Selecting the right Portfolio Manager
What is Investment ?
It is essential for every individual to keep aside some amount of his income for a secure future. The art of assigning some amount of money into something, which would benefit the individual concerned in the near future, is called as investment.
Why Investment ?
Where to Invest ?
An individual can invest in any of the following:
Shares and Stocks
Property (Residential as well as commercial)
How to Invest ?
An individual should not invest just for the sake of investing. One should understand as to why he needs to invest? Dont just invest in any plan available in the market. Decide the best plan for yourself as per your income, age and financial requirements. One must go through the terms and conditions before investing in any market plan.
Who decides where to invest ?
How would one come to know where to invest and where not to invest ?
How would an individual decide which organizations share would yield him the best results in the near future and which should be sold off immediately ?
Here comes the role of a Portfolio Manager.
Who is a Portfolio Manager ?
An individual who understands the clients financial needs and designs tailor made investment solutions with minimum risks involved and maximum profits is called a portfolio manager.
A portfolio manager invests money on behalf of the client in various investment tools such as mutual funds, bonds, shares and so on to ensure maximum profitability.
It is the responsibility of the portfolio manager to choose the best plan for his client as per his financial requirements, income and ability to undertake risks.
How to choose the right portfolio manager ?
Portfolio managers charge a good amount of money form their clients for their services. One must be careful while selecting the right portfolio manager.
Authorship/Referencing - About the Author(s)
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