Mission 1 crore

Achieving one crore mark is the dream of many. Perhaps, everyone who is into investment and stock markets atleast, dreams of this magical figure. But is it that easy to achieve it is the point? After all, it is not impossible. Disciplined investing combined with good decision making while choosing your funds or stocks is the key to achieve this magic number.

People start investing in markets with great enthusiasm, may be, keeping in mind the stunning returns offered by Mutual funds. They get demotivated once the market falls and stop investing further. They get panic when markets fall and get over enthusiastic when the stock market reaches new highs. In fact the most important thing you should keep in mind is, your investment should go into the stock market when there is a fall and not when the market reaches its high.

It is possible to achieve one crore if you stick to disciplined and periodical investments. You should probably look at opting for Systematic investment plans, which in fact, averages out the risk associated with the investments. Also, the most important thing here to be noticed, is the investor invests in the market in a disciplined way, irrespective of whether the market is high or low. All this only, if it is combined with a good choice of mutual funds or stocks. Over long term, it definitely pays off. Keep in mind the following while investing to achieve your targeted amounts:

1. Do not start investing keeping in mind the huge returns.
2. Invest in a disciplined fashion and stick to timelines.
3. Make a good choice of funds to invest in, otherwise, it may not be fruitful.
4. Always choose to invest in consistent performers
5. Keep yourself away from New fund offers.
6. Do not get emotionally disturbed when market falls.
7. If you are investing in mutual funds, do not check your fund NAV's on a daily basis. Review your portfolio once in a six months.