Every person at some point of time in his/her life thinks about financial planning for the future. There are several reasons why you should plan for the future. It could be for the future of your children with their studies. It could be your retirement. You can also simply be planning for the future, maybe to buy your dream house or a nice car.
Risk management is the practice of assessing the potential outcomes of any given situation, and taking steps to ensure that the probability of negative outcomes are substantially diminished. In this particular article, I’ll review a specific case of risk management as it pertains to credit card debt. Credit card debt is without a doubt one of the biggest sources of anxiety and worry today. It has destroyed marriages, homes, and lives. By taking some simple steps, you can learn to avoid it.
Precious metals are generally considered safe investments. This is because their value does not fluctuate as much as other investments in volatile markets. Of all the precious metals, gold is more popular as an investment.
Mutual funds are recently introduced in India and larger portion of the investors in the market still need to get acquainted with the concept. Therefore it becomes the prime responsibility of the financial services providing companies to market the product side by side of selling. Most of us are not aware of what Mutual Funds actually are, therefore, we define Mutual Funds as a collective investment scheme, which takes money from different investors and invests them in stocks, bonds and other commodities. Mutual Funds require a manager who trades the investments; this manager is known as Funds Manager.
Today every human wants a secure future. But managing your own investments can be an extremely challenging & full-time affair that requires a lot of time and expertise. During life’s journey, you need to make numerous plans and important decisions. Some of these decisions have strong financial implications. Financial markets today offer enormous growth potential, but when it comes to investing your hard earned money you want the best option for your investment.
These days an inexperienced investor must be wondering where to put his hard earned savings. The equity market is clueless and the traditional avenues, although they are relatively less risky, provide meager yields. So the only choice that comes to the minds of investors at large is the Mutual Funds (MFs). These MFs provide an advantage of diversification of risk and the professional expertise of Fund Managers.