Short term investments are usually sidelined when compared with long term investments. In a conventional sense, any investment for a tenure lesser than 1 year is considered to be a short term investment. People often associate short term investments with high risk but that needn’t always be the case. You need to make informed decisions when it comes to investments; be it long term or short term.
The story of every middle-class Indian kid growing up is pretty much the same. Those monthly shopping and movie trips with the entire family in tow where your parents picked out the baggiest jeans for your ‘outings’, those Bata shoes before the new academic year began, those “tu kitni badi ho gayi hai, kal hi tho kareedha tha” everytime mom realises you’ve outgrown your school uniform. And amidst all that there is dad. Unflinching. One thing common to most dads is their financial wisdom. Haven’t we all watched our dads do the family accounts, budgeting and spending hours poring over sheets of numbers that made absolutely no sense to us as kids? But through it all, we pick up certain pearls of financial wisdom like the ones below.
Have a great job with a decent pay but been putting off investing? If you just answered yes, then this article is for you. Investing even small amounts and making a habit of it is just as important as finding a great job. Read on to find out how to get started with investments so that you are in a financially strong position down the road.
Haven’t we all been through situations when you don’t have a single penny in hand and all of a sudden your bank balance is not in single digits anymore? Be it a hike, a good business deal or a kind relative who is the reason behind this sudden influx of money, those moments certainly do make us feel good, don’t they? Being the responsible mature adult that you are (or try to be), you curb your impulses to splurge all that money and instead set it aside, untouched. But of what use is it if it just sits in your savings account earning a paltry interest that is akin to your month-end bank balance? Let us introduce you to some options to invest that money and earn great returns!
Invoice Discounting platforms work like matchmaking services for Businesses with Invoices and Investors seeking alternative financing solutions with high returns. Even with all the positives about the product, it is not a zero-risk investment product. If you are considering purchasing invoices through Invoice Discounting platforms, here are Five things you should keep in mind.
Weddings, especially in India are an expensive & extensive affair. The shenanigans, fun, frolic and festivities is what makes an Indian wedding. The ‘Vows’ obviously is the foundation of any wedding but Indian weddings go much beyond and deeper. The Confluence of two families, the preparation that goes on for months, the food and its glory with the added extravaganza of lights, colors & Bollywood is what makes it absolutely worthwhile.
When we think about Diwali, we think about lights, fireworks, children playing with fire-crackers, new clothes, sweets (lots of it!) and of course the superb discounts that we see in our favorite stores. Though the offers become more tempting during festivals, this can turn bit heavy on our pockets. To avoid this, here are few tips that will…
Financial Magazines are a great source of knowledge and information for all. If you want to stay updated on the latest happenings and developments on the financial trends and also get an insight on businesses, funds and economy in general, these magazines can be very helpful. The risks arising from investments are typically dependent on how markets and global economy, in general, is behaving and hence a holistic knowledge on how businesses are impacted due to global factors will help one understand how different investment options work.
Saving up for a Car, that dream Bike, a piece of jewellery or just an exotic holiday – short term goal oriented planning is a must. In the financial world, asset allocation is crucial. Long term with risk and short term with liquidity is often the mantra. Any investment which is for a period of…