It totally depends on the age when you are planning to retire. So let’s say if you are thinking of retiring at the age of 60 then you can start using the funds starting from 60 or 61. Please keep in mind that retirement funds are to be used strictly for that, i.e. retirement and … Read more
The current situation is indeed a grave one. The Corona virus has spread like wild fire across the globe. No country has been spared from its clutches. The number of infected patients is growing by the day. Its effect is also seen on the global economy. Markets across the world have shown a decline … Read more
According to the legendary investor Warren Buffet: “Risk comes from not knowing what you are doing”. So whether a particular investment is safe or not depends on the knowledge that you have about that investment. Those who read regularly and keep themselves updated about the stock market can easily identify good stocks and earn great … Read more
Disclaimer: I am not married yet. So I don’t have personal experience of working on finances with my spouse 🙂 But still, I will try to answer your question based on my knowledge and the learnings that I had after observing other couples. After marriage, it’s very important for couples to have an open discussion on … Read more
I think that finally the country has woken up to the need for financial planning and investing. They have realized the importance of achieving financial independence in their lives. The financial freedom movement has finally started and I think it’s just the beginning. Financial literacy among the citizens of the country is dismally low. This … Read more
Retirement planning is a long term game. If planned properly it can lead to a very peaceful and enjoyable retired life. But it’s also one of the most overlooked things. Many people consider retirement planning as a secondary goal and postpone it for later. Suddenly when they cross 50, they wake up but by then … Read more
That’s a good question. I am happy to see that you are doing proper research before investing in a product. The mutual fund industry in India is growing by leaps and bounds. There are currently over 500 mutual funds in the market. And that number is growing at a fast pace. Hence for a retail … Read more
You should diversify the investment across multiple asset classes. Now, where you should invest the money depends on a lot of factors including your age and risk appetite. I am assuming that you belong to the youth category. Usually, young earners are advised to invest the majority of their money into equity. Equity by nature … Read more
You want to start saving and investing money, but every time you find yourself spending all your last month’s salary. And as a result, you don’t have anything left over to invest at the end of the month. How many times have you come across this scenario? I myself have faced this problem multiple times … Read more
According to the law of attraction, you become what you think in life. If you think you will be rich then there are high chances that you will be. On the other hand, if you think you cannot become rich then for sure you never will. What we think powerfully affects our subconscious mind … Read more