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...]

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...]