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Tehreem Aamir

Factors to be Considered in Investment Decision

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Nowadays many of us have savings in our banks or home and we’re thinking of investing in shares, fixed deposit, property or gold. It may seem an easy process but while you think of investing, let me tell you some steps to keep in mind and follow.

These steps will help you understand where and when to invest your assets. The investment process involves careful planning and study. These 5 steps written below will help you in planning your investment.

5 before Investment Considerations

Is this perfect time to invest?

The first and foremost step to follow while planning an investment is to think that are you ready to invest? Is this perfect time for making investment? These questions will be answered by paying off debts if there are any and spending less money than you make so you can invest the savings or avail these uncommon funding sources.

If right now you are not ready to invest then set a goal and manage your expenses and spending, using this guide you can make a plan to spend less, make a goal and try to reach that goal at the right time.

In the meantime, you can read articles and books which will be helpful to you in planning an investment and you will also get great ideas from such sources. Let say, you can take advantage of trading online or keep some silver to sell at a high price.

How much can you invest?

The second step to follow which is the most important part of planning an investment is to determine how much can you invest. While planning this you must keep in mind that investment is a long process so you have to plan not only about the initial month but also to think carefully how much can you afford to invest every month or year because investment needs continuity. Keep in mind to make a separate emergency fund that you can use in case of any emergency need.

Take an Expert Advice

One of the important steps is to talk to an expert or professional about your investment planning. This is also a very basic step which will give you guidance about investing tools, programs, products, etc.

It is very much possible that your bank has a financial planner which can help you in this cause and if you are not comfortable with professionals then you can also talk to your friends, who have invested successfully before. This advice will help you make an effective plan for investing.

Also, there are many investment firms from where you can get help and advice, they will help you understand what you need, how are you going to invest, what will be the cost according to your goals, help you understand the market and how will you grow in the market. 

Do not fear the risk

While planning of investing there is always a factor of risk, where several questions arose in your mind and you get confused about whether to invest or not.

For this I suggest you take out time and learn about the market, different types of investing programs, risks you may face, difficulties which may take place, the difference between mutual funds and money market accounts, this knowledge will help you make decisions.

Also, try to invest in an early age so in case you face any loss, you can make it up and your failure or loss will be a kind of learning for you. So do not fear taking risks and invest so when you reach your old age, you can sit and relax and benefit from your investments.

Beware of Frauds

When you will be planning to invest, you will get referrals from many known and unknown people but always remember that not everyone is your friend nor everyone wants you to help you.

There are many fraud agents who will just take away all your money and will disappear. Beware of them and always make sure to invest your money in legit agencies and marketplaces. Take other people’s reviews and invest your time in survey.

Why you should Study Public Administration as a Career

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As the world politics, international relations, bureaucracies, and private businesses are becoming complex, Public administration has been introduced just recently as a major and important subject. Public administration practically is in practice since the start of the world but theoretically, it has been implemented very lately.

While talking about Public administration as a subject, a graduate of public administration is taught and trained to make complex decisions, to take important steps, organizing, analyzing, conceptualizing and understanding the situations in both the public and private sectors.

This subject is mainly focusing on working in the public and government sector but its graduate is fully trained to work in the private sector too.

12 Best Career Options for Public Administration Graduates

A bureaucrat or civil servant

This subject is mainly made for focusing on bureaucracy and civil services of the country where this subject is taught, so after graduating you can apply in civil services and be a bureaucrat.

Federal state

You can work in the federal government of your country as an administrator or you can work in other governmental organizations too.

Leadership and management

This subject will also focus on bringing out the leader within you, you will be trained to be a good and effective leader and how to manage different situations. So you can get a job in private institution as a manager or leader.

Public administration consultant

Every private organization needs someone who can handle all their problems related to public, you can work for them. You can make effective policies for them to plan, organize and setup meeting and schedules in a way that is beneficial for them.

City manager

Public administrators also work for governments as city manager where they focus on working and betterment of city or town. This can be a long term permanent job or a short term job. Many of the public administrators are hired by the government officials for this work.

Program Analyst

You can work for government as an analyst in any major or minor program where they need someone to analyze, plan and organize things for the particular program to make it more effective and successful.

Non-profit Organization

Non-profit organization can be run successfully under a public administrator because they are trained to deal with public in an effective manner.

Tax Officer

One of the major jobs a public administrator could have is being a tax officer. This job is done in the government sector where you’ll have to look that is the government getting all taxes from private businesses, organizations and citizens of that state. They are also responsible to assess penalties against people and organization which are not giving taxes.

Budget analyst

Public administrators are responsible to make plans by which they can distribute the funds and resources among all the states, provinces and public organizations of that country. They also have to see where should the funds used the most and find the effective ways to use it.

Mayor

If a public administrator becomes an expert in the things mentioned above or have the qualities mentioned above, he may elect for being a mayor of a city. This position will take time to come but what it only needs is leadership qualities and problem handling expertise.

Aid provider

Sometimes you be asked to go to a war or natural disaster effected zone area in your or in a foreign country to assess the situation, to provide people with aid and basic necessity. You may work for United Nations for this cause or you may be appointed from your country’s foreign embassy.

Trainer

You can also opt for training and teaching where you have to train people about handling situations, analyzing results, coping with difficult situations in bureaucracy and international relations, being a leader, managing things and how to handle public affairs as a government official.