Podcast 15
This Labour Day, make your money work hard for you
The podcast explains how to make your money work for you if you begin investing and not just save. If you are worried about how to multiply your wealth, then only savings will not help. You need to start investing in mutual funds SIP or recurring deposits that let you invest a fixed small amount regularly. Once you have developed a disciplined approach, you can explore ways to make your money work for you.
Investment strategies and choices vary at different life stages. For instance, a youngster would focus on accumulating wealth. A retired person will invest to earn a regular income, and a middle-aged person may probably opt for an investment option that helps fulfil his responsibilities like buying a car, house or child’s education. Listen to this Mutually Yours podcast to know how to plan investments at different life stages.
My Financial Goal #1
My Goal
Buy a House
Achievment Date
July 31, 2022
Create your own goal through "Smart Selfie"
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Things to know about ETFs (Exchange Traded Funds)
ETFs are open-ended Mutual Fund schemes, offering investors a bouquet of diversified securities. In this blog, we talk about ETF Liquidity, ETFs as passive funds, and real-time NAVs of a ETF. Also, learn the 5 essential things you need to know about ETF investing in Mutual Funds
How to Transfer Mutual Funds
The only scenario in which the transfer of mutual funds from one holder to another is permitted is the investor's death.
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