Don’t follow Returns…. An investor always tries to follow returns in bullish market. They are least concerned about bearish phase and other parameters to judge the fund. Return is one of the criteria for the selection of a fund; investor should consider other ways also. In bullish market, people invest in equity funds because either[…]
All investments feature some nature of risk. However, we consider an investment as risky only if there is a possibility of losing the capital invested. But this absolute definition of an investment’s risk may be misleading, and even harmful, when used in making decisions about how to invest. You may be ignoring a wide gamut[…]
We all have dreams and aspirations for the future, but some of us can envisage a bigger future than others. Even if you have achieved a ripe old age, you’ll probably have aspirations for your grandchildren or other young people or other important causes. Many people go about planning and managing their wealth in a[…]
Many people want to plan for their retirement, but they either don’t know how to get started or they are starting to plan and are afraid they will make a mistake. This is why retaining a retirement planner is important, because he or she will help steer clients through the maze and help them realise[…]
SIP is best investment tool for long term planning…. SIP (Systematic Investment Plan), is a method of investing a fixed sum, regularly in a mutual fund scheme. It is like a Recurring deposit (RD) used in Banks and post office with some better features. It’s an ideal way for the first time investors to enter[…]
Dreaming of winning a lottery for your future needs is like a castle in the sky…. The best way to ensure future financial stability is to start as soon as possible. If you really want your money to grow, you need to think seriously about where you put it. Time has changed now and so[…]
Saving vs. investing Compare some of the differences between saving and investing. Savings vs. investing Saving Investing Short-term: Ready to go Saving is typically for smaller, shorter-term goals in the near future (usually three years or less) like going on vacation or having money for an emergency. Long-term: Achieve major goals Investing can help[…]
Millennials are not thinking about their retirement. They are not even preparing to plan their retirement due to lack of awareness and will be unable to retire comfortably. Their retirement is big concern according to Survey due to increase medical expenses, higher education cost, no joint family system, higher living standard. Even they don’t have[…]
NEW PENSION SCHEME: NPS is a scheme regulated by PFRDA (Pension Funds Regulatory Development Authority) created by an act of Parliament. Besides NPS, there are some Pension plans offered by Mutual Funds which are not under jurisdiction of PFRDA. It is transparent – NPS is transparent and cost effective system wherein the pension contributions are invested[…]
How to get out of Credit Card Trap… Manish, MBA pass out got a new job in a private company at Delhi. After joining, first thing he did i.e. apply for a credit card. He was very happy to share with his friends that he got a new credit card. He started doing purchases[…]
