6 Strategies To Reduce Investment Risks
Investment risk is defined as the probability or likelihood of the occurrence of losses as compared to the expected return from an investment. All investments carry a certain level of risk, be it equities, MFs, bonds, or investments in gold. The idea here is not to erase the risk completely but to reduce it to a degree where it does not hurt the overall portfolio and safeguards it from...
Financial Planning And Its Importance For Millennials & GenZ
‘A stitch in time saves nine’ rightly defines financial planning. Basically, financial planning is all about finding out what exactly you need to do with your money to meet your financial goals. It allows you to systematically achieve both of your short as well as long terms goals by ensuring optimum utilization of your current in-hand resources. Financial Planning is prudent for all age...
How to Opt For the Best Robo Advisor?
Robo Advisor is the new talk of the town, especially popular among the youths. A plethora of information is available on the internet that talks about the pros and cons of using the services. Has all the information available on the net still left you unsettled? Since you have now decided to take a plunge into financial automation, don’t know where to start? This article will guide you on...
Why millennials should opt for a Robo advisory?
Many millennials feel that they are going to work forever, but with the right investment at the right time, early retirement is possible. Now, the real question is how do we decide which time and how much is the right one for investment? Do we rely on the financial advisors who charge a fortune? The answer to this question is NO! In today’s digital time and the world, the right...
Things To Do At The Start Of The Financial Year
Now that we are in the month of April, and the new financial year has started. It is an excellent time to review your finances. In this blog, we will see what things should be there on your to-do list for this month. 1. Increase Monthly Investment – Increase your saving and investment amount to improve your financial health. As per the financial experts, you must maintain at least a...
The Evolving Robo-Advisory Landscape In India
As they say, ‘New Generation, New Ways’, the millennials and Gen Z investors today have developed and resorted to a new way of doing several things. Right from routine monotonous activities to extremely complicated activities like medical procedures and personalized financial planning, these innovative AI-Based Robo-Advisory are capable of performing all kinds of tasks with utmost...
RBI Direct Scheme To Invest In Bonds
Reserve Bank of India recently launched the RBI Direct Scheme. As per the scheme, retail investors will now be able to buy & sell G-sec (government securities) & Bonds directly through the RBI Retail Direct Portal. The scheme is considered a significant milestone in government securities development. RBI Direct scheme will simplify the process of investment for the common man. It...
Financial Tips For Women
It’s extremely important for every woman to empower herself with complete financial freedom. Times have changed. Today, many women are working and earning enough not only to become financially independent but also to take care of the entire family. Despite earning equivalent or even more than men, a large number of women are depended on men to help them with their financial planning,...
Credit Card Frauds – How Financial Planning Helps
A credit card lets us buy items without cash, one of the most common methods of electronic payment. Credit cards are a strong payment instrument as they let us easily avail a quick line of short-term credit while making transactions. It enables us to increase our purchasing power, with advantages like ease of use, reward points, and cashback. Credit cards are financial instruments that...