Investors should review their overall portfolio allocation and then depending on their holding period and individual risk appetite, take a call whether to book profits or increase equity exposure.
Discipline, coupled with regular evaluation and review, can help you reach your destination of financial indipendence
At your current salary you may not buy it outright, but if you invest a fraction every month, you'll have your iPhone in a year.
Financial independence can be defined as building enough wealth (note that its wealth and not money – both are different) such that your expenses for the rest of your life are taken care of.
Financial independence comes through long term financial planning, and I always keep saying that there is a difference between just saving for the rainy day.
It is better safe than sorry i.e. better to sit in cash in the worst case, rather than worry about the opportunity cost of not remaining invested in such a dubious asset.
Not taking risks at all may be alright to protect your savings, but it may not be enough for your savings to grow.
It is advisable to keep at least 3 to 6 months of your expenses as an emergency fund and putting those funds in highly liquid instruments such as liquid funds or fixed deposits.
Set aside two-and-a-half years’ expenses before you make the move
We are celebrating women all this month and in today’s episode of Invest - O - Cast we are going to be talking about planning for financial independence for women; from different backgrounds and walks of life.
Being financial independent (or financially free) means different things to different people. But the idea is not just about having ‘enough money’.
As we are all gearing up to celebrate our country‘s independence how about achieving our financial independence too.
Financial freedom may sound like a dream come true. However, it is not the case. Follow these simple tips and you are home.
What you want to achieve in life would be completely different from what you wants.
Molly Kapoor, Head-Marketing, Birla Sun Life AMC talks about the different investment opportunities for women.
Watch the interview of Kalpesh Ashar a Financial Planning Expert to Surabhi Upadhyay on CNBC-TV18 where he spoke about how one can achieve financial independence.
Best Deal TV, India’s first ever celebrity driven home shopping channel launched by Raj Kundra and Akshay Kumar have announced their ...
Retired individuals can invest in a mix of dedicated investment options for senior citizens and bank fixed deposits.
Use the earn, save, spend formula. Start with saving at least 10% of your income every month. Go as high as you can with this saving amount. As you increase your savings, your time to reach your goal will reduce
Independence Day may come and go, but the goal of financial independence isn't limited to a particular day. Here is what you need to do to achieve financial independence.