The dos, the don’ts, and everything in between
We’re faced with making choices the moment we wake up. “What do I have for breakfast today?” “Can I sleep in for an extra 5 minutes?” “Should I put on pants for the unavoidable early-morning zoom meeting or call in sick?”
Some of these are easy, but others aren’t as straightforward. And no, we’re not talking about that zoom call.
When you think about it, so many things in life require you to make a choice, right from your breakfast cereal, all the way to your health insurance plans. And while having so many options may seem like a good idea, studies show that this can actually be exhausting and even mentally draining.
The world of investing isn’t a stranger to this dilemma. Like most things, investing has evolved drastically over the years. Back in our grandparents’ time, most of the Indian market was unexplored, leaving only a few options for those who ventured into the field. Today, there are hundreds of products and multiple platforms for you to choose from. This overload of options can get overwhelming.
So if you’re new to the world of investing, where do you start? There is no right answer. However, there is a list of questions you can ask yourself to make sure you choose a product that works for you.
What are your expectations?
The first step is to figure out your goals. Are you investing to save up for a car, a house, a vacation, or retirement? It’s important to know what you want so you can always stay on track with your goals.
How long do you plan to stay invested?
Are you more of a short-term or a long-term investor? Do you want to build wealth for immediate use or for a future goal?
What’s your risk appetite?
Do you want to go slow or take the road less travelled? You should always know how much risk you’re willing to take and where you want to draw the line.
How hands-on do you want to be?
Between meeting deadlines for work, attending zoom calls and helping your kids with their homework, there might not be enough time to find the right stocks or to time the market. Before you start your investing journey, you need to know how much time you can afford to devote to your portfolio.
Still confused about where to start? Don’t worry, we’ll make this easy for you.
smallcases were built with the aim to take the hassle out of investing. No more timing the market, having to research extensively, or even create your own portfolio from scratch. smallcases do it all for you, in just a matter of minutes. You can find the ideal smallcases for you depending on your risk appetite, minimum investment amount, etc.
What are smallcases?
smallcases are baskets of stocks or ETFs that help you build a long-term, diversified portfolio. They are pre-tailored and regularly managed by SEBI-registered professionals. This helps take the stress out of investing. You can now spend all your free time either making Dalgona coffees or helping your kids with their Math homework (or figuring out how to skip your morning zoom calls).
So far, over 2 Lakh users like you have chosen smallcases, with hundreds more joining the platform everyday. Now, it’s your turn! Start today & experience investing the way it should be – simple, hassle-free, and effortless!