Financial management begins at home, right from the time you start getting your pocket money to when you manage and maintain complex investment portfolios. The idea is the same – to maximize profits and reduce risk. However, the ultra-modern way of living and maintaining an unbalanced lifestyle has not left much space for managing finances. ...

A peak to trough drop of 20% or more in US large cap stocks is referred to as the bear market. This is a time when the prices of securities drastically fall. Although it is hard to predict a bear market and how long it can last, the 2020 bear market can be easily linked ...

Your 50s are a significant time in your life. This is the time when you are well settled and probably at the peak of your career. But this is also the time when you are nearing retirement and need financial security more than ever. Investing in your 50s becomes crucial to strengthening your retirement nest ...

All our lives, the one apparent motive that we strive for is financial security. We work, save, and invest only to keep our future secured, as uncertainty knows no bounds. People are always taught to be prepared with adequate savings and funds that bring security and provide tangible assurance. However, with a multitude of investment ...

The 21st century has been quite an interesting time for people from all walks of life. Whether it is politics, entertainment, business, or finance, the world has seen many surprises, advancements as well as downfalls. The finance industry, in particular, has seen several economic downturns and crashes and has also successfully recovered from them. The ...

The idea of any investment being risk-free is nothing but a farce. The degree can vary from one investment to another, but risk in investment is omnipresent. There also exists a popular conception of risk-reward, which follows the simple principle; ‘the higher the risk, the higher is the reward at the end’. But not many ...

Little drops of water make a mighty ocean. Recent statistics show that 30% of Americans older than 55 have no retirement savings and almost 75% over the age of 40 are not meeting their retirement goals. People often presume that investing requires a lot of money, and thus, keep delaying the process. In reality, investing ...

At different stages of life, people have different goals, savings, investments, and expenses. They also have a different appetite for risk. Financial planning is a dynamic activity and it becomes necessary to invest only after researching well about investment plans and strategies that are best suited for one’s age.   If you reflect back on your ...

When it comes to spending, there are two kinds of people – minimalistic and frugal. Even though minimalism and frugality are different, they tend to intertwine now and then. Normally people tend to be frugal in their youth and turn to minimalism in later stages of life. Some try to balance the two together. Either ...

Picture this: You have a steady job and the income you receive at the end of the month goes in paying bills, funding needs, and splurging the little that is left. Amidst the daily routines of life, have you ever stopped to think where exactly your wealth is going? It is easy to say that ...