6 Tips For Financial Planning At Age of 30
Turning 30 years just presses the panic button, as you know that 20’s are over. You are still earning and are married and some of you are blessed with kids also. This just underlines the need for financial planning which will carve your future finances. Here is how you will deal with financial planning which will place you in the most convenient position. Early Financial planning You...
8 Real Facts Why People Love To Invest In SIP
Over the years, we have been hearing about the stories of people turning out to be the billionaires overnight, but is it really so? Who doesn’t want to be? Even I want to be one. Well! But the fact is that tycoons like Warren Buffett, have actually built their own empires with investments on buying right and sitting tight. Having said that; let me ask you, what are your financial...
8 Common Investment Mistakes You Must Avoid
Strategies of wealth management are some basic fundamentals that everyone should be aware of. The power of intelligent investment in the creation and multiplication of wealth is indisputable. However, many of us are not aware of some basic flaws that every investor might fall prey to. We often treat terms associated with investment strategies as financial jargons meant only for the erudite....
Sovereign Gold Bonds – Should you invest?
Sovereign gold bonds are government securities with prices linked to the value of the underlying asset i.e. gold. They are issued by the Reserve Bank of India on behalf of the government. In the current financial year 2020-21, RBI had introduced six tranches of the government’s sovereign Gold bond. The first issue happened in the month of April. Now the time has come for second tranche....
Saving Or Investing? Are These Two Different?
I still remember my childhood days, when my mother would give me pocket money only if I did the house chores. She would tell me that half of it, I could spend, while the other half, was put into my piggy bank or should I say ‘KHAZANA’. Well, of course, now we have banks for that. Yes, those were the good old days. I think everyone knows how important it is to save and invest, given the...
10 Personal Finance Tips for New Professionals
Earning income is not enough, investing and rerouting such money is most important. New professionals are mostly in the range of 20s. This is just the beginning of personal finance and if better financial planning is carried out at this phase, it would yield amazing results. This article will show how the young professionals who have just started their careers, should handle their personal...
Look out for the new multicap fund in the market
Essel Mutual Fund belongs to one of the most known private sector firms called Essel Finance. They have entered the Indian trade of mutual funds very recently. They have announced an expected Assets Under Management (AUM) of Rs. 8,000 – Rs. 9,000 Crore by March, 2019. Even though their current AUM has been noted to be around Rs. 1,700 Crore, they firmly believe that dealing through liquid...
Top 5 Balanced Funds to Invest in India -2018
Mutual funds are a good source of investment. You get a choice of investment funds to invest in, the portfolio is diversified and managed by expert managers, you can invest small amounts regularly and you also get great returns. That is why investors, both risk takers and risk-averse, choose different types of mutual fund schemes for investing their savings. While equity mutual...
Financial Planning For New Financial Year 2018-19
Most of you must still be reeling from the last-minute financial decisions you took a week back as the financial year came to a close. The new financial year is upon us and while last few days of the last financial year saw a sluggish market (thanks to a list of holidays), the new financial year has brought the focus back on finance and financial planning. So, if you are still procrastinating,...