In any financial well-being session, the part which gets the audience visibly excited is when the talk on investing begins. This is not surprising because we all want to create wealth, be richer, and have more money to spend. While it’s true that identifying the right type of investment goes a long way in your … Read more
Have you ever stopped to think about where your earliest lessons in money management came from? While we often seek financial education from external sources, the most impactful teachings often originate right at home, courtesy: our mothers. Our growing up years are filled with images of a small piggy bank, mom’s old purse with a … Read more
Diversification as we all know at a high-level is aligning negatively correlated assets in one’s portfolio to insulate the overall performance from vagaries of any particular asset class. By including equities, fixed income, commodities and real estate one can easily get the best of all worlds but more importantly cushion against the uncertainties in any … Read more
We, Indians, hold our traditions and cultural beliefs very close to our hearts, finding significance in the rituals that shape our lives. The auspicious festival of Akshaya Tritiya, falling on the third day of the Hindu month of Vaishakha, carries a sacred message of prosperity and success. Hence, purchasing gold on this day is considered … Read more
ThisThiruvananthapuram-basednon-banking financial corporation (NBFC) has launched a fresh issue of secured redeemable non-convertible debentures, which will close on May 17. The face value of NCD is ₹1,000. The minimum application requires investors to invest 10 NCDs, i.e., 10,000, in multiples of ₹1,000. The issue is meant to raise ₹50 crore with an option to retain … Read more
What is the 3-bucket strategy? The 3-bucket strategy involves appropriating your retirement corpus into three separate investment buckets to cater to your cash flow needs during different periods of the retirement years. Each bucket is based on a specific time horizon and serves a specific purpose. The strategy ensures you keep getting regular cash flows … Read more
Gifted money does not impact your CIBIL score in a direct way. But it can, and does, affect the score positively in the following scenarios: you invest the gifted money into a scheme and improve your financial situation, use the gift received in cash to retire a debt, or use the same to give the … Read more
There’s chemistry that sets the hero literally on fire. Witty repartee through the film that will make you smile as you munch on popcorn (cheese and caramel for me!). There’s non-stop action (and not CGI) that will make your jaws drop (watch out for the popcorn!). And yes it is perhaps a coincidence that the … Read more
SEBI’s move has made bonds easily accessible to retail investors, and at this time, when interest rate reversal is expected in the markets, experts say Indian retail investors should look towards bond investments along with their equity build-up. Also Read: Will investing in bonds be made easier in India? How will SEBI’s move impact the … Read more
Shares of REC surged 9.5 percent in intra-day deals today, May 2 to hit a new high of ₹555.45 on the back of strong March quarter (Q4FY24) results. Including today’s rally, the stock has extended gains for the eighth straight session, soaring 30.5 percent in this period. The PSU (public sector undertaking) company posted a 33 … Read more