Personal Finance - Angel One - Page 172

Most of the investment advice we get – from our parents, from the insurance ads we see on TV and from neighbourhood “investment uncles” or financial advisors – relates to long term investment. But which millennial has time for that? We only live once and there is no time to lose worrying about what will …

As a long-term investor, you will have to understand that your strategies will differ from someone who is trying to make short-term gains in the market. Of course, you should not trust anything that most people say in the stock market, simply because your requirements are unique and the person giving you the tip might …

Mutual Funds are one of the most preferred investment instruments. The two most common phrases that depict mutual funds create the essence of it, i.e “Mutual Fund Sahi Hai” and “Mutual Fund investments are subject to market risks”. It means that Mutual funds are both a great investment option and come with a certain amount …

Almost every Indian understands the cultural and religious significance of Dhanteras. It is hard to miss the fact that this day is considered auspicious for buying precious metals (which today also includes cars – fair enough, an automobile is crafted mostly from metal and is typically expensive). It’s difficult to avoid this fact because shops …

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 …

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 …

Investors have pulled out of equity and equity-linked mutual fund schemes for the eighth month in a row. This, as the BSE Sensex and the NSE Nifty, have seen sustained positive performances ever since the crash of March 2020. Equity and equity-linked mutual fund investors pulled out a net Rs 10,468 crore in February following …

Unabated inflows by foreign institutional investors coupled with liquidity measures taken by the government and central bank have pulled the benchmark equity indices BSE Sensex and NSE Nifty to their all-time high levels despite the ongoing uncertainty over Covid-19 pandemic. The 30-share pack Sensex has gained 97% to 52,549-mark from the closing low of 26,674, hit …

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 …