For decades, investors in India have invested in traditional assets such as savings bank account, fixed deposits (FDs), gold, and so on. But the recent rise of mutual fund investments these days shows that investors are now viewing the mutual fund market for better returns.
You don’t have to become a financial wizard to plan for retirement, but there are some things that you should familiarize yourself with in order to maximize your retirement dollars in less time.
What is more stressful? Being in a car accident or making a car accident insurance claim? If you have been in both situations, then you know you can’t choose either of the two. As an intelligent driver, the best you can do is to avoid an accident in the first place.
It will perhaps be a bit redundant to say that the decision to purchase a bike is quite exciting. But before thinking of what you are going to do once you have purchased the bike, it is wiser to make a list of everything you will need to ensure that the purchase is the best of your life!
You might not realize this now but in reality, the costs associated with smoking are much higher than just a cigarette packet. Smoking can hamper your health and financial wellbeing in many ways in the form of medical expenses and higher life insurance premiums. In the case of a term plan, the premium for smokers costs much higher as compared to non-smokers. This is mainly due to the death rate of smokers. The chances of a smoker passing away due to a smoking-related illness are higher as compared to a non-smoker dying due to any other illness. This is why term insurance for smokers comes at a higher premium.
Many people invest in the stock market for a chance to make more money. It allows you to place money in small businesses in the hopes that the business will grow and so will your stock. You can become an angel investor in the stock market to make money while helping others. Here are the pros and cons you should consider when becoming an angel investor.
Whenever you require a large amount of funds, the first thing you do is to sell off your personal assets to meet your money requirements. But this leads to loss of property ownership.
Credit cards are becoming a popular choice in our country for making purchases. Some people are even holding multiple credit cards, while some may even suggest you to stick to debit cards or cash so that you avoid debt. If used carefully, credit cards can give you a lot of benefits.
We invest our hard-earned money in various investment avenues intending to earn good returns. One such option – ELSS investment invests 80% of its corpus in equity and equity-related instruments. Being a market-linked investment, ELSS mutual funds can offer good returns. Investors who know what is ELSS swear by its potential to grow wealth in the long term.
Every investor who invests in mutual funds does so to grow their wealth. The higher the returns, the more benefits one receives. Besides, you may also want to achieve profitability in a short time as possible. In reality, the returns depend on a lot of factors, including the investment instruments you pick, your risk appetite, the investment horizon and more.
Establishing a new business is a special moment in the life of every entrepreneur. Nowadays, a large number of individuals are coming up with innovative ideas in order to start their own business. If you are looking forward to establishing your own business, you might have to scrutinize various financing options to fund your business endeavor.
In today’s modern world where prices are high, it can be difficult to not get bogged down under piles of debt. With homes, cars and education at skyrocketing prices in 2019, it is no wonder so many people feel overwhelmed with payments for credit cards, loans and purchases all coming in at once. If you are someone who is struggling to keep on top of things, debt relief may be a viable option to help you bring some order back into your finances. In today’s article, we find out all about debt relief and have a look at whether it is the right option for you. Read on to find out more!