An investment plan for travel with Angel Broking

posted in: Tips | 59

Everyone has bucket lists for travel. And like most of you, even I have my bucket list that does not ever shrink. If anything, it has been growing longer and longer by the day. With its increasing length, also, grows my need to invest and plan for these bucket lists. Yes, travel does involve money and some destinations far more than the others. That does not mean that I trim my dreams but it just means that I need to plan smart. This is where I take a leaf from the book of my inspiration who I had talked of earlier – who amid other things that he shared, asked me to have my own investment plan for travel.

Planning my Dream destination - Machu Pichu with Angel Broking
Planning my Dream destination – Machu Pichu with Angel Broking                                                Image Credit: Pixabay under CC0

All of us have been putting in our savings for varied needs and with the increasing costs, that somehow does not ever seem enough. Having taken a stock of my own, I realized that the dreams to visit faraway places like Machu Pichu seem to be staying where they were instead of coming closer. This is when someone advised me that I need to work my money harder. Essentially have more of an active investment plan for travel than just plain old savings, deposits and mutual funds. In other words, take an active role in the stock market and get more out of your savings.

An investment plan for Travel
An investment plan for Travel                                                                                                        Image Credit: Pixabay under CC0

This is where I will admit that I am extremely wary of these words – shares, stock markets, trading accounts, demat accounts and so on. Some of my fears come from –

  • Not being able to track or understand the market properly
  • Not being there on time to make that call to sell or buy shares
  • Not having enough data to make those calls
  • Having to deal with multiple parties – the stock market, the broker and the banks

However, recently I came across this new option that I am planning to try out. The Angel Broking ARQ gives me my investment plan on what to invest, where to invest and when to invest based on my current savings and age. The best part of it – it is do-it-yourself with help whenever you need it, making it easier to beat each of my fears that I have listed above. How? Well, let me share what I found interesting about it and how I am hoping to work my investment plan for travel.

About Angel Broking

Angel Broking ARQ

Angel Broking is essentially a wealth management company with over 30 years of operations in India. They have a wide network and offer online stockbroking and investment services that help people realize their investment objectives. No matter how big or small your savings are, you can use their platform to make your money work harder and realize your personal dreams. The interesting thing about this company is that they have an automated investment advisory called ARQ. The Angel Broking ARQ is a a revolutionary automated investment engine that helps you get rid of your misgivings or emotions regarding investment and chalk out the best portfolio mix that sometimes, ends up giving you returns that you otherwise, might have missed out on. Quite interesting, for when I did my try-out with them, I ended up getting a mix that I did not really think of.

Balanced Portfolio for my investment plan for travel

A balanced portfolio with Angel Broking
A balanced investment portfolio with Angel Broking                                                                       Image Credits: Pixabay under CC0

Sometimes owing to an irrational fear you tend to miss out on certain elements of potential investment that you could have used. A lot of times it is also, due to the lack of knowledge on our part. The Angel Broking ARQ helps take care of these issues by giving you a mix that works best for your lifestyle, goals and investment plan. It factors in the future value of money as well as takes in the changes in stocks and mutual funds during your investment period. Furthermore, given it is a portfolio of elements that include the less risky elements like Gold and debt funds, it also, reduces your loss – thus, making your idle money work well.

Expert Opinions

Experts on the job with Angel Broking
Experts on the job with Angel Broking                                                                                        Image Credit: Pixabay under CC0

For a person like me who is not so well-versed in the dynamic markets, there is some amount of hand-holding that is required. This is taken care of by  Angel Broking by way of expert opinions, real-time chat and call facility plus the well-rounded research reports on the market. Definitely a huge plus for the fears that I have.

