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 concept 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 ...

The road to retirement is long, and even after you get there, you have many years ahead of you! According to a recent Huffington post, there has been an increase of 44% in the number of centenarians in America since 2000. With 70s being touted as the new retirement age, if you are in your ...

Certified financial planner, Mark Singer, wrote in his book, The Changing Landscape of Retirement – What You Don’t Know Could Hurt You,   “I feel that one of the most important lessons that can be learned is that what we “see” may be different than what is actually in front of us.” Retirement planning can be ...