An important read for serious Investors :Why You Need an Investment Policy Statement #in

Hi
It’s very important for any investor to make an investment policy statement (IPS) before he starts serious investing. This statement is basically a gist of the all the important things one need to know and take care while investing. It not only covers ones analysis of need, goals etc, but is an important document which tells you what to and what not to expect when you are investing or are already invested.

IPS also encourages you to see all of your family’s investments as a single portfolio and also can rid you of the worry about how to invest that bonus check or ESOP money that just came in. It also aligns what you and you advisor expect from your investment portfolio.

Though you can make the IPS on your own, still I would say use any advisor like us for a detailed planning, aligning, understanding & tracking. It’s like when you are not keeping well, you can choose whether to go for self-medication or to pay small fees and use the services of a doctor.
Anyway the below article on IPS is a very good read don’t miss it.

Why You Need an Investment Policy Statement | MintLife Blog |

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