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Showing posts from April, 2018

Decoding Sip Investments

Money can act as the biggest motivator for many of us. In today’s electronic world, most of the money exists only on the papers and many of us wish to see an amazing figure under the head that reads “bank balance”. Well, SIP investments, when smartly planned can give investors enough reasons to save and save more to emerge successful in life’s financial battle. Even investment advisors know the fact that different people have different instincts and this might be the reason for having a myriad number of SIP plans, to suit the needs of every kind of investor.  Some of the kinds of SIP investments are mentioned below: The Growth Plans: Investors under the growth plans can choose to invest a particular amount in SIP month on month and it keeps on accumulating. The growth of the investment in such plans depends on the percentage of the debt and the equity component. Once the term ends, the money invested every month and the returns obtained on the same become the fund value.

Goal-Based Investing – 3 Reasons Why It Is the Best for You

If you have been reading all about mutual funds in the recent times, you might also have heard the terms “goals” or “goal-based investing”. Have you ever wondered what this goal based investing is all about?  In simpler terms, goal-based investing is just an act of saving a part of your earnings towards a life-goal like your kid's education, your retirement or to buy a house. Any investor can do this by investing in various kinds of mutual funds.  But is investing in mutual funds right for you? Let us look at the 3 reasons why you need to buy direct mutual fund online .  1) Provides the investor with a clear finishing line Whenever we start to invest for a particular goal, we give a deadline to ourselves to achieve the same. Be it our retirement or buying a house or a car, it is important to have a rough timeline set along with the target amount required to achieve the goals.  So, when you start with a goal, you already have your deadline – so, you know how w