Retirement planning is crucial for everyone in a country like India which has a very weak social security net
It has been repeatedly witnessed that if an investor follows asset allocations diligently and remains invested for a full interest rate cycle he/she is likely to sail through it easily and reap the benefits of the highs and lows of the interest rate cycle, said Mahendra Jajoo, CIO – Fixed Income, Mirae Asset Investment Managers (India)
Though one should not totally dismiss cryptocurrencies as an investment option given the high volatility and the lack of regulation, investors need to be careful while considering investing in these digital currencies
Untimely death in the family is devastating. However, once the mourning is over, families have to get back to normal life
A sharp cut in interest rates on small saving schemes will end up punishing the common man. The schemes are generally used by those who are not savvy at money management and stay away from other investment instruments.
Those betting big on thematic funds should be cautious. Thematic funds are high-risk investments even within the equity category. They bring in concentration risk where companies in one sector may sink or swim together
Since insurance is an added benefit, it is a good feature to have. But do not invest in a scheme just because it has insurance cover with it
Experts feel the yellow metal will remain muted for the coming months but the long term picture remains bright
The unfolding situation in the country is surely going to get much worse before the curve bends the other way for good. Lockdowns and other restrictions, however selective, will surely impact the growth engine
Never let money sit idle in your account. If you can put it to the best possible investments as early as possible, then you get more time to compound it