What are the Pros and Cons of Having Multiple Brokerage Accounts?

by Gaurav Chaudhary | Feb 10, 2021 | PERSONAL FINANCE, STOCK MARKET

A brokerage account is essential for trading in stocks and investing in other securities. However, a trend quite common nowadays is to have more than one brokerage account. Is it right to have multiple brokerage accounts? It is the question asked most by investors,...

How Much of Your Income Should You Save Every Month?

by Gaurav Chaudhary | Jan 10, 2021 | PERSONAL FINANCE

Save money for rainy days. The habit of savings improves your present and future financial life. The right amount of savings every month keeps you financially secure throughout life. Such wise quotes inspire people to develop a habit of saving money. But most of them...

What Are the Best Long-Term Investments for Beginners?

by Gaurav Chaudhary | Jan 2, 2021 | PERSONAL FINANCE

Long-term investments are a crucial part of every wealth-creation strategy. If you are young and aiming to retire rich or create a fortune in the next 2-3 decades, remember you can’t do it without long-term investments. Who doesn’t like to be a wealthy person?...

What Is the Best Way to Invest Large Amounts of Money?

by Gaurav Chaudhary | Dec 18, 2020 | PERSONAL FINANCE

People wish to do this and that if they get large amounts of money. But when they acquire this money in real, their priorities usually change. After receiving large amounts of money, most of them prefer investing it first and then fulfill their wishes with returns...

What Are The Steps Involved In Personal Financial Planning?

by Gaurav Chaudhary | Dec 4, 2020 | PERSONAL FINANCE

A common belief is that earning in 6-figures, or more than that, is enough to live a life free from financial worries or problems. It may seem right, but handsome earnings are not enough to diminish such concerns. People need to have and follow a robust financial plan...

What are the Best Retirement Investment Strategies? [By Age]

by Gaurav Chaudhary | Nov 20, 2020 | PERSONAL FINANCE

Do you have any idea of how you are going to retire – rich or like a mediocre person with loads of debt? Have you made any investments that will help you retire rich, without any financial worries? If your answer to such questions is NO, it’s time to convert them into...

Lease or Finance Your Car and What’s The Difference Between Them?

by Gaurav Chaudhary | Oct 21, 2020 | PERSONAL FINANCE

When people decide to buy a car, they usually discuss it with their friends and family members. They receive many suggestions and pieces of advice like which one to buy, which ones to avoid, why to buy/avoid a specific model, how to pay for your car, should you get it...