{"id":8420,"date":"2024-05-27T12:47:40","date_gmt":"2024-05-27T12:47:40","guid":{"rendered":"https:\/\/lxme.in\/?p=8420"},"modified":"2024-07-22T08:34:19","modified_gmt":"2024-07-22T08:34:19","slug":"determine-investment-objectives","status":"publish","type":"post","link":"https:\/\/lxme.in\/v1\/determine-investment-objectives\/","title":{"rendered":"How to Determine Investment Objectives?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_75 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/lxme.in\/v1\/determine-investment-objectives\/#What_are_investment_objectives\" >What are investment objectives?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/lxme.in\/v1\/determine-investment-objectives\/#What_are_some_basic_investment_objectives_for_women_investors\" >What are some basic investment objectives for women investors?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/lxme.in\/v1\/determine-investment-objectives\/#I_want_to_save_taxes\" >I want to save taxes!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/lxme.in\/v1\/determine-investment-objectives\/#I_want_to_have_enough_money_for_myself_and_my_family\" >I want to have enough money for myself and my family!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/lxme.in\/v1\/determine-investment-objectives\/#I_want_to_create_wealth\" >I want to create wealth!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/lxme.in\/v1\/determine-investment-objectives\/#I_want_to_provide_the_best_education_to_my_child\" >I want to provide the best education to my child!<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/lxme.in\/v1\/determine-investment-objectives\/#What_is_the_importance_of_determining_your_investment_objectives\" >What is the importance of determining your investment objectives?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/lxme.in\/v1\/determine-investment-objectives\/#Provides_clarity_of_goals\" >Provides clarity of goals:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/lxme.in\/v1\/determine-investment-objectives\/#Makes_it_easier_to_measure_progress\" >Makes it easier to measure progress:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/lxme.in\/v1\/determine-investment-objectives\/#Enhances_your_motivation_to_invest\" >Enhances your motivation to invest:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/lxme.in\/v1\/determine-investment-objectives\/#How_to_determine_your_investment_objective\" >How to determine your investment objective?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/lxme.in\/v1\/determine-investment-objectives\/#How_to_plan_for_objective_based_investing\" >How to plan for objective based investing?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/lxme.in\/v1\/determine-investment-objectives\/#FAQs\" >FAQ\u2019s<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/lxme.in\/v1\/determine-investment-objectives\/#Why_are_investment_objectives_important\" >Why are investment objectives important?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/lxme.in\/v1\/determine-investment-objectives\/#What_are_the_top_objectives_of_investment\" >What are the top objectives of investment?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n<p>What is the objective of financial investment? Well, every woman has different needs and wants, just like they have different objectives for investment. As you can probably guess, determining your investment objectives is the crucial first step when starting your investment journey. In this blog, we\u2019ll discuss how to determine your investment objectives.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_investment_objectives\"><\/span><strong>What are investment objectives?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Investment objectives, in simple terms, mean defining your financial goals. They vary from woman to woman and they serve as the foundation for any investment decisions made by an individual.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_some_basic_investment_objectives_for_women_investors\"><\/span><strong>What are some basic investment objectives for women investors?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"I_want_to_save_taxes\"><\/span><strong>I want to save taxes!<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The aim here is to reduce the overall tax burden of women by investing in instruments that offer tax deductions or exemptions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"I_want_to_have_enough_money_for_myself_and_my_family\"><\/span><strong>I want to have enough money for myself and my family!<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>This strategy involves building financial security for themselves and their families, helping them build a corpus and enabling women to take charge of their financial futures.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"I_want_to_create_wealth\"><\/span><strong>I want to create wealth!<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Here, women investors aim to invest in securities with high growth potential to gain higher returns over the long term.