On-the-Go investment for travel

Investment on-the-go with Angel Broking
Investment on-the-go with Angel Broking

Angel Broking has an app that makes life easy for investors. You do not have to be glued to your laptops or TV for the latest news. Your investment too, can be made on the go. In case, you are dealing with the stock markets, you can get alerts on your portfolio at any point in time. Furthermore, you can even transact immediately to ensure there is no loss of opportunity. For me, that is perfect, given that I am always busy out there somewhere, trying out a new adventure. 🙂

Getting closer to my dreams

Ticking off my bucket list with Angel Broking
Ticking off my bucket list                                                                                                               Image Credits: Pixabay under CC0

The investment plan for travel is not a one-time plan. It is an ongoing one for remember – my bucket list is ever growing. The way I see it, the Angel Broking investment plan would too, continue to be dynamic for what I may earn as my profits can sometimes be reaped for one tick mark on the bucket list while sometimes or partially, be re-invested for the next check mark. Not a bad way, to get closer to my dreams. Don’t you think so? Have you made any such investment plans to travel? Message in and let me know.

 

 

Share the Thrill of Travel

59 Responses

  1. Familyearthtrek

    I guess not everyone who love to travel can have afford to visit evything so I do agree that therefore it is an excellent idea to invest! I hope that your money will grow with Angel broking and continue to explore the world!

  2. Milana's Travels

    Interesting idea! I too have a huge list of places I want to visit but I rely on travel hacking and using points and miles on hotels and airfare. So far so good, I barely paid for flights or hotels this year and have visited 8 different countries!

  3. Chloé Arnold (@ChloeBArnold)

    I used to work for an investment company so it is always intriguing to me to see companies that do investments in the travel industry. I had never heard of a company like this before- really interesting concept. Neat idea for those new to the industry!

    • Ami

      Actually, it is us who are doing the investing for our travel. The company just helps us with what would work for us as a portfolio, Cheers

  4. Yukti

    Investment plan for Travel sounds new for me. As traveling is a costly affair, proper financial planning is required, but if we can invest into such plans and make our money grow is something a boon for travelers like us. I will now start finding out more details through ANGEL broking company and explore world in better way.

    • Ami

      The travel bit is something that I have kept as an objective. It is not as if the plans are tailored for travel. They are tailored to just make your money work harder :-). So,you can invest for anything that would be your objective – retirement, child education etc.

  5. Ryan Biddulph

    It sure helps to invest Ami and having a company handle your dough makes perfect sense. I regularly open new income streams, boost my savings and I have my pension too. I did some stock and forex trading back in the day and may move into that area down the road.

    Ryan

    • Ami

      Glad you agree Ryan. And since you have done this, I think you would know the benefits too. 🙂 You must continue when you can.

  6. Marvi

    This sounds like a pretty smart idea! Traveling does involve money and sometimes, it’s expensive… My husband and I have been steadily investing too.. It’s always great to have a fall back just in case things don’t go the way it’s planned! Great tip indeed and Angel Broking sounds like a good investment partner.. 🙂

    • Ami

      Nice to know that Marvi that you are already up that path. All of us must do this, not just for travel but for any future need.

  7. Mei & Kerstin (@_travelwithmk)

    Good idea! For travelers like us, this kind of investment is certainly much more interesting than saving/investing for retirement. Because if we don’t travel now, then when? 🙂 Thank you for sharing this. I need to check if there’s something like that over here in Europe.

  8. Danijela WorldGlimpses

    Not a bad idea, even though I have to admit that I’ve never heard of such a thing. So true, we need money to travel. This sure seems like one way of helping yourself with all the bucket list plans.
    I don’t often understand the market either, but you’re right, fear is probably the thing that blocks us down the most, fear of the things we don’t know nor understand.
    So nice that they even have the app to go with the plan, I’m sure it makes it even easier.
    Fingers crossed, it will get you to all of your dream destinations! 🙂

  9. Shivani

    Oh this is something I want as just like you my far away dream destinations stay just there and not move even an inch closer. I have recently started looking into dynamic markets and so this is a product which might take me closer to my dream locations. I’ll give this a keen look 🙂

    • Ami

      Glad you have already started investing for this. Fingers crossed that you tick some of those off your travel list soon

  10. C-Ludik

    Thank you for sharing your little secrets 😉 This is the first time I’m hearing about Angel Broking. You’re perfectly right on the travel cost… I’ve got some travel destinations on my bucket list which are so expensive that I just gave up. Thanks for sharing your experience on Angel Broking… I will have a deeply look at this company.

