How to Invest at Any Age? For most people, learning how to invest is an important part of their retirement planning process. After all, how you spend your post-work years depends on how much money you have saved and invested in the decades leading up to your retirement. When you’re in your 30s and 40s, …
What’s A Personal Loan? Any time an individual takes out a loan to meet a specific personal financial need, such as funding an investment in a business, the loan is considered a personal loan (sometimes called a consumer loan). Personal loans may be used for a variety of purposes, with payback terms ranging from short-term …
Five (5) Types Of Personal Loans And Their Feature You Must Know! Read More »
What is Debt? Personal debt is a debt for which you, as an individual, are legally accountable. In this context, “personal” simply means “non-business,” as when you and your spouse take out a loan to buy a house, car, educational loan, etc. Individual debt can also be either secured or unsecured. When you put up …
Trading as A Source of Income: It is possible to “day trade,” or purchase and sell many securities during a single trading day or even within a single trading minute, hour, day, week, month, and a swing of sessions. Nothing about investing in the conventional sense is involved. Because, trading makes use of the normal, …
Introducing Minimalism in Investing: Contrary to what television commentators, your neighborhood life insurance salesperson, or advertisements from financial counseling firms would have you believe, you do not require a wide selection of financial products. Simply said, there are too many stocks, bonds, exchange-traded funds, mutual funds, and Robo-advisors to pick from. And even after you’ve …
Timing the Market: Determine first and foremost if market timing is a priority for the investor. If it is, then that determines what type of investor, trader, or speculator you become. It’s not simple to predict market movements. Successful short-term trading strategies have been used by professional day traders, portfolio managers, and full-time investors who …
What is a Mutual Fund? Mutual funds are a type of investment vehicle that uses the combined capital of many investors to purchase stocks, bonds, money market instruments, and other securities. Professional money managers deploy the mutual fund’s assets in an effort to increase the fund’s value and distribute any profits to the fund’s shareholders. …
Everything you need to know about Mutual Fund Investing: Read More »
Introduction to Education Inflation! To most Indians, education is the second-highest expense, only after rent. And if you have your own house, then the education of your child is one of the biggest expenses you as a parent bear. I guess that’s one of the reasons many are choosing to have a nuclear family, wherein …
Set up kids’ higher education with just Rs. 100/day! Read More »
Introduction: In this We-Blog series, we attempt to answer questions posed to us or found on various social media platforms, as well as provide sound financial advice. Today’s question for discussion is “I am 30.” I want to invest 1L per month for the next 25 years and then retire. “What should be my plan …
Invest Rs. 1 Lakh to Earn 18 crores in Retirement! Read More »
Introduction to Life Insurance: A life insurance policy is a contract between an insurance policyholder and an insurance provider in which the provider agrees to pay the policyholder a certain quantity of money upon the death of the policyholder or after a specified length of time, in exchange for a premium. Life insurance companies provide …