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"I_want_to_provide_the_best_education_to_my_child\"><\/span><strong>I want to provide the best education to my child!<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Women investors with this objective aim to invest in securities that will beat inflation and will provide good returns over the long term. This helps in ensuring a high-quality education for your child, laying the foundation for their future success and fulfillment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_importance_of_determining_your_investment_objectives\"><\/span><strong>What is the importance of determining your investment objectives?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Provides_clarity_of_goals\"><\/span><strong>Provides clarity of goals<\/strong>:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Defining their investment goals allows a woman investor to get clear on what she wants to achieve, when she wants to achieve it and how much risk she is willing to take.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Makes_it_easier_to_measure_progress\"><\/span><strong>Makes it easier to measure progress<\/strong>:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>When you have clarity on your investment goals, you can measure how well your investments are working for you and how far you are from achieving your goals.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Enhances_your_motivation_to_invest\"><\/span><strong>Enhances your motivation to invest<\/strong>: <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Defining your financial goals gives you the motivation and discipline to keep investing consistently until you reach your set goal. Investing through SIP in mutual funds can make this process easier by investing a fixed amount in periodical intervals.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_determine_your_investment_objective\"><\/span><strong>How to determine your investment objective?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In order to determine her investment objective, a woman needs to set SMART Goals!&nbsp;<\/p>\n\n\n\n<p>These are:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>S<\/strong><strong>pecific &#8211;&nbsp; <\/strong>What do you want to achieve?<\/li>\n\n\n\n<li><strong>M<\/strong><strong>easurable &#8211; <\/strong>How much money do you want to invest?<\/li>\n\n\n\n<li><strong>A<\/strong><strong>chievable &#8211; <\/strong>How much risk are you capable of taking?<\/li>\n\n\n\n<li><strong>R<\/strong><strong>elevant &#8211; <\/strong>Is your goal realistic?<\/li>\n<\/ol>\n\n\n\n<p><strong>Time-Bound &#8211; <\/strong>By when do you want to achieve your goal?<\/p>\n\n\n\n<p>For example &#8211; Sheena\u2019s investment goal is to plan for her retirement. To achieve this, she wants to invest Rs. 15,000 monthly for 30 years. Her risk tolerance is high and this goal is important and relevant for her as she wants to have a comfortable early retirement.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_plan_for_objective_based_investing\"><\/span><strong>How to plan for objective based investing?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Planning for your goals depends on the duration within which you want to achieve your goals. Which is known as objective based investing.<\/p>\n\n\n\n<p><strong>Pro-Tip:<\/strong> Make use of a <a href=\"https:\/\/lxme.onelink.me\/95JV\/goalcalculator5\" target=\"_blank\" rel=\"noreferrer noopener\">Goal Calculator<\/a>! Simply input your goal amount, expected return and time horizon and easily arrive at the required SIP\/Lump sum investment you need to start making to achieve your investment goal.<\/p>\n\n\n\n<p><em>Explore LXME\u2019s Goal Calculator and take the first step towards reaching your goals!<\/em><\/p>\n\n\n\n<p>If you want to achieve your goal within a year, then it\u2019s categorized as an <strong>Ultra-Short Term Goal <\/strong>(<em>Some such goals are emergency fund, birthday, anniversary celebration or paying off small credit card debt) &#8211;<\/em>&nbsp;<\/p>\n\n\n\n<p>Invest in mutual funds which offer a high degree of liquidity and also generate a reasonable return.<\/p>\n\n\n\n<p><em>Check out <\/em><a href=\"https:\/\/lxme.onelink.me\/95JV\/portfoliodetail775\" target=\"_blank\" rel=\"noreferrer noopener\"><em>LXME\u2019s Gulluck <\/em><\/a><em>and <\/em><a href=\"https:\/\/lxme.onelink.me\/95JV\/portfoliodetail35\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Ultra Short Term Plan<\/em><\/a><em> and begin investing for your shorter term goals today!<\/em><\/p>\n\n\n\n<p>If you want to achieve your goal within 1-3 years, then it\u2019s categorized as a <strong>Short Term Goal <\/strong><em>(Some such goals are buying a car, saving for a down payment on a home or luxury shopping)<\/em><\/p>\n\n\n\n<p>nvest in debt mutual funds, gold mutual funds or funds which are a mix of debt and equity to maintain an optimal balance of safety and liquidity.<\/p>\n\n\n\n<p><em>Check out <\/em><a href=\"https:\/\/lxme.onelink.me\/95JV\/portfoliodetail25\" target=\"_blank\" rel=\"noreferrer noopener\"><em>LXME\u2019s Short Term Plan<\/em><\/a><em> and <\/em><a href=\"https:\/\/lxme.onelink.me\/95JV\/portfoliodetail75\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Rs. 100 Debt Fund<\/em><\/a><em>!