FIRST STEPS OF INVESTMENT

Investing money can sound complicated, however there are multiple simple ways to invest wisely. Here are a few of the ways you can start your investment.

  1.  Smart investment: Make specific plans for the amount of investment, be patient to achieve your goals and snatch a gold opportunity when it comes.

“Do not put all eggs in one basket”: As the quote by Warren Buffet suggests – a business man who has enriched experience, diversify investment is better than put all your resources into only one thing.

  1. Understanding Investment: If you cannot easily explain what you're investing in, chances are it's not a good fit for you. The investment will be more effective once you prepare yourself enough specialist knowledge of the field that you are intending to invest in.
  2. Start investing as soon as possible: As soon as you begin earning money, you may want to consider investing. One way to make investing easy and painless is to have it automated. Try to have a certain amount transferred from your paycheck into a savings or investment account each month.

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  1. 15%: A good rule of thumb when trying to figure out how much to invest is to invest 15% of your income, if you are able.
  2. Discuss with a professional: A good financial advisor will help you understand investment options and answer any questions you may have. Don’t hesitate to contact IVB for free financial consultation!

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