How many types of SIPs are there? A systematic Investment Plan (SIP) is a gradual investment strategy for investing small amounts and building long-term wealth. However, many people start saving without knowing the different types of SIPs and invest without clear goals. Before starting an SIP, it is essential to consider various factors and choose … Read more
Amidst stock market fluctuations and economic uncertainty, the stability of index funds has shone through, making them a popular choice. With their low risk and stable returns, these funds have become a beacon of security for many investors. Index funds are designed to replicate market index performance. They offer a diversified investment approach with low … Read more
All parents want their children to have a promising future, so they start investing now. Let’s take a look at the best child investment plans available for such parents. 1. Sukanya Samriddhi Yojana: The Sukanya Samriddhi Yojana, launched by the central government in 2015, is a significant step towards securing your daughter’s future. This scheme … Read more
Intraday trading is a thrilling form of stock trading that involves buying and selling stocks within the same day, as opposed to traditional investing, which involves holding stocks for a longer period of time. Unlike regular investments, which involve holding onto shares for days or even longer, intraday trading involves selling shares on the same … Read more
Many financial experts say that saving alone is not enough to create wealth; you must invest. Although saving and investment are often considered the same, they differ. On this page, we will explore the differences between them. Is saving or investing better for creating wealth? This story will help answer this question. Saving and investing … Read more
Investments are essential for financial planning. They are necessary to meet increasing costs and achieve desired goals. We will discuss achieving financial goals through a monthly investment of Rs.10,000. Embracing the power of saving and investing is a key step towards financial stability. By starting early, you can take proactive steps to reach your financial … Read more
Investors have increasingly shown interest in investing through a Systematic Investment Plan (SIP). SIP allows people to invest a small monthly amount to generate long-term returns. However, mutual funds offer a Systematic Withdrawal Plan (SWP) alongside SIP. Let’s understand SWP. While SIP involves regular monthly investments, leading to a substantial amount over the years, SWP … Read more
While investing money, all aspects need to be considered. Even small mistakes should be avoided. It’s essential to define the purpose of investing and to plan appropriately. Only then will your investment yield positive returns. Mistakes are commonly made when investing. Assessing the surrounding conditions before investing and carefully observing everything is essential. Emotional balance … Read more
Many people typically invest in fixed deposits (FDs) for one or two years. However, it’s important to note that investing in FDs for a longer duration can yield higher profits. Private sector banks like Axis Bank and HDFC Bank offer their regular customers 7% interest on FD schemes for ten years. For instance, if you … Read more
Mutual funds are one of the most popular ways of investing nowadays. Those who cannot directly invest in the stock market put their money in mutual funds. Recently, investments in mutual funds have increased tremendously, with thousands of crores being invested. But what happens to the investors if the mutual fund company goes bankrupt or … Read more