Investors’ reaction to risk or loss may vary quite differently, says Anand Vardarajan, Business Head – Banking, Institutional Clients, Alternate Products and Product Strategy, Tata Asset Management. In an interview with MintGenie, Vardarajan said that there is an ardent need to look at index funds for their underlying opportunity rather than just their low expense
Beyond Finance LLC Financial Practice Week National Survey Findings Americans’ financial literacy may be dwindling based on lacking financial practice HOUSTON, April 18, 2024 (GLOBE NEWSWIRE) — A national survey of 2,000 Americans, evenly split by generation, revealed nearly half (43%) of the respondents don’t know what a 401(k) is. The comprehensive survey examined Americans’
A bill that would significantly reduce property taxes in Nebraska is facing stiff opposition as it faces the last hurdle of the legislative process. Earlier this year, state Governor Jim Pillen called for a 40 percent reduction in property taxes, with Legislative Bill 388 being introduced to the Nebraska legislature on January 12. On Wednesday
If you’re worried about missing a mortgage payment, you’re not alone: Nearly 3% of mortgages were in some stage of delinquency in October 2023, from borrowers just 30 days overdue to those facing foreclosure. Falling behind on your home payments can be nerve-wracking, but you still have options, especially if you act early. If you can’t
For the second time this week, the Biden Administration announced it’s wiping out more student loans. More than a quarter million borrowers will get an email from the White House Friday telling them their debt is canceled, totaling $7.5 billion. But critics say the handout is unfair to those who paid off their loans and
Investing in equity is seen as a surefire way to grow wealth in the long term. And when it comes to equity, mutual funds are one of the most sought-after financial instruments among retail investors because they are diversified and invest in an array of securities and debt instruments based on a predetermined criteria. Mutual
A tax deduction is an amount you subtract from your income when filing taxes. It allows you to reduce your taxable income — and with it, how much you owe in taxes. If you’re a student, your student loan interest payments may be deductible, so it’s a good idea to check if you qualify for
Gold has a rich history as a prized asset for investors, particularly during periods of economic instability. Currently, the price of 22-karat gold in India is ₹6,565 per gram, while 24-karat gold, also known as 999 gold, is priced at ₹7,162 per gram. Here’s why gold is considered a prudent investment: Protection against inflation: As
The U.S. housing market is facing unusual times. Mortgage rates are at their highest levels in years, precluding some buyers from entering the market. At the same time, the nationwide supply of houses remains tight. If you’re contemplating a move in the midst of these unusual market dynamics, here are five steps that can help
Radhika Gupta, the Managing Director of Edelweiss Mutual Fund, has addressed common misconceptions surrounding investments for minors. On X, she clarified three key points that can be particularly beneficial for new parents and investors. “1. You can get a PAN for a minor as soon as they are born. You need a birth certificate and