Essentially, they are equity-funds which invest their entire portfolio in stocks of a particular sector. For instance, pharma funds invest only in stocks of the pharmaceutical industry. While they may have a diversified equity portfolio, they are riskier than a plain-vanilla equity fund that diversifies investments across sectors.

Saving need not be a boring activity where you grudgingly knock off your expenses and live sparingly to achieve your savings goal. It can be fun if your family joins hands. Using creativity can make it much more interesting.

A disciplined approach to investing can overcome emotions. Spell out your long-term financial goals and make a concrete investment plan to achieve it.

Visualization technique is a technique for performance improvement. Sports legends like Michael Jordan and Tiger Woods have used visualization to push their performance limits. This technique can be used in all walks of life including, achieving financial goals.

While providing emotional support to kids is a lifelong activity for parents, financial support needs a boundary, lest it jeopardize your retirement goals.

As you embark on a new journey, follow these financial tips for a smooth transition.

Online shopping has become quite convenient and pocket friendly. By using a few smart tips, you can benefit a lot and save quite a bit as well. Follow these steps, to make the most of the shopping on Sale days.

It’s like asking if it’s too late to get into a relationship. It depends on what stage of your life you are in. Just like when building a good relationship, you invest knowing your expectations – through the ups and downs.

Being self-employed has the challenge of dealing with a fluctuating income - a fat cheque on some months and smaller amount on other occasions. Under such circumstances, how does one save and invest to achieve one’s long-term financial goals?

They often buy things that they don’t need. And without control over their spending, they land in financial trouble.

These funds are touted as one-stop-solution for meeting your specific financial goals. What are these funds? And is it advisable to invest in these goal-dedicated funds to achieve your financial goals?

Before you make up your mind to walk the aisle and exchange vows, ask if you are financially ready?