If markets are in an unidirectional bull run, then lump-sum investments are likely to generate bigger returns than SIP.
The going is getting tougher if you are chasing returns in the world of fixed income. Banks have slashed rates on the interest you earn on your savings bank account, fixed deposits returns are not as attractive as they used to be.
One of the best benefits which an individual gets is to maintain a record of transactions made.
Credit score is the number assigned by credit information companies to give lenders an idea of your creditworthiness.
Independence, the true meaning of this word dawns upon us only when we don't have it. This holds true for a nation, it holds true in our lives and it also holds true with respect to money and our finances. As India celebrates yet another year of independence, Money Money Money explores the concept of financial independence with Anuradha Rao, MD & CEO at SBI Funds Management Private Limited.
Making purchases through credit cards can help you manage your finances and if you pay up in time there is no extra cost involved.
As saving accounts with large banks are getting less attractive due to cuts in interest rates, it is logical to look for a better alternative
In a ULIP, the actual death benefit can be higher than the minimum death benefit guaranteed.
Besides the regular savings and recurring deposits, investors can choose from the multiple risk–free options that post offices offer, right from term deposits for the salaried class to senior citizens looking to receive moderate returns on their life savings.
Staying invested in equities for a long period will help generate a large corpus for your retirement.
Premium rates not only vary according to age and gender but also on factors related to a lifestyle, like smoking, drinking, occupation and medical history.
Education loans can be expensive and hence you should assess your future repayment capacity before signing the deal.
You should seek to route your investments to avenues that provide compounding and inflation beating returns.
Heady levels aren't these with the Nifty sitting quite pretty and comfortable around that 10,000 mark. We have been talking about the gush of domestic liquidity into the markets. Investors like you and me putting in our hard-earned money into mutual funds.
As we are all gearing up to celebrate our country‘s independence how about achieving our financial independence too.
Financial freedom does not mean retirement only. It means enjoying your life without being worried about money.
Insurance is the small price one pays for his peace of mind. With right insurance in place, even a â€˜small guy‘ can take risks and achieve financial freedom.
Financial freedom may sound like a dream come true. However, it is not the case. Follow these simple tips and you are home.
Systematic investment in equity mutual funds is the most convenient option for retail investors to create a large corpus over the long term.
With changing times, individuals have to ensure that they prepare themselves to pay for their needs and dreams.
A good credit score ensures that any loan you apply for gets sanctioned quickly. The score reflects one’s track record in handling credit.
The more we become 'social', the more we tend to show-off. It leads to more bad loans. It is time to shun bad loans and embrace good loans wherever required.
What you want to achieve in life would be completely different from what you wants.
No matter how good you are with your investment management, your plan to financial freedom will be incomplete if there is no insurance in place.