Fixed Deposit Returns vs. Other Asset Classes Returns
Navigating today’s complex financial landscape can be daunting, with choices ranging from stocks and mutual funds to gold and fixed deposits (FDs). Amidst market volatility, experts advocate for constructing a diversified portfolio, leveraging assets like stocks or mutual funds to weather fluctuations. Gold serves as a stable diversifier, less susceptible to financial tightening,...
Wealth Creation Myths Every Young Investor should Know!
Financial security, a decent lifestyle, and financial freedom are the most important things that we all want in our lives, isn’t it? However, because of our hectic schedule, we tend to shift our focus from the goal and only consume the information known by the masses, which often turn out to be nothing but myths. You even tend to develop antiquated ideas about wealth creation in due course of...
Everyone Teaches You To Save Money, But No One Teaches You How To Spend It?
“You can make a living or design a life” To be financially secure you do not have to be an expert in finance or have a big portfolio. All you need is to understand the basics of financial planning. Some people suffer financial struggles for not bringing sufficient money, while there are others who do not spend wisely. Saving and spending money are two sides of the same coin. Saving is...
Everything You Need To Know About Wealth Management
What is wealth management? Wealth management has a wider scope and has long term wealth creation as its primary motive. As such, wealth management can be described as a wealth creation process where a team of professionals analyze the financial needs of the client and suggest the appropriate financial products. Such a process would include wealth protection (risk management), accumulation...
How To Manage Your Financial Diary In 2017?
A new year is a new opportunity to think about small and large ways to improve our daily lives. We can also make some new plans to plan out our new financial diary for a brand new year. By all means, your overall financial planning depends upon your earnings and prior assets, and most importantly entities such as student loans, housing, and car. Still, smart evaluation can keep you on a...