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...]