Investing

How to Double Your Investment?

There’s something that intrigues most investors by the idea of doubling one’s money. Doubling your money is a realistic goal that investors must always be moving towards, as well as something that can lure people into impulsive mistakes regarding investing. Here we shall look at the right and the wrong ways to invest for huge returns. THE SUPERIOR WAY- EARN IT SLOWLY To double your money, the most tested way over a reasonable time is to invest your money in a solid, non-speculative portfolio that diversifies between investment grade bonds and blue chip stocks. The portfolio won’t get doubled in a year, but will surely do eventually. The old rule of 72 helps you calculate the time it would take for your investment to get doubled if its growth compound itself. According to rule 72 you got to...

Plan well for your Child’s Education

In earlier 90’s the fee for children’s education was in thousands and today it’s not the same. The fee structure for children’s education is so high that it could make you worry for your child’s educational future. Planning now for your child’s education can reduce the anxiety you will face when time comes to dish out the money. It would be your little ones dream to get educated in institutions of their choice & also pursue higher level degrees, but making sure they can afford the education is your job. Your planning shall be all according to the following things below-  Today, the fees is near to 2 lakhs for a B.com degree, above 10 lakhs for engineering etc. 10-15 years from now the educational fee will be much more higher. Let’s have a look on some approximate costs of a few of repu...

Your Emergency Fund- Is It enough?

Have you ever experienced one of those days wherein the water heater stops heating, dishwasher stops washing & your family ends up on a first-name basis with the nurse at urgent care. Then, as you are driving to work you see smoke seeping out from under your hood. Bad things happen to the best of us, & instead of spacing themselves out, they almost always come in waves. It is important to have a financial life preserver, in form of an emergency cash fund. Many people know that an emergency fund is an important resource but at the same time they area nit sure about how much to save or where to keep the money. Others wonder how they can find any extra cash to sock away. HOW MUCH MONEY? How much is enough to set a target amount for starting an emergency fund?  Unfortunately, there is ...

Mistakes You Should Avoid To Help Your Money Grow Through S I P

A Systematic Investment Plan allows investments (small amounts) at regular intervals to yield high returns over a long period of time. SIPs help you build your wealth gradually without hurting your financial commitments rather than just investing a lump sum amount. It has the power of averaging and compounding which makes it a smart investment option- There are some common mistakes investors make:-   Deciding huge amount for investing Investors make a mistake on not calculating their present and future financial capabilities before committing high investment amount. + What to do? Set a realistic amount for monthly SIP investments by evaluating your financial condition such as present and future salaries, expenses and contingencies. Investing for one year It is an extremely small durat...

How Do You Choose The Right Mutual Fund?

  Saving and Investment for future security is at most important for each and every individual. For several people, busy lifestyle and lack of proper information might create a problem in selecting the right investment product. Mutual funds help you to get out of this hindrance. Mutual funds provide skilled investment management for people at a reasonable value. Here are a few tips for selecting mutual funds: Fund house: You need to choose a fund house on which you’ve got enough faith to invest your money and not adjust in a scheme of your choice. Identify fund houses that have a powerful presence within the financial world and provide funds that have consistent record.   Achieve goals of investment: Investments are made in such a way that it makes sure your savings enhance your ...

Reasons Why Investing in Mutual Funds In Nothing Like Gambling

  Very often, we come across peers and friends who believe that investing in mutual funds is likely to be gambling. Let’s have a look on the differences between investing and gambling. TIME SENSITIVE: Gambling like betting over a sports match or a casino lasts only as long as the event does. You cannot recover your money you lost during the respected event. On other hand, investing is a long term process where you have chances of making profits over the years over your initial investment. DIVERSIFICATION: While in gambling, there is no such risk-mitigation strategies applied. Whereas, mutual funds’ investments help you diversify your money. RECOVERY: If at gambling you lose money with an unlucky hand, you lose all of it at once which has no recovery option. Whereas when mutual funds a...

Start Small and Grow Big

Dream Big, Start Small, Stay Focused and Keep Going Forward Ever thought of saving from your salary? Ever managed to do it? If not, here is a plan for you to develop the habit of saving and investment – SAVE INSURE INVEST !! Let’s start small – Rs.500 It is an amount you can save easily and get started with investing. Rs.500 is the minimum amount to start an SIP(systematic investment plan). Start investing Start investing in an SIP with a debt mutual fund as it let’s you withdraw the amount at a day’s notice and also provides better returns if the money is left dol in your savings account. Stay invested regularly Set a fixed date for an SIP every month so that you don’t end up spending money. Keep the process on for about 6 months to 1 year and later sta...

This Holi, Add Right Colours To Your Wealth!

This Holi, Add Right Colours To Your Wealth And here comes the most awaited day of the year. It’s Holi! So, what plans do you have for celebrating this festival of colours? Are you ready with the set of different colours, sweets and other things that you would require to play Holi safely? Of course, you would be, as you waited for a complete year to celebrate this day. Holi is considered the festival that brings colours to the life. But do you know you can add those brightening and lovely colours to your investments as well? Let’s have a look which colours you can add to your .This Holi, don’t just add colour to your life. Take a step ahead and add some vibrant colours to your financial portfolio. Similarly, if we want our investment portfolio to paint a happy picture, we must give it a go...

Traits of Successful Investors

Investing is an art and any benefit coming from your investment is termed as ‘returns’. It is very important to know the art of investing and have proper knowledge about it. Apart from that, investors should have various traits/habits for successful investing. 1. Be a learner You should spend more time learning than actually investing, it is rightly said that knowledge has the power to conquer the world. In this case not the world, but definitely the market, you can rule the market if you have skills and knowledge about it. 2. Always have a well defined strategy Investors believe in planning out everything, planning makes everything better. You should have a well defined investment strategy. You have to identify your investment style according to your risk appetite and goals. 3. Determinat...

Importance of Financial Stability for a Start-Up Employee

Risk – that’s something that is prevalent in anyone’s life.  Whether you work in the bottom most part of the pyramid or the top most part of the pyramid (it’s not too long back that a Mistry was told Tata). But, more importantly, in the current blooming era of “START-UPS”, the element of RISK is larger.  Yes, a startup life is exciting, challenging, it’s a different path that you have taken and are trying to chart out something new.  However, along with the fun stuff, comes health issues that may come up due to additional stress, managing lot of things and also a huge question on the future. Health related concerns definitely need to be addressed.  However, while precaution could be one way to better your health, it is highly advisable to take adequate amount of health insurance, so that y...

Lost Password

Register

Please wait...

Get Latest Updates

Get the latest news to stay on top of shifting global markets