For Beginners to Start Investing

Investing is one of the options for building wealth in life, whether to achieve goals, dreams, or to accumulate savings for later life. However, because investing comes with risks, especially for beginners, today Muang Thai Life Assurance provides good information for newcomers who want to dive into the world of investing.

Explore Your Goals

Hold on, don’t rush if you’re not sure why you want to invest. Goals are crucial in guiding your investment journey, determining what you want to achieve with the extra money. For example, you might want to build wealth, buy a house, purchase a car, save a lump sum for your children and family, save for retirement, or use it as a way to accumulate funds for future dreams. Therefore, stay mindful and avoid over-investing beyond your means, as investing carries risks.

🔖 matichon (data as of 03/04/2020)

Prepare to Handle Risks

As we all know, investing comes with risks, which can be categorized into three levels:

• Low Risk: Suitable for those who can tolerate little volatility, focusing on capital preservation.
• Medium Risk: Suitable for those who can tolerate a moderate level of volatility, aiming for higher returns.
• High Risk: Suitable for those who are not concerned about volatility, aiming for the highest returns.

Another interesting strategy used by many investors, both new and experienced, is diversifying investments with different risk levels. For example, investing in low-risk funds alongside high-risk stocks to increase the chances of good returns instead of investing in only one type of asset. However, always remember that investing carries risks, whether low or high risks.

🔖 matichon (data as of 03/04/2020)

Assess your readiness

1. Financial Readiness: Investing requires money, whether a little or a lot, depending on your goals. It’s crucial that investing does not impact your daily expenses to the point of having no savings or going into the red—that would certainly not be good.

2. Knowledge and Information Readiness: Knowledge about investing is also essential. There are various investment options beyond just bank deposits, such as stocks, mutual funds, bonds, gold, and even crypto currencies, which have become fairly attractive in today's world.

3. Psychological Readiness: This aspect should not be overlooked. Investment trends change constantly, so your mindset and emotions can determine your success in investing. For example, factors like greed and fear of loss can play significant roles.

🔖 brandbuffet (data as of 07/03/2022)

🔖 finnomena (data as of 08/10/2020)

Even though the return on investment may seem sweet, it may also hide nightmares for us to experience. If the investment plan is not good, if you don’t have sufficient knowledge or if unexpected events occur, damage can occur at any time.

Nowadays, financial products have developed a lot. From only 1 investment, you can gain 3 things from unit-linked life insurance, which is an option that should not be overlooked in an era where risks are all around. From only one investment, you will receive life coverage, health insurance and the opportunity to receive long-term returns. If you want to invest and have peace of mind at the same time, we recommend uDesign, a unit-linked life insurance from Muang Thai Life Assurance. As you age, you don't have to worry about insurance premiums because the total premium is fixed throughout the contract (1). The policy is flexible, which can be adjusted as needed, providing better coverage for better life.

• Fixed level premium throughout the contract period even with health rider attachment (1)
• Pay the same premium for more life coverage(2)
• Coverage for COVID-19, emerging diseases, critical illnesses and general diseases and long-lasting health care up to the age of 99 (3)
• Flexible policy, allowing you to top up, withdraw, and exercise premium holiday during the contract period
• The opportunity to receive a better return on investment from a wide range of quality mutual funds
  

More information.
☑️Call Tel. 1766, available 24/7.
☑️Contact life insurance agent or Kasikornbank and Land and Houses Bank branches.

Remarks:
(1) Cost of insurance of the rider is deducted from account value.
(2) Greater coverage is subjected to age, gender, health, and investment return when compared between Muang Thai Unit-Linked 1 (Regular Premium) and Muang Thai Smart Protection 99/20.
(3) When Elite Health Plus Rider or D Health Rider is attached, the coverage will be provided as long as the account value is sufficient to pay the policy expenses.

• Coverage period is subject to premium payment period, investment yield, and partial withdrawal.
• Premium (excluding investment portion) of this insurance plan is eligible for personal income tax deduction according to the Notification of the Director-General of the Revenue Department on Income Tax No. 172 and 383.
• Volatile investment market, premium holiday, and partial investment withdrawal might lower entitled benefits and coverage.
• Coverage conditions are as specified in the insurance policy.
• Underwriting is subject to the Company’s rules.
• uDesign Campaigm is the marketing name of Muang Thai Unit-Linked Campaign.
• Conditions are subject to Guidelines for clinical practice, diagnosis, treatment and prevention of healthcare-associated infection in response to patients with COVID-19 infection according to the Notification dated 2 November 2021, and guidelines for healthcare workers to provide suggestions and services for COVID-19 patients under home isolation (revised version) dated 4 January 2022, or the latest Notification.
• Conditions are in accordance with medical necessity and medical standard.
• Please study details of coverage, conditions, and risks before making a decision to purchase insurance.