While saving offers easy access and security to your money, investing helps you in creating wealth by providing higher returns. Your decisions to choose between saving and investing should depend on your financial goals.
Accumulating Rs. 1 crore can be really easy if you know what to do. The key is to draw up a plan and stick to it. #crorepati #budget #savings #investments
Little drops of water, make the mighty ocean. A recurring deposit (RD) works on the same principle by helping you save small amounts regularly, so that you can accumulate wealth over time.
These plans have a hybrid shade, which means that the money sourced from the investors would be parked in both equity and debt markets. Read more about these retirement plans.
Equity arbitrage funds are one of the best ways to reap the benefits of a volatile market without taking on too much risk. Here is a quick guide to arbitrage funds.
While investing in Mutual Funds, knowing which scheme to invest in is not enough. Read this space to know about the kind of companies these schemes invest in.