The financial services industry is a rapidly changing professional environment. As the needs and desires of consumers change, firms engaged in managing money are also evolving. A registered investment advisor (RIA) manages the assets of individuals and institutional investors. He or she must be registered with the regulator in the jurisdiction where one is practising. In India, […]
The fees for class of 2017-19 batch of IIM-Ahmedabad will be Rs. 21 lakh for the two-year MBA course. Laptop computer, personal expenses on boarding, travel, clothes and laundry are extra. https://www.iima.ac.in/web/pgp/apply/domestic/expenses This is 400% higher than what the B-school charged in 2007. If the fees of the management course continues to rise by an […]
It is a rare thing to hear of someone who has celebrated their 100th birthday. It is rarer still to meet such a person. But with improving health facilities a day would come soon that there would be more than a million such people in the country. As per the estimates of United Nations (UN), […]
Source: Morningstar A systematic withdrawal plan, or SWP, is a facility that allows an investor to withdraw money from an existing mutual fund at predetermined intervals (a fixed date every month, once every two months, or even quarterly). This generates an additional cash flow without the requirement of liquidating the entire investment. When is the […]
It is always said, ‘better late than never.’ While it is never too late to start saving for retirement, putting it off for too long can take a big bite out of your retirement nest egg. Saving systematically as soon as you start earning makes it easier to reach your retirement goal. Inculcating this habit […]