Investing is not a one-size-fits-all activity. Different people have different goals, needs, and preferences when it comes to saving and growing their money. That’s why it’s important to consider your life stage when making investment decisions. Lifestage investing is a strategy that adapts your portfolio to your changing circumstances and objectives. It helps you balance …
Retirement should be a time to embrace leisure, pursue passions, and spend quality time with loved ones, not fret over finances. But in India, navigating the post-retirement income landscape can feel like solving a complex puzzle. Worry not, in this article, we uncover the diverse streams of monthly income you can tap into for a …
Facing the challenge of securing a personal loan with a low credit score can be a daunting task, but it’s essential to remember that it’s not an impossible feat. Your credit score, often represented by the CIBIL score, is a critical factor that lenders/banks consider when assessing your eligibility for a loan. However, there are …
Retirement is a major financial milestone. It’s a stage that every working individual may go through, irrespective of whether they are salaried or self-employed. You, too, may already have a specific retirement age in mind. If you are a salaried professional, the retirement age is typically 60 years. Now, with the Financial Independence, Retire Early …
India celebrates its 75th Republic Day on January 26, 2024, marking the 75th anniversary of our constitution’s establishment. Over the 75 years, we have made massive strides in various sectors. Consequently, India is one of the fastest-growing economies in the world, with a projected GDP growth rate of 6.2% in 2024. We have a large …
Every investment invariably comes with associated costs such as commissions, management fees, administrative expenses, and, notably, taxes. Among these, taxes often take the largest share of your investment returns. However, there’s a silver lining: through tax-efficient investing, you can reduce your tax liabilities and boost your net earnings, whether your goal is retirement savings or …
In a world where financial stability often feels like an elusive dream, pursuing true financial independence stands out as a beacon of empowerment. Picture this: the ability to make decisions based on choice, not necessity, and the freedom to sculpt your life according to your aspirations. Achieving financial independence is not about amassing unimaginable wealth …
January isn’t only a time for resolutions; it gives an opportunity to start the groundwork for a successful year. Transforming 2024 into a year marked by wise financial choices is both feasible and straightforward to put into action. In this article, learn about the key strategies to help you make informed investment decisions and maximise …
The Indian markets showcased significant strength throughout 2023, particularly in the final months, demonstrating a remarkable rally that broke previous records. Even as we step into 2024, the Indian markets continue to trade positively. However, today’s trading session is marked by volatility. Historical data suggests that January tends to be a challenging month for traders …
The average FD interest rate in India dropped from 10.50% to 5.90% in the last 20 years, that is, from 2000 to 2023. This has been impacted by the significant change in financial market conditions, the policies of RBI, and the country’s economic conditions. For retail and novice investors, Fixed Deposits (FDs) have traditionally been …
