Make Your Money Work For You
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Investing wisely is all about finding the right mix of risk and reward that fits your financial goals and comfort level. For investors who are cautious or only moderately comfortable with market ups and downs, a fund that blends both stocks and bonds can be an excellent option. These are known as balanced advantage funds. …
Investing is a journey that starts with careful planning, and it takes time to build a solid nest egg. One of the simplest actions you can take is booking profits, that is, selling some of your investments to secure the gains you have made. However, while a single click can lock in those gains, building …
Everyone plans for the future, whether it’s for daily tasks or vacations. We even take time to organize our monthly or yearly budgets. However, many of us are less motivated when it comes to retirement planning. The importance of retirement planning is often overlooked, and we tend to delay it until later in life. Retirement …
One’s age or risk tolerance may have an impact on the age-based mutual fund investment plan they choose. Creating an age-appropriate mutual fund portfolio will assist you in reaching your objectives. Let’s examine how investors might utilize age-based mutual fund schemes to achieve their objectives at different stages of their life. Investing in your 20s: …
“Do Nothing” is the straightforward reply to this question. In a perfect environment, if stock prices are at an all-time high, plummeting, or gliding sideways without making sense, you just ‘ignore’ these moves.You’re an investor in mutual funds, not an equities trader. You pay the fund company a sizable sum of money in costs specifically for …
The key points to keep in your mind while redeeming your mutual fund investments, so that you can get the optimal returns is as below: Goal-based redemption – If your mutual fund investment is for a specific purpose, like buying a house, paying for education, or retiring, you should think about selling the funds when …
At a time when asset classes like equities and gold have generated impressive returns and are trading at near-peak levels, investors are struggling to choose the right investments. Fund of Funds (FoFs) may be a beneficial instrument for portfolio allocation in certain situations. FoFs are those investment instruments, that make investments in other mutual fund units. …
One of the greatest investors of all time, Warren Buffett, is renowned for sharing his financial knowledge with shareholders through his annual letters of Berkshire Hathaway. Despite decades of market variations, these observations have been true. Buffett explains which companies he prefers and which he avoids in one of his annual letters. Buffett starts by describing the standards …
The book “7 Secrets to Investing Like Warren Buffett”, was written by Mary Buffett and Sean Seah, and was published in 2019. This book provides a helpful summary of the most basic guidelines for investing like an expert. A lot of the advice it offers goes into the fundamentals of value investing. This has long …
Imagine you’re planning a trip to a foreign museum. Not only an entry ticket to the museum is enough, you would also prefer a Guide, who has good knowledge and experience in explaining the different spots in a museum and the history behind the showcased products in a museum. In the same way, choosing …