<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>If you want to achieve your goal in 3+ years, then it\u2019s categorized as a <strong>Long Term Goal <\/strong><em>(Some such goals ar<\/em><em>e planning for retirement, buying a house or planning for an international trip)<\/em><\/li>\n<\/ul>\n\n\n\n<p>When your goal is for the long term, you can invest in equity funds or funds that are a mix of equity and debt as these funds aim to achieve capital appreciation over time. Certain long-term goals like retirement or child education need to be planned for in advance, make use of LXME\u2019s Retirement and Child Education calculators to understand how much you need to invest for these essential goals.&nbsp;<\/p>\n\n\n\n<p><em>Check out <\/em><a href=\"https:\/\/lxme.onelink.me\/95JV\/portfoliodetail16\" target=\"_blank\" rel=\"noopener\"><em>LXME\u2019s Long te<\/em><\/a><em><a href=\"https:\/\/lxme.onelink.me\/95JV\/portfoliodetail16\" target=\"_blank\" rel=\"noreferrer noopener\">r<\/a><\/em><a href=\"https:\/\/lxme.onelink.me\/95JV\/portfoliodetail16\" target=\"_blank\" rel=\"noopener\"><em>m Plan<\/em><\/a><em>, <\/em><a href=\"https:\/\/lxme.onelink.me\/95JV\/portfoliodetail65\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Rs. 100 Equity Fund<\/em><\/a><em> or <\/em><a href=\"https:\/\/lxme.onelink.me\/95JV\/mymoneytab5\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Boost Fund<\/em><\/a><em> to meet all your long-term goals!&nbsp;<\/em><\/p>\n\n\n\n<p>To sum up, defining your investment objectives is a critical step in a woman\u2019s financial journey. It sets the foundation for all coming investment decisions and helps women navigate personal financial planning with confidence. If you want to <a href=\"https:\/\/lxme.in\/learn-finance\/\" target=\"_blank\" rel=\"noreferrer noopener\">learn investing<\/a> then come on the LXME app.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQ\u2019s<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1716812766224\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Why_are_investment_objectives_important\"><\/span><strong>Why are investment objectives important?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Investment objectives are important because they provide clarity of goal, they make it easier to measure progress and instill discipline when it comes to investing regularly.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1716812785883\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"What_are_the_top_objectives_of_investment\"><\/span><strong>What are the top objectives of investment?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The main objectives of <a href=\"https:\/\/lxme.in\/invest\/\" target=\"_blank\" rel=\"noreferrer noopener\">investment for a woman<\/a> investor can be to save tax, to ensure a comfortable life for herself and her family, to create wealth and to invest for her child\u2019s education.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<p><strong><em>Share this blog with your family and friends if you find it insightful!!Download the<\/em><\/strong><a href=\"https:\/\/lxme.onelink.me\/95JV\/mymoneytab5\" target=\"_blank\" rel=\"noreferrer noopener\"><strong><em> LXME app<\/em><\/strong><\/a><a href=\"https:\/\/lxme.onelink.me\/95JV\/lxmeblog\" target=\"_blank\" rel=\"noopener\"><strong><em> <\/em><\/strong><\/a><strong><em>for more such content!<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is the objective of financial investment? Well, every woman has different needs and wants, just like they have different objectives for investment. As you can probably guess, determining your investment objectives is the crucial first step when starting your investment journey. In this blog, we\u2019ll discuss how to determine your investment objectives. What are <a href=\"https:\/\/lxme.in\/v1\/determine-investment-objectives\/\" class=\"more-link\">&#8230;<span class=\"screen-reader-text\">  How to Determine Investment Objectives?<\/span><\/a><\/p>\n","protected":false},"author":12,"featured_media":8422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[649],"tags":[30,591,26,166],"class_list":["post-8420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds","tag-investing","tag-investment-objectives","tag-women","tag-women-and-investing"],"acf":[],"_links":{"self":[{"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/posts\/8420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/comments?post=8420"}],"version-history":[{"count":2,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/posts\/8420\/revisions"}],"predecessor-version":[{"id":8503,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/posts\/8420\/revisions\/8503"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/media\/8422"}],"wp:attachment":[{"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/media?parent=8420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/categories?post=8420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/tags?post=8420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}