HomeBlogInvestorInvestment Made Easy6 Tips for investment resolutions for a better new year

6 Tips for investment resolutions for a better new year

2017 is fast approaching if you are ready to make personal resolutions for the New Year, how about making some financial ones as well!

1. Pay yourself first

When you receive your monthly salary, you think of paying your bills and the rent, buying your groceries, and so on. But, before you pay for any of those expenses, set aside a portion of your income to save. It means investing in your future first and then paying others.

2. Repay your debts

This New Year, cleanse yourself of all outstanding debts. Prioritize your debts in order of highest to lowest interest rates when making payments.

3. Invest throughout the year

People usually invest only during the end of the financial year or when their payroll department indicates the last date for reporting their tax-saving investments. But, it is more beneficial if you invest earlier in the year. For example, if you invest in PPF in January of a financial year, with the current rate of 8%, you will earn interest on your investment for only 3 months (Jan-Mar), but if you invest the same amount in July of the FY, you can earn interest for nine months. Hence, do not wait until the last moment; make investing a habit throughout the year.

4. Keep a long term horizon

Long-term investment in equity investing mitigates volatility and gives you the benefits of the law of averaging. Also, you can benefit from the power of compounding. That is if you invest Rs. 10000 for only a year, assuming the interest rate is 7.25%, you will earn an interest of Rs. 7250. However, if you invest the same amount for 3 years, you will earn Rs. 123365 (7250 + 7775.6 + 8339.4). Compound interest has the amazing power to make your money grow many folds in a safe manner.

5. Diversify your portfolio

A plethora of options are available when it comes to investing. There are shares, exchange-traded funds, mutual funds, bonds, real estate and so on. A wise man once said “do not put all your eggs in one basket” and the same holds true for investments also, hence the importance of diversification.

6. Try new investment options

If you are looking for new investment avenues with lower risks and higher returns, explore peer-to-peer lending. As a lender, you can enjoy higher returns than you would do on a bank FD. There are several peer-to-peer lending sites such as LenDenClub.

Hope with our smart tips, you are all set to invest smartly in the New Year! Happy Investing!

LenDenClub is India’s largest alternate investment platform which started operations in India in 2015. We have been helping investors diversify their investments beyond traditional investment instruments ever since.



The Reserve Bank of India does not accept any responsibility for the correctness of any of the statements or representations made or opinions expressed by Innofin Solutions Private Limited, and does not provide any assurance for repayment of the loans lent through its platform.

LenDenClub is an Intermediary under the provisions of the Information Technology Act, 2000 and virtually connects lenders and borrowers through its electronic platform via the website and/or mobile app.

The lending transaction is purely between lenders and borrowers at their own discretion, and LenDenClub does not assure loan fulfilment and/or investment returns. Also, the information provided on the platform is verified or checked on the best efforts basis without guaranteeing any accuracy of the data/information verification. Any investment decision taken by a lender on the basis of this information is at the discretion of the lender, and LenDenClub does not guarantee that the loan amount will be recovered from the borrower, fully or partially. The risk is entirely on the lender. LenDenClub will not be responsible for the full or partial loss of the principal and/or interest of lenders’ investment amounts.


*P2P investment is subject to risks. And investment decisions taken by a lender on the basis of this information are at the discretion of the lender, and LenDenClub does not guarantee that the loan amount will be recovered from the borrower.

** Average value mentioned is the weighted average of returns received by investors

© 2023 LenDenClub by Innofin Solutions Private Limited | CIN: U74999MH2015PTC266499


Watch our latest commercial with Hardik Pandya.