Do you have some funds you wish to invest for a short term to achieve your short-term investment goals? Short-term goals could be anything that can achieved within a span of three to five years. These goals could be anything from paying your child’s tuition fees to restocking your emergency fund to buying a new phone to planning a vacation, to renovating your house, etc. But where should you invest these funds? In this article, we will understand different investment options that can help you … [Read more...]
WHAT IS A MUTUAL FUND AND HOW DOES IT WORK?
Irrespective of you being an old or new investor, you must have surely stumbled across the term mutual fund investments. You must have been advised by your friends or financial advisor to invest your capital in mutual funds to achieve your financial goals. These goals could be anything from planning a trip to funding for your child’s education to buying a house or car to saving for your retirement. But, what is a mutual fund? And how does it work to fulfil your financial goals. In this article, … [Read more...]
HAVE A MUTUAL FUND SIP? YOU MUST REVIEW IT FROM TIME TO TIME. HERE’S WHY
When we are young and single with no financial dependents or any other type of responsibilities, we have certain goals in life. These goals revolve around going on exotic vacations, owning a superfast car or bike, or the latest smartphone, etc. However, as we grow old and are exposed to certain responsibilities with growing family, these old goals are replaced. Now, an individual is more focused on providing to their family by ensuring that they own a house, educational expenses of children, … [Read more...]
KEEP THESE 5 FACTORS IN MIND WHEN CHOOSING SIP FOR INVESTING
To generate wealth, you’ll need to take more effort by simply parking your savings in fixed deposits or savings account. To actually create wealth, one needs to invest in investment options that offer returns higher than the rate of inflation. For investors with low risk appetite, SIPs can be one of the best investment routes to generate wealth over a period of time. Systematic Investment Plan, also known as SIP, lets you save small, insignificant amounts regularly, that provides access to a … [Read more...]