For first-time investors, embracing mutual funds involves understanding risk tolerance, educating oneself on fund types and strategies, and setting clear financial goals. Starting with self-education, including resources like AMFI’s website, investors should deliberate on investment frequency and amounts before choosing suitable funds. Assistance is available from advisers and financial institutions for the application process.
Category: wealth management
Value Averaging – Don’t Miss out on Simple Investment Tricks
How to Make the Most of Your Investments with Value Averaging – And When to Book Profits Simple Personal Finance Tools There are some easy to use personal finance tools out there which actually make our money work well. All it needs is some modest financial planning and a small investment of time. However, due… Continue reading Value Averaging – Don’t Miss out on Simple Investment Tricks
Robo Advisors – Do they Make Investments Easier?
Will Robo Advisories have an impact in India?
How is a Fee Only Investment Advisor Better?
A fee-only investment advisor charges clients directly for financial advice, avoiding conflicts of interest by not receiving commissions from product companies. As per SEBI regulations, advisors should act in clients’ best interests and disclose conflicts. Clients are urged to inquire about potential conflicts and commissions when seeking advisory services.
4 Tax Tips for Salaried Employees
Here are some ways and means to plan your Tax, know your Tax Rate, and stay on top of paying the right amount of Tax