What Are Options With An Old 401k Investment Plan
At some point, investors are faced with the conundrum of what to do with old 401k plans. The individual will likely have left their position with a company or found themselves downsized from the business. In either scenario, there are a few options to consider with the retirement plan.
It might seem favorable to cash out and use the funds until another work position comes along to avoid a struggle,...
Get to Know Your Investment Options in 2023
Investing has certainly become a hot button topic in the past few decades. With the advent of new assets such as cryptocurrency, it really does appear as though we have more options to pursue than ever before. This begs the question, though – what is going to be available in the coming year, and are there certain things that we can add to our portfolios that will be better than the others?
Today,...
How To Use Lumpsum Calculator For Long-Term Investments?
When it comes to mutual fund investments, one can either start a SIP (Systematic Investment Plan) or choose to pay a lumpsum amount. Those who have a high-risk tolerance and generate seasonal revenues might prefer opting for lumpsum investments. While this usually involves higher risk as compared to a SIP, it also involves higher returns in the long run.
Now, before one begins investing, it is very...
MISTAKES YOU MIGHT MAKE IN THE RACE TO
Do you like most investors invest in tax saving investments with a sole aim of saving on taxes? If that’s the case, then you might want to reconsider your investment strategy. What’s more, many investors – young and new in the race to save tax at the last moment often commit several blunders that are quite harmful to their financial well-being and prospect. Are you wondering what are these mistakes?...
5 Features You Must Know About ULIPs
The insurance market is filled with numerous plans that offer great benefits. These insurance plans are tailored to meet the specific requirements of their customers. Most of these insurance plans are designed to provide the policyholder with basic insurance coverage. However, among these plans, there is one plan that allows customers to protect their loved ones and build wealth at the same time. It...
Decoding The Right Approach To Tax Planning
Anybody who pays taxes, wishes deep down that didn’t have to. Moreover, in a country like India with tax slabs based on income, earning more simply means you have to pay more taxes. However, there is an option you can use to combat this. This option is known as tax planning. A major part of tax planning is to invest in avenues that can provide you with more than just returns. However, these investments...
Axis Long Term Equity Fund, a smart ELSS
The Axis Long Term Equity is a multi-cap equity mutual fund whose main objective is to generate income and a long-term capital appreciation for the investor. As this fund is a multi-cap fund, it looks for investment opportunities across all market caps. As this fund primarily invests in equity and equity-related securities it is susceptible to market volatility. The risk associated with this type of...
