Three things not to do when linking your equity mutual funds to your long-term goals The point of this article though is to make sure, that irrespective what you think your definition of “long-term” is, you don’t do the following when linking your goals to equity mutual funds.
If you need to use your emergency fund because of a job loss, how should you go about it? Here’s an approach you can consider to make sure that you use this fund optimally, in the unlikely event you are forced into unemployment temporarily.
Want to change funds? Start a SIP in the replacement fund first. There are three good reasons why moving from one fund to another en masse is not a great idea.
Is it a good time to invest? With the scenario worsening, there is one question on top of every mutual fund investor’s mind – Is it a good time to invest?
Your equity mutual fund portfolio faced a market crash – What to do now? If you started investing in equity based mutual funds over the past 4-5 years, the current state of the markets, thanks to the already afflicted Indian economy and the global COVID -19 pandemic, must be nothing less than shocking to witness.
In market crashes and crises, remember this At the risk of sounding pedantic, I would like to remind my fellow investors of only one thing. Equity is ownership of companies involved in the economy of our nation and the world. Many of the companies you and I own indirectly through equity mutual funds have seen terrible times that many of us aren’t old enough to remember.
Want to know if you can really afford something? Try saving for it. When we are wondering if we can afford something, the simple mistake most of us make is that we think in terms of our monthly earnings.
How should I plan my investments for 2020? Here’s a quick checklist for getting a head start on your financial planning for the year.
Should you use monthly savings meant for long term goals for short term unanticipated needs? I have an unanticipated expense coming up during this year, but I don’t want to touch my emergency fund. I still have a few months till I need the money and I want to transfer some of my savings from equity SIPs to a debt fund temporarily. Does this make sense?
Till when should I rent? When should I finally decide to buy an apartment? Many argue that why not own your own place considering the high rents? We want to counter that, renting may be the wiser approach until you reach a particular financial position.
Save more or chase “returns”? What works better? When I started investing myself, I too believed in these metrics blindly and chose based on that. It took many years of learning and real-life investing experience for me to realise a subtle truth. That truth was simply that growth rates matter but they are still subservient to one key factor which is much more in your control than the markets.
What does “good equity investing” mean in 2020 and beyond? What is more important for investors like us amidst all this news is knowing what constitutes “good equity investing” now? What will get us to where we want to reach given the money we earn and have?
