Exclusive Interview With CEO Of factoHR, Mr. Aniruddh Nagodara On HR Trends In 2024
25 April 2024
Senior citizens, especially new retirees with a substantial nest egg, are easy victims when it comes to mis-selling of financial products. Awareness and knowing how to spot the danger is the only way to protect yourself
However far retirement may appear to be, it’s important to start early and start now to accumulate an adequate corpus. If you have reached your golden years already and have a nest egg, make it work harder for you to ensure it lasts a lifetime
Retirement-oriented mutual funds come in multiple variants that help in wealth creation, regular income generation and everything in between
New changes are geared towards meeting retirement goals of today’s young investors, says PFRDA chairman Supratim Bandyopadhyay
The holding period should ideally match the fund’s duration. Keep an adequate horizon and distribute your money into debt funds of various maturity buckets
Buying during dips entails holding money on the sidelines to enter during a crash
Arnab Chakraborty overcame his hesitation based on a previous bad experience to build a portfolio that has stood the test of time and helped him meet his financial goals
‘Misleading ads’ is a concern across the financial industry. It’s important to heed the disclaimers and read the fine print and not get led on
If the burden of loans is too heavy to bear, take strong steps to first pare it down and then resolve it fully
A look at where you will pay the lowest EMIs for home, car and personal loans, and get the most out of fixed deposits
Getting an education loan to study abroad can be complex. Know the challenges and how to overcome them, but don’t forget to assess whether it’s worth going for that loan in the long run
As Life Expectancy Increases, A Retiree Must Ensure That His Money Outlasts Him
The key to retiring early is to create wealth over the long term through early investments so that one can get the benefit from the power of compounding
Both timing and selection are crucial. The funds selected should remain relevant for the long term, while also outperform the broader market index
Emotions might dictate you to stay away from risky assets like stocks, but strategic investment in equities always has the potential to create wealth in the long term
Investing just a small part of earnings makes a big bang in returns
Asset allocation depends on a variety of factors such as personal circumstances, age group, but mostly on your goal-based needs and their time frames
Many women are not very comfortable with investing. For them, the best way forward would be to take part in the family’s financial planning process and learn
