym 5 days a week is never going to happen!)
So here we go, investing tips for 2022 that actually make sense:
The biggest roadblock when it comes to investing is that it’s a long-term endeavor. Unlike Kaun Banega Crorepati, you won’t walk away with a giant check in your hand the next day, but if you keep at it for a considerable amount of time, you can earn an amount with that many zeroes in front of it.
The problem? Our brains don’t like waiting for a treat. When we want chocolate cake, we want it RIGHT NOW. We don’t want to wait 3 years from now to be able to eat it, do we?
So, the best investing tip for those just starting out on this journey is to rewire your brain to focus on the long-term goals.
One way to do this is through visualisation. Imagine how that latest iPhone will help you elevate your Insta game, how the gelato will be so creamy and delicious after that long day of sight-seeing in Italy. This can make those goals feel real. If you need a more tangible reminder just save your favourite image as your screensaver.
The good news is investing can make all of these dreams come true. Prioritising your long-term goals will help you make decisions that future you is going to be thanking you for.
With Deciml’s solution of easy round up investing, you can invest small amounts over a large amount of time. So, every time you spend, that Italian vacation gets a little bit closer. It isn’t necessary that you have to start off your investment journey straight away with an amount that feels out of reach. Even that 10 rupees you put in right now, will matter a lot in the long run.
Investing is not just about creating a safety net; it is about prioritising your financial well-being just as much as your overall well-being. Financial well-being could mean anything from financial survival to financial freedom. So, spend some time to think about what financial freedom means to you, the ability to absorb an unexpected cost, like a home or car repair, or taking a spontaneous vacation with your family. Investing will help you generate money in a way that provides comfort and happiness — even if it’s being able to order sushi just because you felt like it.
Investing is just like planning a road trip. You need to know where you’re going or in other words your destination. You also need directions. Investing is no different. Start by plotting your goals. For every goal, you should also have a timeline of when you want to reach the goal and a rough estimate of how much the goal should cost.
The next step is to consider your risk tolerance. This means how much volatility you are willing to stomach. Generally, the consensus is to invest more aggressively for financial goals a few years away and more conservatively for goals that are 5 years away or less.
If the thought of jumping into investing still overwhelms you, explore investing small amounts and creating a short-term financial goal for yourself with Deciml. Deciml is a round up investment app that makes investing easy by enabling you to save some spare cash every time you spend.
Intrigued? Know more about how round-up investment works here .
Once you’ve plotted your roadmap, get into your car and enjoy the ride! Look out, feel the cool breeze, and take pictures of the scenery. You don’t need to check your investments every day and always get involved. Remember that old adage? A watched pot will never boil.
In fact, keeping an overtly watchful eye can actually work against you. Because you are more likely to make investing decisions when you are feeling strong emotions.
The market will ebb and flow — don’t let emotions sweep you away.
There has never been a better time to jump into the world of investing. If there’s one thing you should do in 2022, it is to download the Deciml app here. and start investing early, daily and automatically.
Thank us later!
