It is a well-known fact that one way of ensuring safe investments is to spread them out or over various instruments, securities, asset classes, locations and so on. In proverbial terms: Don’t put all your eggs in one basket!
Since their creation, mutual funds have been a popular investment vehicle for investors. Their simplicity along with other attributes provide great benefit to investors with limited knowledge, time or money. To help you decide whether mutual funds are best for you and your situation, we are going to look at some reasons why you might want to consider investing in mutual funds.
If you think that the world of Mutual Funds is intimidating, complicated and definitely not for you, be prepared to be surprised.Thousands of investors, who share a common financial goal, pool in money to create a ingestible corpus of any Mutual fund.
There are many loan providers for your different needs. The decision of choosing a particular loan depends on your particular requirements and conditions. You can make a better decision if you are well informed. This article provides you with details of what you need to keep in mind before applying, during loan processing and after taking the loan.
April 1st marks the beginning of the new financial year. The ‘infamous’ day is also the one when we ought to set clear financial plans for the next one year. We can, of course, choose to celebrate April 1 as “All Fools Day” if we continue to commit the same mistakes that we did in previous years. Instead, we should convert it to a “Smart Investor’s Day” by learning from our financial mistakes. Given below are my confessions as well as resolutions for the new financial year as a retail investor.
Calculating personal income tax is an enigma for most salaried persons. Even Albert Einstein admitted, “The hardest thing in the world to understand is the income tax.”
Risk tolerance is the degree of uncertainty that you can handle in regard to a negative change in the value of your portfolio. While investing you may often have to do a risk-return tradeoff, the principle that potential return rises with an increase in risk. With so many different types of investments to choose from, how do you determine how much risk you can handle?
When I first heard of “Rich Dad, Poor Dad” few years back, I thought its a book on how to teach money management to your kids, but when I read it, I found that the concepts mentioned by Kiyosaki were relevant for all age groups.
Stock markets world over are driven by sentiments. It is said greed and fear drive stock markets more than money. We all suffer from these emotions while making our investment decisions. When it comes to many areas of our life we can rely on our emotions and instincts or gut feelings. But when it comes … Read more
ULIP is an abbreviation for Unit Linked Insurance Plan. Though ULIPs were around for years, US64 from UTI for instance. ULIPs became popular in India only after the insurance sector was thrown open to private players.