Newton’s laws may extend beyond physics and to your finances. (Photo by Hulton Archive) Getty Images Isaac Newton might not have written any financial playbooks, but his Third Law of Motion—”for every action, there is an equal and opposite reaction”—offers a surprisingly valuable lesson for retirement planning. In finance, as in physics, every decision creates
Many people mistakenly view SIPs as either mutual funds or distinct from them. However, the fact is that a SIP (Systematic Investment Plan) is simply an investment approach, not a fund. It’s a vehicle that allows you to invest periodically in a mutual fund or scheme of your choice. It allows investors to direct their money
Ojas is in sales and has been a top performer for most of his illustrious career, which is coming to a close. He has some investments but hasn’t paid much attention to his personal finances. His elder brother Tejas has been managing his investments. Once he retires, he will need a regular income to meet
SIP has been gaining popularity among Indian Mutual fund investors, as it helps in Rupee Cost Averaging and also in investing in a disciplined manner without worrying about market volatility and timing the market. If you are wondering what “Rupee Cost Averaging” is, let’s briefly understand it. Rupee Cost Averaging (RCA) is a method where
How can you gift funds in retirement like Warren Buffett? (Photo by Bonnie Schiffman) Getty Images Warren Buffett isn’t just known for his investing acumen—he’s also a model for thoughtful giving. For retirees considering how to share their wealth, Buffett’s approach offers valuable lessons. Gifting funds in retirement, when done strategically, can support loved ones
Question: “I will turn 73 in June and I don’t know when I should take my first RMD. I really do not need the funds and would like to move them from the present 401(k) account and open a Roth account. My concern is that I’m not sure what my options are to pay the
Loss aversion is a bias to feel the pain of losses more strongly than the pleasure of gains – and … More this can impact how you invest for your retirement. getty Nobel Prize-winning economist Daniel Kahneman’s book Thinking, Fast and Slow explores how the brain processes decisions and the biases that often shape them.