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by Munmun Sakhi on Mar 16, 2023

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💵 Finance
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What investment strategies do you recommend for individuals seeking long term financial stability? Considering the current economic climate, what factors should one prioritize when diversifying their portfolio to mitigate risks and maximize returns? @Munmun Sakhi

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318d

hina

answered 318 days ago

Investing is one of the best ways to increase your money over the long term and achieve your financial goals, but you shouldn't approach investing with the expectation of getting rich quickly. History shows that the most dependable way to create wealth is to take a long-term approach. Here's a breakdown of core long-term investing strategies you can implement. 1. Growth investing 2. Value investing 3. Dividend investing

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Munmun Sakhi

Financial Independenceanswered 318 days ago

Invest in equity mutual fund for long term

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Seemachaudhary

answered 318 days ago

For long-term financial stability, I recommend a diversified investment portfolio including stocks, bonds, real estate, and possibly alternative investments like commodities or mutual funds. Prioritize factors such as asset allocation, risk tolerance, time horizon, and periodic portfolio rebalancing to mitigate risks and maximize returns in the current economic climate. Regularly review and adjust your investments based on changing market conditions and your financial goals.

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