  11. Linh

    Angel Broking sounds amazing indeed! I’d better check out the app first. Thanks for this informative post!

  12. Nathalie Salcedo

    This seems like a very smart thing to do! I agree that our list of bucket list and travel destinations never ends. And traveling was indeed expensive at some point.
    First time I have heard about this Angel Broking seems like a nice partner as well 🙂

    • Ami

      It is pretty popular in India as a broking house but a lot of us have been shying away from active investment. Glad I found the courage through these guys

  13. Anuradha Goyal

    Although I can not agree more on investing well to generate passive income that you can use for anything including fulfilling your travel dreams. I do not agree that you should outsource it to anyone – it is something that you need to understand and invest yourself. My portfolio would have been a quarter of what it is if I listened to professional investors. They mostly work on their commissions and on tips they get on what to promote.

    • Ami

      Thanks Anuradha for your comment. Most of these companies give you an advice. Whether you go for it or not, is purely your prerogative. It never hurts to get another perspective, especially from guys who are full time into the markets. 🙂 Cheers

  14. TravellingDany

    Saving money wisely to be able to travel more sounds like a plan to us! Also, just like you… we see Machu Pichu waving at us from afar 🙁

  15. asoulwindow

    Very well said. When I was younger, I spent all my money, every single penny on travel. But now I am wiser. I understand the need to invest my money intelligently so that it grows and I travel more.

  16. Take Me to the World

    I’ll admit I’m not at all familiar with investing and broking companies, but this sounds really interesting. It’s great that they’ve got a team to help you figure out what are the best investments to make, and to consider ones you wouldn’t have thought of before. Hope your investments keep growing so you can keep traveling.

  17. Joanna Davis

    I have never tried investing and, the same as you, I am scared that I will loose all my money because I don’t know how the market works. I would love to have another income source as there are so many far away (and very expensive) destinations that I would love to go to, such as Antarctica.

    • Ami

      Always nice to know that there is a balanced portfolio working for us. That is what I aim to get out of this one.

  18. Sam Sparrow

    Angel broking sounds really interesting, although a bit over my head financially! That said I’d never really thought about investing instead of just saving for long term travel, I think it is a great idea and one to help with my long bucket list!

    • Ami

      You bet it will help you get closer to your dreams. It was crazy confusing to me also but am slowly getting it.

  19. Jolina S.

    I do save a lot of money for travel so that works for me. Honestly, I do get nervous about investing sometimes since it’s somewhat of a gamble. Angel Broking investment plan sounds like an interesting option though. I do like how you laid out the benefits of this plan…and how it makes your money work for you so that it grows even more and you get to travel more.

    • Ami

      I know that feeling of nervousness when it comes to money and investing. I am getting used to it now. And am sure you will too. Cheers

  20. Sandy N Vyjay

    Finance and the markets have become more and more complex with time.With increasing complexities investing for individuals like us has become more difficult as we need to do a lot of research and continuously monitor the markets. This is where companies like Angel Broking step in and make things easier with their professional handling of wealth and portfolios.

  21. wanderlustayne

    Very interesting and helpful read thanks for sharing!

    Have you thought about investing into crypto currencies as another option? This has played quit a massive part into our travels.

    Maybe you should check it out too

  22. bruceschinkel19

    Yes, investing is definitely a great way to improve your travel nest-egg! I have a few different travel accounts that I use so i really enjoyed learning about Angel Broking. Really nice to see they have an easy to use app and are available by phone whenever you need them

Would love to know what you think