NBK Tools

NBK Tools

Al Jawhara Calculator

The minimum deposit is KD 50 and maximum deposit is KD 500,000.
In case of no withdrawal within the holding period, extra chances will apply

NBK Miles Points Calculator

Prayer Timings

  • Imsak

  • Fajr

  • Duhr

  • Asr

  • Maghrib

  • Isha

Loan Calculator

Loan Refinancing Calculator

NBK Rewards Points Calculator

Term Deposit Calculator

Currency Convertor

Notifications

  • Important Notice on Online Transactions

    Dear Customers, For your protection, please note that you can now complete only 5 local online purchase transactions per day and the 6th transaction will be declined. Consequently, you need to wait till the next day to use your NBK Debit Card online for transactions. Read More

  • Important PIN Notice

    Dear Customers, For your protection, please note that you have three chances only to enter your PIN on ATMs, Point of Sale, Phone Banking and Online Purchases correctly, after which you have to contact NBK Call Center at 1801801 to unlock your card. Contact Us

  • Important Notice

    NBK will never ask you for your account number, card number, CVV, OTP/PIN numbers over the phone, Viber, WhatsApp or any other means. Please do not disclose your personal information to anyone. Learn more

Knowledge Article Detail

How to Build Your Portfolio One Small Investment at a Time

24.12.2018

Young and first-time investors seem to know that having a strong portfolio is good, but few have any idea of how to go about it. So let’s take a look at how a good, diversified and robust portfolio can be built by choosing the right asset allocation and taking the right decisions – just one step at a time. 

For far too long, investing has had a reputation of being something very complicated and only feasible by a small portion of society. Today, that is very far from reality. With the advancement of technology and the vast amounts of information available on social media and online, there has never been an easier time to start investing than right now. 

So here are a few points to remember.
 
Clean the Tank Before You Add Anything to It
Although investing has become easier than ever, that doesn’t mean you should blindly get into it. Like everything else, a certain amount of caution is advised. 

Before you start investing, it’s very important to ensure all your debts are fully paid off and that you have a positive cash flow. Not doing this can get you in an uncomfortable financial situation that you could have easily avoided.
 
Remember: Your Investments Follow Your Savings
Once you have your debts and loans paid off, your main focus should be to put aside money especially for investment purposes. The goal here is to save an amount of money that you are comfortable investing – apart from your regular savings. 

This means you are comfortable with the potential gains and losses you can make with the amount you have saved up for this one purpose. Also, always ensure you save an amount slightly higher than what you plan to invest. This way, you can withstand the odd bad investment, in case you ever make one. 
 
Invest in What You Understand
Often, people tend to fall for quick money-making schemes and investments that promise fast – and unrealistic – returns. This is one of the downsides of the ease of access given by social media and the internet: there is also a lot of negative or false information out there. Rule of thumb: if it looks too good to be true, it probably is.
 
Instead, silence the noise and focus on what you understand. Rather than chasing quick returns, invest in companies you understand and whose products you are familiar with. As Warren Buffett said: “Never invest in a business you cannot understand.” When buying stocks, limit yourself to companies or businesses you comprehend. Diversifying your portfolio is recommended, but don’t spread yourself too thin either. Four or five stocks in different industries is more than enough. When in doubt, always consult an expert.

If you are not comfortable with stocks as investment vehicles, there are many other options you can consider. Click here to know more. 

So, you see, investing is not as difficult as it’s portrayed to be. With simple steps and the right knowledge, you can start today and get right onto building a robust portfolio in no time.