Investments

Retirement Planning: How to achieve early retirement bliss? A step-by-step guide

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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 … Read more

How to set financial objectives to progress towards your financial goals? Here are 4 key ways

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“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 … Read more

How to protect your investments amidst growing concerns? 6 key lessons from Groww’s incident

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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 … Read more

How to navigate stock market trends? Here are 6 key strategies for investors

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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 … Read more

How to create a fool-proof will to ensure a smooth inheritance

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“This experience made me realise how important it is to create a will. It took me more than two years to get all assets transferred in my name,” says Chopra.  There is no official data on how many people have created a will in India. In an independent survey of 467 people, online will-making platform … Read more

Locked out of the US housing market? Here’s how to win ‘revenge’ in the meantime

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Hacked off with soaring housing costs and stubborn mortgage rates? Disgusted by skimpy supply and the fierce bidding wars that are now required to find a decent place to live?  If you’re looking for revenge, buy mortgage-backed securities. No, investing in these lesser-known financial instruments won’t directly cut high housing costs. But it will position … Read more

How to stay protected from pig butchering financial scams? Here are 7 key steps

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In simpler terms, pig butchering is a version of smishing where scammers use social media platforms for cyber theft. As the name suggests, the victim is being ‘fattened up’ through validation and friendship before ‘butchering’ i.e. stealing of funds. A simple ‘Hi/Hello’ on a social media platform from a stranger’s profile can turn into a … Read more

How to manage your anticipated salary appraisals?

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This season marks the period when employers are actively evaluating their employees’ performance before determining their respective appraisals. The appraisal review often results in a salary increase for many, creating opportunities for financial growth. Achieving a salary increase is a significant milestone, but it’s crucial to employ a strategic approach in utilizing those extra funds. … Read more

Of tax-saving investments: here’s how to pick the right ELSS fund

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Tax-saving investments are an essential part of financial planning, and equity linked saving schemes (ELSS) have gained popularity for their dual benefit of tax savings and potential wealth creation through equity investments. However, picking the right ELSS fund is not that straightforward, given wide range of options available, across different fund houses. Here is a … Read more