Investors are increasingly opting for Sovereign Gold Bonds (SGBs), even in the face of rising gold prices. In fact, 30% of all investments in SGB units since 2015 have been made in FY24 alone. This trend is notable because the price of SGBs has more than doubled, from Rs 2,684 per unit at the first …
Akshaya Tritiya is traditionally considered an auspicious occasion for gold purchases in India. But with the changing market environment and lifestyle this tradition needs to evolve. For investing in gold, there are many alternatives besides physical gold, such as Sovereign Gold Bonds, digital gold, or Gold ETFs. Similarly, people can opt for NiftyBees, an Index …
In today’s fast-paced world, the landscape of financial planning is undergoing a seismic shift driven by rapid technological advancements. Traditionally, financial planning has been a methodical and time-intensive process, involving manual analysis to understand market trends, personal financial data, and formulate long-term plans. Financial advisors and planners spent hours sifting through data, relying on historical knowledge and …
This week, news emerged of two seasoned stock market investors being scammed by fraudsters. Methods used included adding victims to WhatsApp groups where screenshots of fake profits were posted. The victims were thereby lured into a fraud investment app and asked to route money into their ‘investments’ via certain bank accounts. Eventually, the entire setup …
In the thrilling game of cricket, where strategy and quick decisions reign supreme, team captains marshal their team to unleash their full potential and stand as the linchpins of victory. But did you ever think that their tactics on the field could mirror the risks and rewards of financial investments? Let’s dive into the exciting …
Financial independence for women goes beyond managing money, representing empowerment and freedom. Achieving financial independence gives women the freedom to make their own choices, pursue their passions, and weather life’s uncertainties with confidence. In this article, learn 6 golden steps to manage your finances. What is Financial Independence? Financial independence refers to the state where …
Introduction Every year on February 4th, World Cancer Day is observed as a way to promote prevention, increase awareness, and strengthen bonds with cancer patients. As a fintech firm dedicated to our client’s welfare, Angel One believes it is essential to discuss the role health insurance plays in the battle against cancer. World Cancer Day …
Investing is not a one-size-fits-all activity. Different people have different goals, needs, and preferences when it comes to saving and growing their money. That’s why it’s important to consider your life stage when making investment decisions. Lifestage investing is a strategy that adapts your portfolio to your changing circumstances and objectives. It helps you balance …
Retirement should be a time to embrace leisure, pursue passions, and spend quality time with loved ones, not fret over finances. But in India, navigating the post-retirement income landscape can feel like solving a complex puzzle. Worry not, in this article, we uncover the diverse streams of monthly income you can tap into for a …
Facing the challenge of securing a personal loan with a low credit score can be a daunting task, but it’s essential to remember that it’s not an impossible feat. Your credit score, often represented by the CIBIL score, is a critical factor that lenders/banks consider when assessing your eligibility for a loan. However, there are …
