Choosing a financial advisor is an important step, for most people, to creating more wealth and financial security. Whether you’re a minor investor who just wants to keep your assets safe or have several thousand dollars to invest so that you can watch them grow, a financial advisor can help you do these things. Remember,…
When should you start considering financial planning? Many young people cannot see the point of insurance and investments, because they feel they don’t need them, or they believe there is plenty of time left. It is only when we see what benefit, we could have had if we had invested those small amounts regularly, do…
Have you very often faced a situation where you needed cash urgently but there was no help in sight? If your answer is a yes, then you should perhaps start thinking about setting up an emergency fund. Yes, you always knew its importance, now it’s time to create one for yourself. Be it an urgent…
A glance at the TV advertisements or any Business news channel will quickly tell you that there is no shortage of firms or individuals who are eager to help you to manage your finances. Of course they offer no free lunches 😉 Still, why do people nod their heads while hiring a professional financial adviser…
What is Reverse Mortgage? A reverse mortgage (or lifetime mortgage) is a loan available to senior citizens. The finance minister of India  introduced this scheme in 2007 which is already well known concept in the West. “Reverse mortgage”, as its name suggests, in simple words is just the  opposite of a normal housing loan.  Image…
The extreme volatile conditions in the recent past in the markets have led to hysterical selling by many investors. And this panic-stricken selling is not limited to stocks alone. There were many investors who have redeemed their mutual fund schemes and have stopped their monthly SIPs too. However, if you look at it from the…
Let’s face it. You will not be able to work forever. No matter how healthy you are, there will come a time when you will not be able to work, due to health problems or simply aging. What will you do for an income when the time comes to retire? This is why planning your…
Stock Markets viz. Sensex and Nifty are on the Surge again after watching the downside taking down to the October Lows. You could be wondering if you should still invest in equities and go through the uncertainty from time-to-time. Tell you what, YES, you need to invest in equities. Long-term equity investing as an asset…