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
Are you interested in safe debt mutual funds? If so, consider the benefits of banking and public sector unit (PSU) debt-equity schemes. These funds invest up to 80 percent of their money in banking institutions, public sector companies, and public financial institutions, making them a relatively safe and attractive investment option. Mutual fund advisors recommend … Read more
On World Senior Citizens Day, let’s explore some investment options that offer financial security to senior citizens. These investment schemes can provide a steady income during retirement, ensuring a smooth financial life for seniors. If you have senior citizens, consider investing in one of these four schemes in their name. Senior Citizen Bank Deposits: Most … Read more
LIC: Part of the earnings should be invested so one does not have to worry about money in the future or after retirement. So, investment should start during the working life. There is no question about whether it is in LIC because your money is not just safe here, it’s secure. With a guaranteed return … Read more
Many people consider taking out a home loan or investing in a Systematic Investment Plan (SIP) when buying a new home. Both options have pros and cons, and understanding them is crucial to making an informed decision. Twenty-five years EMI or Ten years investment: Which is the closest way to owning a Rs 80 lakh … Read more
Investing in small-cap stocks carries a higher risk than investing in large-cap and mid-cap stocks. However, these stocks can present a good opportunity for investors as they may experience a correction from higher levels, potentially yielding significant returns if timed correctly. It’s essential to be prepared to hold onto these investments for at least two … Read more
Is silver a smart investment? With prices soaring, learn if now is the time to buy. Discover the benefits, risks, and expert insights to make an informed decision. Silver, a precious metal known for its lustrous sheen, is rapidly gaining popularity as an investment in India. Its price has skyrocketed in recent years, making it … Read more