Tag Archive For "Finance"
How to become smarter about your parents’ health and finances?
The two things that are most important to your parents are your time and their money. Often parents find that their retirement savings to be insufficient and they are left pinching pennies in their sunset years. If your parents are aging and fit the above description, step in as soon as possible. Are they saving …
Rahul Dravid, Saina Nehwal Investment fraud case: How to stay away from fraudsters
Former India cricketer and U-19 team coach Rahul Dravid and badminton Olympian Saina Nehwal were among the celebrities who had parked their funds in a Bengaluru investment firm accused of cheating at least 1,776 investors to the tune of over Rs. 300 crores. The firm lured high-net worth investors with offers of 40 to 50 …
Help your Parents get Retirement-Ready
For the first 30 years of your life, your parents worry about you. For the next 30, you worry about them! Even the idea that your parents are getting older and may need your help physically and emotionally takes some getting used to, but that’s just life! The one aspect you definitely need to think …
3 Most Common Mutual Fund Investment Misconceptions Busted
According to data from AMFI, the assets under management of the Indian mutual fund industry stood at ₹19.04 lakh crore on 30 May 2017. In the past 10 years, the AUM of the industry has gone up by six times, from ₹3.26 trillion in March 2007 to ₹19.04 trillion in May 2017. That is a …
Why are Mutual Funds becoming so Popular?
Seeing too many advertisements promoting Mutual Funds? Well, there’s a reason.. Let’s start off with the context of the Mutual fund industry with some interesting numbers! 100 Lakh Crores The amount in FD’s/Savings accounts 40–45 Lakhs Crores The amount in Insurance Linked Products Cumulatively it’s about 2.31 Trillion USD while the size of the Indian …
Are you making these mistakes that are damaging your Financial Lives?
Indians love to save. We have one of the highest savings rates in the world. At a household level, we save about 24% of our incomes. However, the reality is that our savings are never enough to meet our aspirations. There are few common mistakes that Indians make: 1. Parking their money in fixed deposits …
Best Investments for the 20s (Except Mutual Funds)
Twenties are a great time. You are discovering financial freedom and taking responsibility for your own life. It is also confusing because you are still trying to figure out your place under the sun at both personal and professional levels. The current recommended mode of investments in your twenties is Mutual funds. As far as …
Investing like an Insider: four hidden tricks for you!
Crazy easy tricks to get more from your investments So you start investing! You picked up a good investment platform and a goal or theme that makes sense for you. KYC done and SIPs started. What next? Now is when you need to turn your game on. It is important to stay on track and …
Astonishingly simple financial tasks that First jobbers forget!
Financial prudence is cheaper & easier than you think. Enjoy this giveaway! The excitement and nervousness of one’s first job is incomparable to anything else. It is a heady mix. On one hand, you are eager to start a career and begin earning money of your own. But on the other hand, there’s also the …
Who are you — Speculator or Investor?
Do not let the ‘Speculator’ mindset impact your investments. To invoke Amitabh from the timeless classic ‘Hum’, duniya main do tarah se log paise lagate hain — #1 Jo paise banate hain (Investor) #2 Jo paise lose karte hain! It has not been identified by scientists or psychologists, but by investment experts and financial advisors. ‘Speculator …
Prateek Mehta
Simplifying Personal Finance | Co-founder & CEO, Upwardly.in | Runner | Father | Learner
