DO IT YOURSELF

“DO IT YOURSELF”-strategy under personal finance may suite the one who have the few favorable factors like:
1. Time
Time to assess and reassess your personal financial status after every change in your family size, quality and need
2. Discipline
You need to be in discipline on contributing in a regular manner, pick, shift and liquidate financial plans as and when it is to be to get the results of investing, as expected.
3. Confidence
It takes some amount of confidence to make investment decisions. One always needs to share experiences of others, own need and have enough confidence before contributing hard earned income.
4. Risk management skill
Every investor makes investment mistakes along the way. But how you handle them and what you learn from them are much more important.
5. Experience of various odd and even situations
If you don’t have investment experience you would love to follow people who have lived through various markets, economic and personal situations and learned from their strategies they used to get them through tough times.
6. Staying current
Following current events and even having a strong sense of history draw a critical input to make investment decision.
7. Skill to read and compare the current investment thoroughly Even your existing investment need to be compared and balanced to adjust with the changes in taxation and other regulations.
diypic