How to protect yourself from financial scams? Here are 7 ways
“Get 12% assured returns on a monthly basis!” “Earn 120% annual returns with zero risk!” These are some of the classic hooks used by fraudsters to lure unsuspecting investors with promises of extraordinary returns. Sadly, these scams often target regions with low financial literacy, like the Northeastern parts of India. Recently, Guwahati Police arrested several […]
From young investor to seasoned pro: How to evolve your strategy with life’s changes
As you move through the various stages of life, your financial needs, goals, and risk tolerance naturally change—just like the terrain you’re driving through. What worked for you in your 20s might not be the best approach in your 50s. That’s where life cycle investing comes in. It’s a strategy that adapts your asset allocation […]
Tax-efficient investing strategies: How to maximise returns while minimising tax liability?
Most investors approach us with a request that they want to invest because they want to save tax under section 80C. This is especially true during the last quarter of the financial year when they are under pressure to submit tax-saving investment proof to their organisation. Benefits of ELSS Equity Linked Savings Schemes (ELSS) is […]
Avoiding active funds? Here’s how to build an all-passive mutual funds portfolio
When you invest in mutual funds, you have the option to choose from passive funds (which replicate existing indexes without the fund manager’s intervention); or go for active funds (where the fund manager decides where to invest). While there are merits and demerits of both, often investors choose one side and then become quite vocal […]
Breaking the cycle: How to stop money worries from affecting your mental health?
Have you ever wondered, “Where did all my money go?” and “How should I plan my savings?” and found yourself spiralling into anxiety? Financial stress is a common struggle that can affect anyone, regardless of income level. Constant worry about unexpected expenses or debt can affect your mental well-being. It’s important to recognize the signs […]
How to freeze your trading account in response to any suspicious activity?
The recent incident known as the “Groww fiasco,” where a Groww user claimed that the investment platform did not invest their money in a mutual fund as displayed on the app, sparked significant concern among mutual fund investors, particularly those using brokerage firms. Screenshots of the user’s complaint were shared on social media, raising questions […]
Retirement Planning: How to achieve early retirement bliss? A step-by-step guide
Early retirement can indeed be a cherished goal for many individuals, despite the challenges that may accompany its pursuit. Early retirement necessitates accumulating enough savings to sustain oneself potentially for decades, demanding considerable financial discipline and sacrifices, particularly for those early in their careers. Also, medical expenses can significantly deplete retirement savings, especially in the […]
How to set financial objectives to progress towards your financial goals? Here are 4 key ways
“The Almanack of Naval Ravikant” underscores the importance of setting a clear goal, particularly in the realm of business. Naval Ravikant’s approach to achieving wealth and financial success is distinctive because he emphasizes personal growth as a crucial factor for professional achievement. Having a defined financial goal is crucial as it guides decisions on earning […]
How to protect your investments amidst growing concerns? 6 key lessons from Groww’s incident
The recent backlash faced by the financial services platform Groww serves as a stark reminder of the potential risks associated with digital investment platforms. A user accused Groww of fraudulent practices after an investment made through the app allegedly failed to reflect accurately in mutual fund records during redemption. This incident has not only raised […]
How to navigate stock market trends? Here are 6 key strategies for investors
Utilise data and analytics In today’s fast-paced investment landscape, using data and analytics is a powerful way to stay ahead of market trends. In today’s digital age, using financial datasets and sophisticated financial models using advanced analytics will help you stay ahead in the game. Advanced analytics tools can help you data crunch to identify […]