Make Your Money Work For You
Browsing Tag
Everyone likes to make plans for the future. Planning ahead of time is an excellent idea for anything, from daily tasks to vacations. We even make an effort to arrange our yearly or monthly budgets. But not everyone is equally motivated to make retirement plans. A lot of us overlook the significance of retirement planning …
A recent poll found that ten years ago, tenants in important cities such as Bengaluru, Mumbai, Pune, Chennai, Hyderabad, and Delhi would rent nine times before purchasing a property. Today’s younger generation buys after renting just four or five times in their lifetime. For instance, in Bengaluru, the typical age of first-time house purchasers has …
One’s age or risk tolerance may have an impact on the mutual fund (MF) plan they choose. Creating an age-appropriate mutual fund portfolio will assist you in reaching your objectives. Let’s examine how investors might utilize mutual fund schemes to achieve their objectives at different stages of their life. Investing in your 20s: It is …
“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 …
It is evident that today’s youngsters do not possess financial awareness. Youngsters believe that money mysteriously appears in their parents’ pockets to provide for their requests. If you have spent years and years of your hard-earned money to make sure your child has the greatest higher education possible and you can only see that they have not …
Millions of Indians fight an arduous battle every day, Monday through Friday. Starting at 9.15 AM, the battle lasts until 3.30 PM, and then it starts over the next day! What precisely is the war over, though? It ultimately comes down to determining a stock’s fair value, which is arguably the most perplexing of all …
Everyone of us would be knowing about Charlie Munger. But just in case anyone reading this article is not aware of Charlie Munger, let us just see a brief introduction of Charlie. Charlie Munger was Berkshire Hathaway’s former vice-chairman and second-in-command to Warren Buffett. Serving as Buffett’s closest business associate and “right-hand man” for more than …
Money habits are practices that support effective money management. The difference between financial success and failure can be determined by developing sound financial habits. You may increase your chances of becoming wealthy by adopting these five money habits. 1. Ownership of a Business: Salaried employees are rarely found in Forbes’ annual list of the world’s …
Many potential investors are disappointed if a company’s IPO is a success. It may cause a wave of FOMO (fear of missing out) among people who were unable to get allotments in the IPO. But ‘Missing out’ and taking a ‘wait and see’ approach may not necessarily be detrimental. According to stock market professionals, investing …
High returns and fast profits from cryptocurrency, equities F&O, and equity trading advice might be alluring. However, keep in mind that return of capital is significantly more important than return on capital. Investing is the process of setting aside money from your income to invest in a form of asset that will increase in value …