Why Should You Start Investing Early In The Life Insurance?
Many of us people think it is absurd to purchase the life insurance plans at an early stage of life, because you are too young to die and have a whole lot of life to earn and save for the life insurance plans, but truly speaking, the life insurance plans should be bought in the early years of your working life. Even if you go and ask any of the financial planner or advisor, they will also...
Financial Planning For Retirement.
Let us begin with two different situations. First of all, all of us would like to enjoy free time without any professional duties aching us. It is needless to say that having such unperturbed leisurely time free of professional worries requires a solid financial standing. Now consider the second situation. After reaching 60 some people still wish to go on working for few more years just...
Why are Insurance plans important for your Financial Well-being?
Life is unpredictable and you never know what is going to come next. You always have to be prepared for the best and the worst. Life insurance is an important tool in protecting a family’s economic well-being if a parent or partner dies. A life insurance policy is an indenture with an insurance company. In exchange for premium payments, the insurance company supports a lump-sum payment,...
3 Major points to understand about Hybrid Funds
Thinking of investing in hybrid funds? Have a complete knowledge of them before you do. The mutual fund market is vast. There are thousands of scheme and also different categories of schemes. You can find equity funds, debt funds, hybrid funds, solution-oriented funds, etc. This wide variety of choice makes an amateur investor confused. Take the instance of a hybrid fund. Where equity and...
Complete guide on Covid-19 Medical Insurance
It all started from the month of December 2019 that we started witnessing the spread of coronavirus. The contagious viral infection that still doesn’t have any cure as no vaccine is introduced yet has kept us under lockdown for over 100 days now. Covid-19 positive cases have risen in these past few months but at the same time people are getting recovered too. So that’s something...
How to select the best mutual funds for long term?
Mutual funds can be your pick if you wish to benefit from stock market and still want to stay away from actual share trading and instead would like to get the funds managed by a professional and experienced fund manager. Mutual funds can be aligned to your timeline and time horizon of financial goals. Instead of investing in fixed deposits or insurance unnecessarily for long term, mutual...
Should You Invest Directly In Equity Or Via MF’S?
Investment done at any age is a good way to get a large amount of corpus on maturity. While doing investments, many people get confused whether to invest in equity, mutual funds, SIP or through other Investment instruments available. It has always been a tricky question whether you should invest directly in Equity or via Mutual funds. These decisions often make it difficult for people to...
Financial Planning amid COVID-19
The drastic changes that we have seen in the world economy due to the global spread of COVID-19 need no introduction. You would have already witnessed the volatility of the market. As we all have seen in news reports, around 25% of the workforce have lost their jobs and many others have witnessed pay cuts. Country Lockdown has caused some small businesses to shut down permanently and others...
How to measure risk in Mutual Funds?
While investing in mutual funds, it is important that you look at past returns, compare the returns with the benchmark, category average and it’s peers. But returns should not be the only criteria while selecting a mutual fund. One should also look at how much risk is associated with the particular scheme. Risk and return are two sides of the same coin and thus we should not ignore the...