Know The Products Before Investing.

Why investors should understand the products before investing?

“Simply to protect their hard earned money”.
After earlier world economy slowdown (in which mostly Indian Software Industry was effected) in year 2002, the Indian Economy has been growing with a significant growth rate.

The saving and awareness about investing those saving to maximize return were increased significantly since then. In year 2003 onward the Mutual Funds, Insurance companies were started aggressively selling their products. The excess savings, to save taxes, awareness and need/ desire to improve their financial health were forced the common man to invest in these products even without knowledge. Now almost every common investor feels cheated.

So, at first understand the product before investing. At least ask the risk involve in the product.