Most of us have read stories of Akbar and Birbal in our childhood, and even now, if you get an opportunity to read, certainly, you won't deny. Each one of these tales not only brings joy in your life but also teach beautiful life lessons in a fun manner. At times, these Akbar and Birbal Stories make readers understand the fundamentals of Money and investment. All of these … [Read more...] about Best Investing Advice you have Received?
While it is always suggested to “Hold your Mutual Fund Investments” for the long term, when it comes to investing in equity funds, for potential returns. However, there are some instances when redeeming an equity fund is a must. My fund has not been giving any returns since last few months, should I exit? Now my fund has gone up, should i book profit and redeem from … [Read more...] about When Should you Redeem your Mutual Fund Investment?
There is one famous Chinese story which would relate to this question of why it's being repeated by experts that begin investing at an early age. Here's go like this- "The seed of a bamboo tree is planted, fertilized and watered. Nothing happens for the first year.There ́s no sign of growth. Not even a hint. The same thing happens - the second year. And then the third year. … [Read more...] about Why You Should Start Investing at Younger Age
This is the most asked question you might have heard from the Investors, especially in this market correction. The Market is not doing good from the last one year, and as a result, SIPs in Mutual funds giving negative returns. However, if you keep investing in them for a very long term, you can create a lot of wealth for you. Why do we say so? That's because it's … [Read more...] about Has anyone become rich by investing in SIP?
This question that is most often you may hear during a Tax saving season. Where should i invest for Tax saving — ELSS or NPS? ELSS or NPS An ELSS which stands for Equity linked saving scheme, which is a diversified equity fund that invests in equity market across the market size, and along with giving you an advantage of saving tax under sec 80c of the Income tax act. This … [Read more...] about NPS or ELSS — Which one is better?