Personal Finance Articles

Plan Your Retirement

Retirement Planning

Retirement planning is an essential part of financial planning. An increase in average life expectancy increases the need for retirement planning. Planning  for retirement not only ensures an additional source of income but also helps in dealing with medical emergencies,...

wealth creation

Wealth Creation – Meaning, Importance and Investment Plans

What is wealth creation? Wealth creation is the process of investing in different asset classes where the investments will help in fulfilling  key needs. These investments should also be self-contained that can generate a stable source of income, helping one...

what is sensex

Sensex- Meaning, Calculation and types of indices

Introduction We constantly come across in the news that Sensex has soared. Or the market has fallen, causing fear in the mind of investors. Sensex shot up by 500 points. But what exactly do market and Sensex mean? Why is...

advisor

Financial Advisor – Definition, Types and Role

Financial advisors are experts in managing the money of an individual. Right from devising an emergency fund plan to constructing complex investment portfolios, they do it all. They also play the role of educators by educating their clients about the...

underwriter

Underwriter

What do you mean by the underwriter? An underwriter is a party or a risk expert who evaluates the risk or creditworthiness of another party. He also assumes or guarantees the creditworthiness of the other party in exchange for a...

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inflation

Inflation Meaning

What is inflation and how it works? Inflation is an economic indicator that indicates the rate of rising prices of goods and services in the economy. Ultimately it shows the decrease in the buying power of the rupee. It is...

standard deviation

Standard Deviation

What is the standard deviation? Standard deviation is a statistical measure that quantifies the spread of the individual dataset from its mean. Here, the mean is the average of the dataset. If a dataset is further away from its mean,...

bse sensex

BSE Sensex

As an investor, it is imperative to understand the terms that form a bedrock of the Indian Stock Market. The terms such as BSE, what is an Index, what is Sensex, how to calculate an index, what is Nifty 50,...