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To make an investment plan is highly personalized. How much to save? How much to invest? Based on the feedback received so far, here is a step by step guide on how to create an investment plan. Based on a real-life situation, w will go through each and every stage. Step 1 – Establish the…
Mutual funds are expected to deliver regular returns, generate wealth, and meet the financial objectives of the investors. Fund houses offer dozens of funds as investable options and Equity Linked Savings Scheme (ELSS) is one such category. About ELSS Investment into ELSS funds is deductible from taxable income under section 80C of the Income Tax…
Don’t Put All Your Eggs in One Basket. Heard of it? Great, then you are half-way through. What that means in an investment context is to never concentrate your resources in one place. By that, you significantly increase the risk of losing all. Half glass full, that also means you have an opportunity to mint…