Albert Einstein said, ‘Compound interest is the eighth wonder of the world. He who understands it, earns it, he who doesn't, pays it.’ So, the compounding effect on a regular investment of a small amount over the long term can help you to accumulate a large corpus. Often, many individuals
The government offers several ways to legally reduce your liability and save taxes. There are various tax-saving avenues where you may invest your money to reduce your tax liability. You have two options to save taxes; the first is tax deduction and the second is tax exemption. In this article,
Financial independence is everyone’s dream and one way to achieve it is by investing in different types of products like mutual funds, fixed-income securities, shares, and much more. You may often look for different options to determine the returns offered by various investment products. However, you may not know
Mutual funds are a low-cost and transparent investment option. However, choosing from different schemes can be a daunting task. Moreover, a low-performing fund can reduce the overall returns on your portfolio. Over the last few years, index funds have gained popularity for offering significant returns in the long run. Read
Portfolio diversification across different financial products helps mitigate investment risks. You may invest in different asset classes, such as debt, equity, gold, real estate, and others. Furthermore, you may pick from different products within the various asset classes. If you invest in equities, choosing shares of different companies with varying
If you are looking for ways to grow your money, you may consider putting it in mutual funds. Wondering what are mutual funds? We have got you covered. This type of investment is made by Asset Management Companies (AMCs). They collect money from institutional and individual investors and put it
If you are reading this article, it is time to pat your back because you have already won half the battle. Deciding to start investing is the best step forward to a financially secure future. But what is investment? In simple terms, it is the process of putting your surplus
The stock market is where people can buy and sell shares and stocks of any listed company. A share signifies part ownership of a company. The stock is the entire collection of its shares. When you buy shares of a company listed in the stock market, you can make profits
Experts have been saying for years that young professionals must consider investing money as early as possible to generate high returns in the long term while minimizing risks. But one of the most prominent challenges of investment for beginners is deciding where to put their hard-earned money in. Mutual funds