A mutual fund systematic investment plan (SIP) is one of the best strategies to invest for retirement planning. You can utilise SIP to invest in a mutual fund scheme of your choice using your regular monthly savings through auto-debit from your savings bank account, depending on your investing needs and risk tolerance. Let us dive […]
An index fund is a type of mutual fund that invests in stocks that are similar to those in a specific market index. This implies that the scheme will outperform the benchmark index it is tracking. An index is a collection of securities that define a specific market segment. Index funds are classified as passive […]
high Inflation’ is the buzzword we hear these days not just in the UAE and the Middle East but across the world. That is because inflation affects everyone without exception in some way or the other. Its effects are particularly felt in investing and portfolio management. However, we need to understand that inflation is a ‘necessary evil’ and that […]
An important aspect of personal and business finance is budgeting. It aids in cost control and ensures that you have sufficient funds to pay your bills, save for the future, and invest in your company. However, many people struggle to stick to their budgets because they find budgeting difficult. In this article, we’ll talk about […]
Business success is not just about profits, it’s about the mental wellness of entrepreneurs and business owners. Seeking psychological support can help increase profits and productivity, especially for those in need of psychological support. Common challenges faced by business owners can be overcome through professional psychological support. Strategies for finding the right psychological support and […]
With all of the preparations for taxes, auditing, and preparation of quarterly and year-end financial reports that have taken place over the past few years, accounting has grown into a massive business. Due to the fact that it has gotten so intricate and extensive, small businesses typically require more assistance than simply employing a part-time […]
Those who have a financial plan are more likely than those who do not pay their bills on time and save each month, according to Schwab’s 2021 Modern Wealth Survey. So, how does an effective financial plan look? Schwab has identified the eight essential components that should be included in every plan, regardless of the […]
In no uncertain terms, the insurance industry has carved out a special place for itself in the commercial world. Over time, a proliferation of insurance providers has occurred. Insurance companies have a better chance to expand their customer base now that the global population is growing at a faster rate than ever before. Health, vehicle, […]
With the Powerball jackpot reaching an all-time high, it’s no wonder why so many people are trying to buy tickets online. Unfortunately, this also means that scammers are on the prowl for unsuspecting victims. To ensure that your online Powerball experience is safe and secure, it’s important to know how to spot a scam and […]