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Do you know about 40:30:20:10 rule? It is one of the most used formula to diversify your investments. 40% - Mutual funds/stocks (if you can take risks) 30% - FDs 20% - Gold/ SGBs (Sovereign Gold Bonds) 10% - Risky investments ( very

As a beginner with NO knowledge in stocks/mutual funds, what should my first step be to get into investing? How can I start? Should I - 1) Study Stocks (also, please suggestbest resources to get strted with) OR 2)Practically start with mutual funds

can mutual fund be a profitable investment? A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. The combined holdings of the mutual fund are known as its po

Gold or Stocks: Which is the better investment? 🤔 To make it simple, Finstreets' AI has prepared an easy to understand comparison table highlighting key aspects like: 1️⃣ Volatility: Stocks have high fluctuation, while gold is more stable. 2️⃣ Retur

RBI Increases Gold Purchases The Reserve Bank of India has significantly increased its gold purchases, buying 50 tonnes so far in FY25. This move aims to diversify its foreign exchange reserves and mitigate revaluation risks, as part of efforts to m

Key Financial Considerations for Medical Professionals 1 . Debt Management: Strategize student loan repayment, credit cards, and personal loans. 2. Retirement Planning: Maximize tax-advantaged accounts (401(k), IRA). 3. Investments: Diversify portfol

I recently checked the price of digital gold, which is approximately 75,800 INR. Additionally, there is a 3% GST, amounting to about 2,200 INR. When selling the same gold, the price is around 73,100 INR. This results in an immediate loss of about 5,0

Ways to Multiply Money 🤯 Investments: 1. Investing in the Stock Market: You can multiply your money by investing in the stock market, but it involves risks. 2. Mutual Funds: By investing in mutual funds, you can diversify your money into differen

Everyone should know 19 financial terms before any investment... Stock: A security that represents the ownership of a fraction of the issuing corporation. IPO: The first sale of the company's share to the public allowing it to raise capital by listin

Fintech major PhonePe has partnered with financial fitness platform Jar to roll out a new ‘Daily Savings’ feature on its platform for the purchase of digital gold. According to PhonePe’s statement, the product will allow users to save money in 24K d