Category: Investment Plans

So, you want to start the next Facebook, eh? Let's hope fortune favors you a lot, then. To create a good startup, you'll need to be in the right place at the right time, have a great idea and also have some money to spare. Here are some ways to evaluate whether your startup investment idea is a good one or if it will end up not doing much besides costing you a lot of time, effort and nerves. Questions to Consider Let’s start with a basic question a lot of entrepreneurs overlook: do you actually enjoy whatever it is you’re starting up? If you hate physical work, should you start a roof maintenance and installation business just because there are no other similar businesses in the area? The short…

A SIP or a Systematic Investment Plan enables an investor to invest a fixed amount consistently in a mutual fund scheme, commonly an equity mutual fund scheme. It imparts financial discipline to your life. It encourages you to invest frequently without grappling with market mood, index level, and so on. For instance, in the event that you should put a fixed amount each month in a mutual fund scheme, you have to discover time to do it. When you have sufficient energy, you may be stressed over market conditions and consider postponing your investments. Or then again you may consider investing increasingly if the market mood is optimistic. SIP puts a conclusion to every one of these predicaments. The money is automatically invested frequently in a scheme with no effort…