MyFinopedia don’t compete but Utilize best of its Expertise Always wanted to build wealth from small investments. MyFinopedia endeavors to understand its investor’s risk appetite with the help of which we can feed the right portfolio. Before being an investor, one is always a human being. A being who has a heart who has some …
MyFinopedia and Its Unique Portfolio Building Forte Read More »
Avenues For Achieving Retirement Goals Different people use different types of assets in the investment process at different points of time in the retirement planning process. Here are details of a few and the way in which an individual can use them effectively. EquitiesPeople use equities in the retirement planning process to provide the necessary …
Retirement Planning ProcessThe retirement planning process consists of several steps. While details might differ from individual to individual, the broad outline remains the same. Set Your Financial GoalsThere is a wide range of areas relating to retirement for which one would like to set goals. One has to remember that the goals here will include …
Buying a duplex house; an SUV car; surplus for your kids’ education abroad; Annual international holiday; and last but not the least luxurious post-retirement life; etc. some people dream about it and some even don’t discuss it as they are sure, they will not be able to achieve it with their set income. Do you …
Dreaming with Closed Eyes & Bringing to Reality with Open Eyes Read More »
Investing needs proper planning. Whether one invests for long-term or short duration, whether one invests in physical assets or financial assets, one can’t ignore the most important tenet of Planning. So how do I plan the investments? What factors should one consider before making the first move for the investments? Is it only investible surplus …
Ideal Investment Ratio For the Investor Of Any Age Group Read More »
The entire world today goes through the volatility of adjusting economies and increasing day-to-day costs affecting every sphere of family well-being and security. Financial uncertainties arise unannounced leading to individuals and elders caring of their economic situations basis which depends upon the existence of a future safeguarded. This signifies the importance of early goal planning …
In the past two years approximately, equity fund investors have experienced a roller coaster of emotions because the equity market moved from multi-year lows in March 2020, to all-time high within the half-moon of 2021 sailing the emotions from extreme fear to euphoria. Equity market and emotions go hand in hand. However, reacting to the …
Factors to Consider When Making Investment Decisions Read More »
One doesn’t have to be an expert in economics or accounting to be good at personal finance. All that, one has to do is follow certain rules which are universal like the law of gravity. Personal finance is both a simple concept because all the math one needs to understand is covered in schooling, and …
What is Personal Financial Planning and Why is It Important? Read More »
Pirates or Thugs represents the various prejudice investors have which impacts their financial verdicts and averts them from generating wealth. Let us discuss some of the biases in detail so that any investor or future investor can be aware of such pointers and gain much. The topmost is Loss Aversion bias which is the tendency …
