Which works better – Age based or goal based asset allocation? There are two schools of thoughts, for asset management. First, is age-based asset management and second is the goal-based asset management. Let’s see what they mean and which works better for you in the modern world of investing.
Planning for Home Loan down-payment? Let this MF strategy help you Applying for a home loan isn’t difficult, thanks to online applications. But did you know that as per RBI rules, you need to cough up 20% of the total loan amount as a down payment?
Four scenarios when six months Emergency Fund rule doesn’t apply Most financial experts recommend putting aside six months of expenses or four months of salary as emergency funds. Afterall, it’s important to be prepared for contingencies that can be life-altering. However, this rule may not hold true for everyone. Here are four scenarios where this rule doesn’t apply and what you should do.
Seven habits of highly successful investors Successful investors are really ordinary people who think a little differently. They just have different financial habits.
Happily unmarried and investing. Marriages may have been made in heaven, but there is a lot going for singles today. Firstly, you don’t have anyone telling you what to do, and secondly you don’t have anyone messing with your plans.
What is a top-up SIP and how does it help? A Top-up SIP offers flexibility to your investment enabling you to bump-up the monthly investment amount. It can be either a specific percentage of your original SIP amount or even a predetermined fixed amount.
