Creating and following a well-thought out investment strategy that aligns with your financial goals, risk tolerance, and time horizon can help you stay on track during volatile markets. Avoid letting emotion guide your investing decisions, as this can lead to a host of bad habits like buying during market highs and selling during market lows, both of which can reduce your returns.

Diversification: You’ve probably heard this phrase a million times before, but it’s an important element of an effective investment strategy. By spreading your investments across different asset classes, you’ll help limit the impact of a big loss in one area.

Investment Strategies: Proven Methods for Long-Term Success

Investors Centre: Growth investing seeks to build capital by purchasing shares of companies that are growing and trading below their intrinsic value. The theory here is that as the company grows, the stock’s value will go up and this can generate strong long-term returns.

Balanced Portfolios: This approach seeks to diversify your portfolio by including both growth and value stocks. The idea here is that your portfolio will perform well in both good and bad markets, providing a smooth ride regardless of the direction of the market.

Tax Efficiency: By carefully considering the ramifications of your investments, you can take advantage of opportunities to lower your tax liabilities through strategies like tax-efficient investing and tax-loss harvesting. It’s also essential to consider your insurance requirements as you develop your investment strategy, so you can include a combination of conservative options (like bank FDs and PPFs) and higher-return options such as stocks, real estate, gold, and ULIPs.