Diversification is important in financial planning. Invest in multiple financial instrument is important to get better returns. The investments should be on gold, bonds, stocks, real estate and mutual funds for better returns. This post we would discuss long term funds for more than 5 years to get better returns. Diversification is of paramount importance. We can invest on mutual ...
In India, most of people confuse insurance with investment. They invest all their money in LIC and expected to become rich. Insurance never make you rich. In this post how you are financially smart. Most of the times, people may not require life insurance plans. Health insurance and term insurance would help them in case of emergency. If you have ...
To become rich, diversification is more important. Investment should be in stocks, mutual funds, real estate and gold. You should have 20% to 40% of your investment in gold. Gold is considered as best safest investment in India. Gold is considered as investment, usable ornaments and emergency funds. Keep the emergency funds in gold and you can pledge the gold ...
Mutual funds SIP is best tool for long term wealth creation. It is systematic investment option by investing monthly in equity market. Moreover Tax saving(ELSS) mutual funds offers investment and tax saving in income tax act 80C. ELSS mutual funds provide both the advantage of investment and tax saving. Along with these, ICICI offers no cost term insurance for certain ...