A hybrid fund is a type of mutual fund or exchange-traded funds (ETFs) that involves investing in multiple asset classes. Unlike an equity fund of a bond fund that focuses on investing only in equities or bonds, a hybrid fund
Debt instruments are one of the safest investment vehicles to consider, especially government-issued debt instruments. That’s because government-issued securities are usually backed by the country’s credibility and full faith, as well as its ability to levy taxes to meet the
Speaking of retirement planning, have you heard of the F.I.R.E. movement? That’s an acronym for Financial Independence, Retire Early. The movement is mostly about earning your financial independence and retiring early, too, often as early as 30 or 40 years.
Living a debt-free life is nothing short of sweet, but achieving it is not a walk in the park. We live in a world where debt has become part of us- from car loans to mortgages and student loans, not
One rule of smart investing is diversifying your investment portfolio. Portfolio diversification involves investing your money in different assets to reduce the overall risk. Instead of investing in stocks for one company, for example, you can buy stocks of companies
It’s time to stress test your personal finances! With the current ongoing pandemic and economies taking a toll since the last recession, now is the right time to confirm where you stand. Financially, that is.
Once you have a solid retirement plan in place, the next step is to get an individual retirement plan. An individual retirement plan is a retirement savings and investment account for individuals. It’s usually a one-member account that allows you
Mutual funds refer to a pool of funds obtained from different investors, individuals, or companies, for investing in assets like stocks, bonds, and other financial assets. As such, mutual funds provide an easy and less stressful investment avenue, especially for
What's your goal during retirement? To maintain the same lifestyle or travel the world and tick all those destinations from your bucket list? Whichever goal you've, have you started your retirement planning?
Are there any important things to consider before taking a loan? When you approach a financial institution for credit, what matters the most? The fact that you can have the loan processed in a few days or other terms of