Tag: money

wealth creation

Thinking of Wealth Creation? 6 simple steps to involve family, save big!

Money is not a topic most households tend to discuss, yet it is a topic which draws down most of our family goals. Getting your family finances in order can be a daunting prospect. You might end up thinking how to make money. However, by breaking down the process, setting

retirement

Planning for Retirement? Avoid these 6 key mistakes!

People tend to procrastinate saving for their retirement since an early retirement is considered a luxury. However, can you survive without your income for a year? How about 6 months or even 3? If your answer is a big ‘NO’, then imagine this, a standard retirement period is usually 15-20 years.

Mutual_fund

What is Mutual Fund? The basics you should know!

A Mutual Fund is a financial instrument which draws money from a plethora of investors. This common fund is created with mutual contribution of multiple investors in a variety of assets and securities including debts, equities, government securities, liquid assets like funds, bonds, and others. Since all the gains, rewards, risks,

Top 7 Strong Reasons for Investing In SIPs

SIPs are becoming one of the main options for investors now a days. Investors pump in as much as 4500 crores per month through SIPs compared to around 1200 crores in early 2014. Systematic investment in a Mutual Fund make good sense especially in the volatile equity market. What is SIP?