THE CASE: My investments through SIPs are in 4 large-cap funds and 1 multi-cap fund. Total SIP investment currently is Rs 40,000. I need about Rs. 50 lakhs in another 13 years – 2033 for my child’s marriage and Rs. 2.30 Cr for my retirement in 13 years – 2033. Inflation is factored. Am […]
Ascertaining your individual financial situation and goals is the first task in constructing a portfolio. Important items to consider are age and how much time you have to grow your investments, as well as amount of capital to invest and future income needs. While constructing a portfolio, asset allocation mix (i.e. the mix of various […]
It is important to understand the similarities and differences between saving and investing your money. It is also important to be surethat you are doing both within your budget and wealth building plan. Basically saving money is putting money aside on a regular basis. You spend less money than you earn and put the rest […]