Here is an anecdote between investing and saving , Savings are anyway always killed by the inflation considering the time value of money,
You may lose some or all of the money you invest depending upon your planning and risk appetite . You can earn interest by putting money in a savings account, but savings accounts generally earn a lower return than investments. Investments have the potential for higher return than a regular savings account
Saving is Passive
Investing is Active. Continue reading “Why you should invest rather than save”
Mutual Funds are the best tools for long-term wealth creation. But, the challenge is to identify good and top performing mutual funds that can help you in achieving your Financial Goals. There are hundreds of mutual fund schemes which are available in the market. Besides this, there are plethora of NFOs (New Fund Offers, new schemes) which keep hitting the market. Identifying good mutual fund for long-term investment is not an easy task.
Remember Wealth creation’ is a boring activity like Test cricket where a quick fifty or hundred may not always win you a game. You need the solidity and consistency of a Rahul Dravid or a Laxman more often than the flamboyance of a Kohali/Sehwag to be able to emerge victorious over the five days.
Here are some rules to be followed for the SIP Continue reading “Stop Thinking Start Investing – Systematic Investment Plan”