Bharat Bond ETF: Should you invest in it?

Investors looking for better returns and higher safety in fixed-income product basket could opt for Bharat Bond Exchange Traded Fund (ETF) comprising debt securities of government companies. With safety taking precedence over returns in investing behaviour since the turmoil in the financial markets worldwide on account of the spreading Covid-19, wealth advisors are suggesting rich clients to include Bharat … Read more

Top 5 habits for millennials during the current Corona crisis

What are 5 habits that millennials can develop during the current crisis? Learn a new skill be it cooking, painting or learning a new programming language Make use of the additional time in lockdown and review your spending habits. Due to the lockdown, your savings will naturally increase. Cost of living is not that high … Read more

What are Covid-19 personal loans?

1. This is a type of personal loan offered by banks and NBFCs for the specific purpose of tiding over the liquidity crunch during the time of the Covid pandemic. 2. It is being offered to existing salary account holders and home loan customers with a high credit score. 3. Maximum amount offered for this loan is Rs 2.5-5 lakh depending … Read more

How can one become a millionaire after the COVID-19 crisis?

Using the same principles that have helped a person to become rich for years even before the Corona virus crisis came. Some of them as are follows: Start investing early and let your investments grow over the long term Spend less than you earn You can choose to follow the 50–30–20 rule for budgeting. Here … Read more

What age is it okay to use retirement funds?

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