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Choosing between mutual funds and National Savings Certificate (NSC) is often tricky—especially when dealing with large sums such as Rs 5,50,000, Rs 6,50,000 or Rs 7,50,000. While mutual funds carry the potential of higher returns, they also involve market risks. On the other hand, NSC is a government-backed scheme offering guaranteed returns with complete safety….
New Delhi: Many people think the way to grow wealth is to jump in and out of the stock market at the “right time.” But in reality, timing the market is extremely hard, even for professional fund managers, and often ends up hurting returns. Missing just a few of the market’s best days can greatly…
Wealth Building From One-time Investment: Gifting an investment on your kid’s 5th birthday may be uncommon but is a unique idea as it can create significant wealth for them when they are young. The best part is the investment will grow passively without your kid making any effort. When the kid is in their early…
Target Rs 10 Crore Corpus: You can set your financial goals as per your future requirements. There is no standard corpus size for anyone as it can be different for any two people with different income and ambitions. But having a substantial amount in your corpus may make you confident to take financial decisions independently…
Retirement Corpus Planning: Power of compounding provides great reward to an investor who believes in the importance of long-term investment. Investors who enter with a large amount but lack patience and quit the investment race early get little benefit of compounding, but those who make investments for a long time often gather a large corpus…