The first step before you decide to invest money is to establish your retirement goals, investment tenure, and risk appetite. A proper retirement investment plan can help you decide on an apt asset mix and a proper portfolio.
Always remember to set up an investment portfolio
in such a way that the investments are diversified. Diversification of portfolios help spread risks as well as maximize returns earned.
We advise investors between the ages of 20 to 30 to invest in market-linked tools such as stocks or mutual funds. These investment tools have a higher risk exposure than others but offer relatively unstable and high returns over the long run.
We advise investors post 30 years of age to invest in instruments that provide stable returns and have lesser risk exposure such as, fixed deposits and Public Provident Funds (PPF)
Investments in instruments like PPFs not only help grow your wealth but also help you save tax.
North Loop offers international checking accounts
requiring no account minimums. There are no account fees associated, and checking account holders get a global ATM coverage with unlimited ATM fee refunds.
North Loop also offers a wide range of investment instruments ranging from Fixed Deposits
to carefully chosen mutual funds
Mutual funds are packed with features such as round up investing, wealth advisory, etc., bound by an automated set of rules and goals.
Investors can invest in over 3000+ US stocks with North Loop starting from just $1.
Investors can get up to 7% interest on your deposits in North Loop’s very own set of Fixed Deposits. Click here
to sign up with North Loop.