Make Your Money Work For You
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Sukanya Samriddhi Yojana (SSY) is a fixed-income program supported by the government. It is intended to assist parents save money for their daughters’ education and wedding. If you are having a girl child, then SSY scheme is definitely a beneficial scheme, in which parents can enrol to secure their girl child’s future. I strongly believe …
In the world of investing, three important aspects stand out: effectiveness, risk, and price. These three components are at the heart of several conversations, and the price has emerged as a distinguishing feature in the services provided of today’s leading wealth management organizations. Furthermore, regulators all over the world clearly see cost efficiency as a …
The previous four years have seen the highest levels of corporate earnings in a long time, but the same cannot be said for corporate capital spending. Since FY20, the total net profits of India’s top listed firms, excluding BFSI sectors (banks, financial services, and insurance), have grown at a compound annual growth rate (CAGR) of …
According to Warren Buffett, the three words “margin of safety” are the foundation of investing success. Global and local geopolitical developments must prompt us to consider if our portfolio was prepared to deal with extended, deep corrections. A profound unpleasant correction will undoubtedly occur at some time throughout a 30- to 40-year investing journey. Having …
We always come across a saying that “Cash is King”. It is true not just for the businesses, but it is true for individuals as well. Many of us perceive cash as passing through our fingers like water, while constant costs leave little room for anything else. As a result, you must handle your cash …
Retirement planning for self-employed persons in India is an important but sometimes disregarded part of financial management. A recent poll found that 67% of Indians have a retirement strategy in place, up from 49% in 2020. It demonstrates how the Covid-19 outbreak has made individuals more conscious of the importance of saving actively for retirement. Self-employed …
According to the most recent SEBI data, a rising percentage of Indian investors are using SIPs to invest in mutual funds. While a disciplined investing approach may make a substantial contribution to wealth growth, it is critical to carefully plan investments and avoid rash selections over a certain time period. Here are a few factors …
I’d like to begin this blog post by stating that I never recommend that any of you borrow money to buy a car, as you may be aware that a car is a depreciating asset and thus what you spend on it, whether out of pocket or with loan interest, is always a financial burden. …
In recent decades, many Indians have been cautious of the stock market. The Harshad Mehta scam (1992), Dotcom crash (2000), and mortgage crisis (2008) have all undermined investors’ wealth and led to several bankruptcies. Mutual funds, too, suffered a significant loss when Unit Scheme 64 collapsed in 2001. A lot of investors who had put their money …
Financial grieving is significantly distinct from other types of loss. Have you ever witnessed an ardent stock market day trader go underground when his trading accounts suffer a decline? He will be so struck with guilt and disbelief that he will entirely withdraw socially. He re-appears when the bull market returns, sharing us with stories …