There are many types of mutual funds to meet the needs of investors. However, there are three major types: Fixed Income, Equity and Hybrids. Let’s look at each one: Equity Funds They invest primarily in equities (shares of public companies). Their primary goal is to create wealth via capital appreciation. These investments are great for long-term investment and often […]
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Facebook plans to establish a system for digital payments in at most ten countries by the end of the first quarter next year. Negotiations are held with American financial institutions as well as cryptocurrency exchanges. One such exchange was created by Marc Zuckerberg’s “sworn enemies”, the Winklevoss brothers, who were once cofounders of Facebook. The secretive […]
A mutual fund is an investment company that pools money from multiple investors. It invests in securities like stocks, bonds, or short-term debt. To earn the best possible returns, mutual funds are managed collectively by professional fund managers. Mutual funds are a safe and reliable investment option for wealth creation, tax savings and reaching financial goals. All over the […]
The next major resistance point for Bitcoin is near 11,000 USD after a Bitcoin reversal. It will be able to break the resistance point and move on to the previous record of 20,000 USD. The triangular accumulation formation, which began in June and continues until this date, is very similar to the one that started in […]
Introduction to the ELSS This article will help you learn more about Equity Linked savings Scheme Funds and how they can save you tax on mutual funds. ELSS stands for Equity Linked Savings Scheme. It can help you save up to Rs. 1.5 lakhs according to Sec 80C. ELSS investments have a lock-in period that lasts three years. This […]
We generally seek financial advice from those friends/relatives/colleagues/knowns. It isn’t clear why we seek out advice from our close and dear ones. They might have been successful on the investment front. They might have made smart investments. We might feel that they have more experience, knowledge, wisdom and investment insight than we do. We may feel they are wiser […]
In the past decade, Systematic Investor Funds (or SIP) have been synonymous with Indian investors. Despite the volatile nature of markets, there are many myths that prevent investors from investing in these funds. When investing in SIP, new investors may have many questions and doubts. It is a good idea to seek the advice of financial professionals in order […]
Are you planning a trip and wondering whether or not to purchase airline travel insurance? It’s a common dilemma for many travelers who want to protect their investment but also don’t want to overspend on unnecessary coverage. In this blog post, we’ll explore what airline travel insurance is, how much it costs, what it covers, […]
If you’re in the market for a luxury vehicle, chances are that an Infinity has caught your eye. With its sleek design and high-end features, it’s no wonder why this car is so popular among drivers who want to make a statement on the road. But with such sophistication comes the question of cost – […]
Buying a home is one of the most significant financial investments you can make. It’s an exciting process, but it also comes with some serious considerations. One of those considerations is homeowners insurance. Many people wonder if they need to have a homeowners insurance policy before getting a loan for their new home. In this […]