Financial independence or FIRE The goal of retiring early is to accumulate enough cash for you to be financially independent and worry-free as soon as possible. When you reach FIRE, you will have enough money to support yourself for…
This is even more crucial in the current macro climate when inflation and geopolitical risks are rampant, and investors must overcome short-term volatility by making long-term bets on businesses that are available at appealing prices. Additionally, creating a…
Depending on their financial intentions and aspirations, various people may interpret portfolio diversification differently. However, the majority of us almost surely agree that any diversified portfolio should strike a balance between growth and stability. One such obvious diversified…
In business, it is said that if you don’t plan, you intend to fail. It may sound glib, but everyone concerned about achievement, including traders, should adhere to those phrases as if carved into stone. Ask any trader who…
Tax Deducted at Source or TDS in short, is the income tax deducted from payments made at the time they are made. A person who owes a particular amount to another person is expected to deduct tax at the…
Financial planning refers to the process of developing a framework for accomplishing your personal goals in a planned and organized manner while avoiding surprises and shocks. It has goals such as assessing financing needs, developing financial regulations, and ensuring…
One of the primary reasons the privileged are becoming wealthy is that they avoid conventional investing. They invest in enterprises because it is the most efficient way to expand their money. It is not necessary to start a new…
In the style of Bitcoin, cryptocurrency first appeared in India around 2009. The primary business transaction happened in 2010, and therefore the 1st cryptocurrency exchange passed in 2013. It has amassed a large following and interest in India in…
Index funds are an example of passive finance. The index funds promise smart returns over an extended time horizon since the Nifty and therefore the Sensex has performed alright over time. A Nifty index includes the stocks of…
Why do most people never achieve Financial Independence? How risky is investing? The answers to those queries are- once it involves investment, there’s no such factor as a one-size-fits-all portfolio. Selecting a Mutual fund sounds like a frightening…