By investing for a little longer you let compounding play in your favour, thus generating more out of little invested.
While exciting car offers fill the marketplace, ensure you shop smart by considering safety, car finance and fuel apart from the features alone
Cost of investing in equities is that it is a volatile asset class- there will be times when your portfolio value will be lower than what you invested
You can’t postpone your child’s education. In such circumstances, it is better to start early so that you can manage finances better.
To measure success at an overall portfolio level, investors must track on an annual basis, how much of their goals have been achieved by their investments and how these investments are performing.
In real life, assumptions of linear price movements do not work.
For monitoring the various stages of execution of any state-funded project, it is essential that there is a war room at the state level
In the aftermath of IL&FS episode, we believe the credit market has become slightly illiquid due to shift in investor sentiments, said Sandeep Jethwani, Managing Partner and Head – Advisory Group, IIFL Investment Managers
You can now pay, transfer, borrow, invest and insure digitally, so make sure you have your eye on the ball.
Parents need to start planning for their children's foreign education early so that that it can be achieved by setting aside smaller amounts and letting the power of compounding do the rest
If you are keen to build your portfolio now or want to take some corrective actions, you should first evaluate your risk profile
To arrive at a proper asset allocation while building an investment portfolio, you should always draw a holistic financial plan for yourself first.
Here are some important reads for the week that appeared in personal finance section.
As attractive as the scheme may appear, it can turn out to be a trap for borrowers/ buyers.
The college savings fund can be created on the lines of NPS, which is low cost, has many pension fund managers and offers different investment plans.
Avoid the US & Europe for a while and travel East, to countries whose currencies, too, have depreciated.
To truly achieve the goals of being one of the best countries to live in, India needs to switch from a Sectoral Planning mechanism to an Outcome Based Planning mechanism
Is a savings account at one of the 6 payment banks in India better than one at your regular bank? Find out here.
You should ideally be using not more than 30% of your monthly income to service your debts.
Planning early when the child is young and deciding how much you need to invest over a period of time helps in creating the corpus needed.
Merger of banks is in the interest of the customers, so there is no reason to panic. When banks merge, sufficient care is taken to ensure that the impact on customers is minimal.
The rate hike will further increase the attractiveness of Senior Citizens Savings Scheme (SCSS) as its quarterly compounded return of 8.7% p.a. will outstrip the highest fixed deposit card rates offered by almost all banks.
Start with a ‘financial risk appetite assessment’ and invest based on the findings.
Retirement is a period when people should turn risk averse with their investments, especially with stocks.
Your minor unconscious decisions can cost a bomb.