Here is when you need to take crucial decisions for entry into the undergraduate course, college and country of your choice. from Wealth-Economic Times https://ift.tt/36lpUq2 https://ift.tt/2Imncbt
This is a back to the basics question which all of us should get back to fairly enough. What exactly is a financial goal for your investments? It’s not something general like ‘Make lots of money’. The real point of investing is not to invest but to eventually use it. from Wealth-Economic Times https://ift.tt/2GGZ82F https://ift.tt/3eLCoLx
We must also recognise the risk inherent in certain debt strategies, which can be proactively managed but not eliminated. Thus, mutual fund selection should be based on investor’s specific needs, risk appetite and horizon. from Wealth-Economic Times https://ift.tt/35aqxTY https://ift.tt/2U7pEFA
Most believe retirement corpus should be about 7-9 times their annual income. On average, urban Indians aim to gather a corpus of about Rs 50 lakh. However, only 1 in 5 Indians considers inflation while planning for retirement. from Wealth-Economic Times https://ift.tt/359Nk2d https://ift.tt/3eCwRXL
Solution-oriented funds usually have a lock-in period of five years to encourage investors to remain invested for a longer duration as the investment horizon is long term. from Wealth-Economic Times https://ift.tt/35cnlr7 https://ift.tt/3eCwQmF
The investor needs to specify the investment amount, start date, end date and trigger date for the stock SIP. Trigger date is the date on which investment shall be made in the bucket for each instalment. from Wealth-Economic Times https://ift.tt/3eFUoqA https://ift.tt/36frxpf
The average return from equity is high but is not achieved year after year. By quitting at the end of six long years of low return, you may be missing out on an upcycle that can help him average his returns out. from Wealth-Economic Times https://ift.tt/38nM5P3 https://ift.tt/2I8grKV
Financial freedom in the mind of a young first time earner is the joy of not having to ask the parent for money. To have money in the bank to allocate as one desires, and to make all the decisions associated with that earning is a financial freedom to savour. from Wealth-Economic Times https://ift.tt/38pIyQc https://ift.tt/3ldxhGi
Here’s a weekly tracker of returns from alternative investments such as gold, silver, wine. The proportion and purpose of alternative investments is vastly different from those of traditional ones. from Wealth-Economic Times https://ift.tt/2Im53Le https://ift.tt/2GFMUr2
Here’s a weekly tracker of returns from alternative investments such as gold, silver, wine. The proportion and purpose of alternative investments is vastly different from those of traditional ones. from Wealth-Economic Times https://ift.tt/3kRRKk2 https://ift.tt/323HnC4
ETFs or exchange traded funds are similar to index mutual funds. However, they trade just like stocks. An investor who buys an ETF doesn't have to pay an advisory/management fee to the fund manager. from Wealth-Economic Times https://ift.tt/3eh1Cky https://ift.tt/2HYjWDn
The insurance decisions one makes have long-term consequences. Therefore, one must evaluate all the options before commiting to these. One must assess the costs attached to insurance while deciding on the type and size of the cover. from Wealth-Economic Times https://ift.tt/2HUBG2C https://ift.tt/34OvhP4
Do not indulge others with details of your income, savings, assets or expenses. Not in the least to brag. Bragging about how much you have or moaning about how little are both undesirable. No one except the couple that run the household needs to know its finances. from Wealth-Economic Times https://ift.tt/34KYEBM https://ift.tt/3oMsFJn
Financial planners say that Portfolio Management Schemes (PMS) are ideal for large investments and also carry a higher degree of risk, whereas mutual funds are simpler investment tools. Investors should keep in mind these distinguishing points. from Wealth-Economic Times https://ift.tt/3kxwY9c https://ift.tt/37KrzrB
For senior citizen investors, safety and returns play an important role while choosing an investment vehicle. The Senior Citizens’ Savings Scheme (SCSS) can be availed from a post office or a bank by anyone above 60, i.e., a senior citizen. from Wealth-Economic Times https://ift.tt/2J2yHFr https://ift.tt/2FXl6ht
Fund selection is a very important aspect of active investing. Select your funds only after evaluating their performance history and portfolio strategy. You do not need to worry about markets or cycles for passive investing. from Wealth-Economic Times https://ift.tt/35Bhsm6 https://ift.tt/37FnpBf
Your bank account is your core financial record. Take the time to understand and operate your account. Do not be the person who hands over the debit card PIN and Internet passwords to others, or be the gullible signatory of blank cheques. from Wealth-Economic Times https://ift.tt/3oqtJme https://ift.tt/2Tt3SeU
After some initial worry, investors are coming back to investing in mutual funds like before. However, the steady redemptions remain a concern, Chandresh Nigam, MD and CEO, Axis Mutual Fund, tells ET Wealth. Here are other takes from the wealth expert. from Wealth-Economic Times https://ift.tt/31ESJMA https://ift.tt/3mk1tji
Sort the paperwork and complete financial tasks without leaving any loose ends after the death of a family member. ET Wealth tells you about the documents needed to close accounts, transfer investments and make claims and the processes to complete these tasks. from Wealth-Economic Times https://ift.tt/3dUS92p https://ift.tt/37EOTH8
Insurers may only settle claims based on predefined rates recommended by the General Insurance Council, resulting in significant cuts in the claim amount. ET Wealth explores the reasons why your claim is not being admitted or you are bearing a large chunk of the medical bill. from Wealth-Economic Times https://ift.tt/3mhiVoo https://ift.tt/35xfyTR