Mutual funds are one of the most sought-after investment avenues when it comes to generating an alternate source of income. However, to a newcomer, the different terms associated with mutual funds could often be confusing. One such confusion is between Systematic Investment Plan (SIP) and Equity Linked Saving Scheme (ELSS). While ELSS is a vehicle to […]Read More The Truth About Equity Linked Saving Scheme (ELSS) and SIP
This reminds us of a quip from Charlie Munger (Warren Buffet’s right-hand man) that really sums up ideal behavior when it comes to managing your money. “It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.” Ask us and […]Read More Most Common Mistakes People Make While Investing
Whether one should invest in real estate or mutual funds is a question that haunts many minds. However, it’s impossible to answer this question truthfully without knowing the exact circumstances you are in. For the sake of understanding let’s assume that you are buying a house for investment and not for consumption purposes. Having assumed […]Read More Should you invest in real estate or mutual funds?
Beaches, mountains, treks, road trips, stay-cations, or whatever else comes to your mind when you think about a vacation. They all have one thing in common. Planning! Anyone who has ever gone on a vacation will know that planning a holiday is no picnic. It takes a lot of time effort and of course MONEY […]Read More Invest your money for a great holiday