Avoiding financial mistakes early in life is crucial for building a secure financial future. By steering clear of common pitfalls, young adults can establish a solid foundation for their financial well-being. This means creating a budget to manage expenses, living within one’s means, and prioritizing savings, including emergency funds and retirement planning. Additionally, it’s essential …
Today, October 4, is World Financial Planning Day. This is an initiative of the International Organization of Securities Commissions (IOSCO). World Financial Planning Day is observed to help raise awareness of the importance of financial planning. Besides being aware, it is very important for everyone to be financially independent. On World Financial Planning Day 2023, …
Mutual fund calculator: Well know author Shiv Khera has written in his book ‘You Can Win’ that ‘winners don’t do different things but they do things differently. This quote holds well for equity mutual fund investors as well. With a simple pun in normal investment strategy an investor can become a crorepati in 15 years …
Investment tips: Every investor aims to make profits from his investments at every stage of life. The investment strategy tends to be different at an early age, in your 30s, 40s, or when you are nearing your retirement. Investors need to optimise their portfolios in order to attain optimum risk-adjusted returns. Asset allocation based on …
How to become crorepati: In a bid to encourage the culture of customers asking for bills for all purchases, the Narendra Modi government will launch the ‘Mera Bill Mera Adhikaar’ initiative on 1 September. The scheme will be launched in the states of Assam, Gujarat, and Haryana; and the UTs of Puducherry, Daman & Diu, …