For most people, using Fixed Income Mutual Funds is the right way to prepare vacation funds so that they can go wherever they want. Whether holidays to certain islands in Indonesia and holidays overseas by visiting famous destinations.
Indeed, not all your dream destinations can be reached easily, considering that vacations also cost a lot of money, especially if you are traveling with family.
However, you can still make all your dreams come true with the right steps so that all your holiday needs can be fulfilled, from travel costs, hotel accommodation, food costs to souvenirs, without interfering with your other financial needs.
You can prepare vacation plans as well as the necessary funds with conventional savings and investments such as Fixed Income Mutual Funds. However, with Fixed Income Mutual Funds, your savings will be more optimal because of the potential return from your investment. If the investment growth is deemed sufficient, you can use these funds to realize your dream vacation that suit the expectations of you and your family.
There are several steps that you need to plan to realize your dream vacation. Read on below in full to find out what are the right steps so that the holiday you wish for can be realized.
Determine the Destination and Vacation Time
The first step you can do is to determine the vacation destination according to your wishes. Make sure the vacation destination you choose has its own charm and excitement that you want to enjoy. So that the time and money you spend are worth the holiday destination.
You can choose a vacation destination in Indonesia or abroad. If you choose a vacation destination abroad, you can choose the details of the country or destination city as your vacation spot.
In addition, if you choose a holiday destination that is located overseas, you need to prepare more funds than domestic holiday destinations. Especially if you prefer a popular vacation destination like European countries.
In addition to determining your desired vacation destination, you also need to know the best travel agent. Make sure the agent provides vacation packages with destinations according to your wishes. So you can choose affordable vacation packages with various attractive and convenient offers.
However, you can still vacation on your own without involving a particular travel agent. If so, you can avoid peak season to explore independently in order to get relatively lower accommodation and ticket prices.
Make a Detailed Vacation Budget Plan
Then after determining the vacation destination as desired, you can proceed to the next step, which is to make a detailed vacation budget plan. You will easily get a breakdown of the expenses needed to take a vacation.
There are several budget plans for vacations that you can fill after knowing the vacation destinations you want to visit. Starting from the price of air tickets, accommodation costs to the cost of lodging. In fact, you also need to prepare an emergency fund for unexpected expenses.
The budget plan for a vacation can vary from one person to another. This is influenced by lifestyle and also the needs of each person while on vacation.
Make Investment Targets to Make Your Vacation Come True
If you already know the cost for your vacation, it’s time for you to make an investment target to ensure your vacation funds are ready when your schedule or vacation time is in sight.
You can do a vacation investment target by setting aside a few percent of your income each month. So that the funds for the holidays can be raised immediately and can fulfil the costs in your vacation budget.
Investment instruments that you can use to meet your vacation budget are also quite varied. Starting from short-term and long-term investments with varying returns.
Choosing the Right Fixed Income Mutual Funds to Set Up a Vacation Fund
You need to choose the right investment instrument for your holiday destination. Because different needs can have different suitable investment instruments. For your vacation plans that may still be 1-3 years into the future, the available investment instrument that can be suitable is the type of Mutual Funds with a low level of risk such as Fixed Income Mutual Funds.
Fixed Income Mutual Funds itself is a type of Mutual Funds that invests 80% of its managed funds in securities that provide fixed income such as bonds or debt securities. with maturities of more than 1 year.
Fixed Income Mutual Funds are also a popular type of Mutual Funds, especially because they can provide a potential return of around 3-8% annually. Compared to conventional savings that is prone to be used for other needs, putting money into this Mutual Fund instrument is advised.
In addition to the advantages associated with low investment risk, Fixed Income Mutual Funds are also easy-to-manage investment instruments, so you don't need to spend a lot of time doing complicated analysis.
This happens because by investing in Mutual Funds such as Fixed Income Mutual Funds, you do not need to manage your own investment funds because there are already experienced managers, namely the Investment Manager.
Consistently Invest in Mutual Funds to Realize Your Dream Vacation
The last step you need to take to realize your dream vacation is to consistently invest in Fixed Income Mutual Funds. You need to commit the attitude of consistent investment to immediately realize the desired vacation. Because if you don't, you will experience significant difficulties to make your holiday plans come to life.
You can consistently invest in Mutual Funds by setting aside a few percent of your income or salary. In addition, you can also be consistent in investing Fixed Income Mutual Funds by using the returns to buy Mutual Fund products again.
Before starting to invest, you need to know what the advantages of investing in Fixed Income Mutual Funds are to prepare vacation funds. Read through to find out the advantages of this investment instrument.
After knowing the advantages of Fixed Income Mutual Funds to raise vacation funds, you also need to know the benefits offered by DBS Treasures priority banking of PT Bank DBS Indonesia ("DBS Treasures") for Mutual Funds investment.
Easily Expand Investment Analysis Insights
Furthermore, you can also expand your insight to invest in Mutual Funds with DBS Treasures. You can easily do this with the support of a team of experts who are proactive in communicating analysis of opportunities and the latest market movements that match your preferences and profile.
Diversify to Lower Investment Risk
You may also benefit with DBS Treasures because you can easily carry out the diversification process. Diversification is an act of spreading investment funds in various types of assets or investment instruments in order to reduce the level of risk for investors.
Finally, you can do your investment transactions easier by using the digibank by DBS Application. Whether to buy Mutual Funds products, Mutual Funds analysis, as well as selling and switching products.
Not only that, you can also register for Single Investor Identification (SID) issued by the Indonesian Central Securities Depository (KSEI). That’s why the digibank by DBS Application is suitable for experienced and new investors.
So, how easy it is to make your vacation come true? You can confidently to choose the best Fixed Income Mutual Fund products that suit your aspirations with DBS Treasures.
