Key points:
- Mutual fund investment is easy and affordable. You can start with a small capital, managed by professionals, and easy access through digibank by DBS App.
- High diversification and liquidity as your funds are spread across various instruments to reduce risk, and can be quickly sold for cash.
- Long-term strategy for profits: Diversify your portfolio, be patient in long-term investments, and reinvest income to maximize returns.
Want to start your investment journey with more confidence?
Do you want to start investing online but still have doubts? Take it easy! Sahabat digibank, you are in the right place. Check out this complete guide to start investing in Mutual Funds and get the money you've been dreaming of. Here, we will discuss what Mutual Funds are, why you should invest, how to get started, and strategies to maintain your Mutual Fund investment for long-term profits.
What is Mutual Fund Investment?
Many people think that saving money in a bank is a long-term investment. In fact, saving money in a bank is just to keep your money safe and easy to withdraw, not to give you big profits. Investment is different! It's for long-term savings with the hope of increasing in value over time. There are risks, but there is also the potential for bigger profits. So, for beginners, what are the best investments to avoid losing money? The answer: Mutual funds!
Why should you invest in mutual funds?
Mutual fund investment is ideal for those who have limited budget. Besides fighting inflation, your money will work hard without you having to work hard. With mutual funds, you can focus on other things while your assets grow. Here's why:
- Managed Professionally
Your funds are taken care of by expert and trusted investment managers. They understand the capital market and know how to optimize investment returns.
- Minimum Capital, Maximum Return
You can start investing in Mutual Funds on digibank by DBS App, starting from just Rp100,000. Even though the starting budget is small, the return can be optimal, often higher than gold or time savings.
- Diversification
Your funds are spread across various instruments such as bonds, money markets, and stocks. So, the risk is smaller.
- Variety of Options Available
There are many types of mutual funds, from low-risk to high-risk. You can choose the one that suits your risk profile and investment goals.
- High Liquidity
Can be quickly sold into cash without a big loss. Perfect if you need money fast.
- Easy Access
You can buy, sell and switch within 1 digibank by DBS App. So, it's easy and affordable.
- Monitoring and Reporting
Your fund manager will always update you on the progress of your investment. So, you can keep track and know where your money is going.
Want to start investing in mutual funds? Here are the steps:
In order for your investment to run smoothly, you should follow these steps to invest in mutual funds correctly:
- Determine Objectives and Risks
Determine your investment goals and how much risk you are willing to take.
- Know the Types of Mutual Funds
Learn about the types of mutual funds such as stocks, bonds, or mixed, and choose accordingly.
- Research Information
Find a mutual fund provider and learn about the investment manager's portfolio.
- Read the Prospectus
Read the prospectus of the mutual fund you are interested in to understand the investment.
- Choose Mutual Fund
Choose one that suits your needs and goals.
- Open an Account
Open an investment account if required and complete the registration process.
- Transfer Funds
Transfer investment funds to the designated account.
- Set the Investment Amount
Adjust the amount of funds you want to invest.
- Choose the type of transaction
Decide whether you want a one-time or periodic purchase.
Long-Term Strategy to Make a profit
This strategy involves placing funds in solid investment instruments such as stocks, mutual funds or bonds, which have the potential for high returns. With discipline, patience, and avoiding reacting to short-term market fluctuations, you can build a solid portfolio and achieve your financial dreams.
- Portfolio Diversification: Spread your investment across different types of mutual funds.
- Maintain Long-Term Investments: Be patient and consistent to overcome market fluctuations.
- Reinvest Income: Reinvest income from dividends or interest.
- Monitor and Evaluate Performance: Always monitor and evaluate the performance of your mutual fund.
- Avoid Overtrading: Don't change your portfolio too often. Patience is key.
Starting Mutual Fund Investment with digibank by DBS
After reading the review on how to start investing in Mutual Funds, now it's time for you to choose the right investment platform. We recommend digibank by DBS which is ready to be your safe and reliable investment partner. You will get access to macroeconomic predictions from world-class experts, more than 120 investment products including Mutual Funds, and assistance from the digibank Advisor Team. All can be accessed digitally 24 hours, so you can invest anytime and anywhere.
So, what are you waiting for? Start online Mutual Fund investment now with digibank by DBS. Get the complete info here!
