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Calculating your net worth gives you an eye-opener as you can now mathematically calculate where you are financially right now and where you want to be
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The low interest rate regime leaves fixed interest investors with very few choices to get inflation beating returns. If you are keen to take some credit risk, look for relative risk
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Pradeep Kumar is a 23-year-old IT consultant who earns Rs 50,000 per month and wants to start investing to achieve his financial goals. “I want to start investing early so that I have sufficient corpus for my retirement. I want to achieve my goal of having a corpus of Rs 1 crore soon,” he says. […]
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Apart from the savings bank interest rates in post offices, all instruments have suffered a sharp drop in interest rates over the past one decade
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Millions across the world have lost their lives to COVID-19 and as a result many of the affected families face an uncertain future
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If you give up smoking, or smoke a pack of 10 sticks less a day, and invest the money in PPF or MFs, you can build a large part of your retirement corpus from this source
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Investment in personal financial planning is like a marathon, where taking risks may result in temporary joy, but managing it may result in long-term success
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You need to do these things so that there are no difficulties faced during the year
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Having suffered the Covid shock, do focus on creating a contingency fund, even if one has to do it gradually, say experts
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Do these five tasks and set yourself on the path to financial peace of mind