Experts often warn investors against putting all their eggs in one basket. This is why diversification of portfolios has been touted as the best strategy for long term investments. Mutual funds are a great way to diversify your portfolio. They are generally classified according to their asset class. These funds are called equity funds if ...

Investment on knowledge is the best form of investment, and savings as they say, is the prerequisite of investment. With college prices already soaring and expected to further sky rocket in the future, the best time to save is now. As per estimations by financial experts, for today’s newborn, the cost of college would be ...

“The more you learn, the more you earn.” This simple mantra should be your guiding torch throughout your financial journey. There is no single best way to make secure investments. It is only with good knowledge about different strategies that one can come to a prudent decision. There could be two approaches to learning: The ...

Traditional pensions are on the decline in the United States of America, and most citizens are tasked with the responsibility of saving up towards their retirements. Relying heavily on 401(k) plans and IRAs, the retirement sphere is in shambles. This is because an expected one-fourth of working Americans have no retirement savings, including 13% workers ...

One of the most important deciding factors behind any financial strategy is time. You may think that inflation, economies, and markets affect your financial goals, but it is time that steers all of these factors and ultimately your financial plans. People like to keep different time- based goals that they hope to achieve in their ...

Early retirement is increasingly gaining popularity with more and more people wanting to retire in their 30s and 40s, as opposed to waiting until their 60s and 70s. However, the concept of early retirement is also criticized by a few. Many financial advisors who back up the notion of early retirement believe that in order ...

A company is made up of different employees. Some are fresher trainees, just starting out their careers, and some are high ranking officials with years and years of experience. Every company has a different set of regulations while dealing with different categories of employees, based on their qualifications, departments, time spent in the company, salary, ...

Recession is defined as a prolonged period of decline in economic activity. Typically, if the economy suffers from two consecutive quarters of negative gross domestic product or GDP, it is considered to be in recession. As per businessman and financial commentator, Jim Rogers, recession is an unavoidable part of the market, and hits the economy ...

Artificial Intelligence or AI has taken the world by a storm. Going by the recent trends in technology and human acceptance and dependence on it, the time when robots completely and automatically devise financial plans is not too far away. British physicist, Stephen Hawking, once said, “The development of full artificial intelligence could spell the ...

Contrary to popular belief, an income is not just limited to your pre-retirement days. It is also an essential part of your life post retirement. You spend all your life, saving your money in different types of retirement accounts and schemes. Every account or investment has a different rate of interest, maturity period, tax benefit, ...