Your decision on investing through mutual funds or buying stocks directly depends on the 3 R factors:1. Risk 2. Return 3. Research
Many people have the desire to get their finances in order but they don’t get far with it. Perhaps, it is because they do not have a systematic process to follow. If you are one of those, I have here the basics of financial planning and goal setting, for you. Adequate Risk Cover: The first […]
Debt is your first obstacle for achieving financial freedom. It is a legal and moral obligation to the lender which brings the borrower into servitude.
There is a lot of hype around building a retirement income or passive income these days and there are a plethora of schemes shoved down the throat of gullible senior citizens. This secret can also be used by younger people who want to generate a second passive income in addition to their regular income.
Majority of parents are worried about investing right for their children’s bright future. A simple search on Google reveals that the media is almost totally covered by insurance companies offering traditional and unit linked plans in the name of child benefit plans.
Financial planners have been crying themselves hoarse about the wisdom of buying a pure term insurance plan and not investing in an insurance plan. The dual advantage of cheap risk cover and earning much more on your investments can’t be ignored at all.
there is a secret to make long term SIP successful and that is, you avoid timing the market. Put simply, it means that you are not looking for an opportune time to invest, rather you are deciding to stay invested across multiple market cycles.