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Passive Income for Beginners: A Complete Guide to Getting Started
Passive income is an effective approach to create revenue without requiring active, day-to-day involvement. This
IUL 101: A Comprehensive Guide to Indexed Universal Life Insurance
Introduction to IUL Insurance Indexed Universal Life (IUL) insurance is a type of permanent life
Top 10 Smart Money Management Strategies for Small Business Owners
Managing funds is one of the most essential tasks for small business owners. Without a thorough
Building Your Diverse Passive Income Portfolio
With the economy changing so quickly nowadays, achieving financial independence is becoming a real goal that many people strive for. Building a diverse set of passive income streams is one of the best strategies to achieve this goal.
How Angel Investors Help Startups to Scale and Succeed
Acquiring the capital required to launch a firm could turn out to be an enormous challenge in the dynamic realm of startups when the concept of angel investors is not available. In the past, when someone needed money, they would go to venture capitalists or large banks. However, a new player has entered the scene: the angel investor.
Emergency Fund – It’s Need and How to build it?
Having an emergency fund can greatly reduce your worry when unforeseen expenses come in an uncertain world. This safety net, sometimes referred to as an emergency fund, is crucial to your financial security and is not merely a nice-to-have. A lot of people don’t realise how important having an emergency fund is until they find themselves in a financial bind that might have been partially or completely avoided with a little bit of careful planning ahead.
US Share Market – A hope for the Investors
The legendary indexes of the US stock market, which include the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite, have long been admired for their growth potential and durability. However, a number of events that have rocked the financial markets in recent years have included trade conflicts, political upheavals, worldwide pandemics, and economic recessions.
Tax Benefits, Exemption, Subsidy on purchase of Electric Vehicle (EV) – Sec 80 EEB of Income Tax Act and FAME India scheme
The Fame India Scheme was launched by the Indian government in 2015 to encourage the use of electric and hybrid
Basic Concept of Mutual Funds i.e. what are mutual funds?
There are large number of people who wants to invest their money but doesn’t have expert knowledge of investment. Also these are mainly small investors who can’t afford expert fees for investment advices. Mutual funds help such investors to invest their money safely. As mutual funds have enough capital they hire an expert finance professionals for taking investments decisions. The funds collected from investors in mutual funds are invested by the fund managers in different financial assets such as stocks, bonds, and other assets, as defined by the fund’s investment objective. In return they charge a small fees from the investors. These fees charged by mutual funds are regulated by Securities and Exchange Board of India (SEBI). Investors have different investment goals like some may want to plan for retirement while some may want to plan for financing their children’s marriage, etc. Mutual funds provide variety of plans to cater diversified needs of investors.