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...
How Young Investors Can Be Disciplined in Financial Life
If you want to reap financial blessings in life, you have to sow financially. To achieve a financial goal one needs to invest and this investment has to be made religiously. Young investors understand the power of investment but over a period of time, they tend to lose enthusiasm. A successful investor is one who is disciplined with his investment. You need to follow a process over and...
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...
Tips and Suggestions for the Financial Portfolio
Just as starting to invest is like taking your first step towards a financially better future, having the right financial portfolio is like ensuring that every step you take is the right step. The general thumb rule followed by all the investors across the world is Diversification. Though no one size fits all, depending on the objective and time horizon you should plan your financial...