What care should you take while investing?

• Evaluate your risk profile- Evaluate your risk profile because it will help you in selecting the right investment product.
• Pay off debts and maintain an emergency fund- Pay off your debts first and have an emergency fund to deal with any critical situation.
• Having a portfolio mix of investments- Have a portfolio with the right mix of investments to have better-risk-adjusted returns.
• Investing regularly- You should invest regularly with the same amount to take advantage of the power of compounding.
• Adequate insurance coverage- One should be adequately covered with insurance before investing.