Financial Resources and News
The Importance of Diversification
What is Diversification? Diversification is the practice of spreading your investments across different asset classes, such as stocks, bonds, and real-estate. This helps to reduce your risk by minimizing your exposure to any one asset class. For example - if you only...
NPS vs SIP
Retirement planning is one of the most important financial decisions you will ever make. There are many different investment options available, and it can be difficult to know which one is right for you. Two popular investment options for retirement planning are the...
Investing vs Trading
Investing vs Trading: What's the Difference? Investing and trading are two of the most common ways to make money in the stock market. However, there are some key differences between the two activities. Investing Investing is the act of buying assets with the goal of...
Health Insurance Myth & Facts
Myth: Health insurance is too expensive. Fact: The cost of health insurance can vary depending on a number of factors, including your age, health status, and the type of plan you choose. However, there are a number of ways to make health insurance more affordable,...
FD vs PPF
FD vs PPF, since the choice depends on an individual's specific financial objectives and circumstances. Both FDs and PPFs are savings and investment instruments that offer the potential to earn interest on savings while also providing tax benefits. FDs are typically...
FD vs Life Insurance: A Comprehensive Guide
When it comes to securing your financial future, choosing the right investment tool is essential. Among the most popular financial instruments are Fixed Deposits (FDs) and Life Insurance Plans. While FDs are primarily used for savings and capital preservation, life...
Debt Mutual Funds vs RBI Retail Direct
If you are risk-averse and want to grow your wealth, Government securities can be a safe and reliable option. These securities offer a fixed return on maturity and are backed by the Government. You can choose to invest solely in these fixed-income securities or use...
financial vs investment planning
Financial Planning Financial planning is the process of creating a plan for your money. It takes into account your overall financial situation, including your income, expenses, assets, and liabilities. The goal of financial planning is to help you achieve your...