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[…]
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[…]
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[…]
Retirement is ignored phase in everyone’s life. A salaried or businessman has to retire at certain age, be it early retirement or extended retirement. Anyone who is working will retire definitely or otherwise re- tire. Government has also fixed retirement age of their employees at 58. It’s the time when efficiency of person reduces due[…]
