International Women's Day 2022: 5 investment tips for financial empowerment
India Today
To change the status quo in the gender divide on International Women's Day, we have listed simple investing tips for women.
Despite this natural acumen of saving in women, there exists a wide gender gap when it comes to investing. This should not be the norm as ample investment opportunities do exist these days, some particularly curated for women investors.
To change the status quo in the gender divide on International Women's Day, we have listed simple investing tips for women. To begin with, you don’t need to be a financial expert to start investing. There are experts in the field to guide you and manage your money for you.
If you have never invested before and are unsure about starting with a large sum, SIPs are the perfect fit for you. Systematic Investment Plans (SIP) allow you to invest a specific amount at regular intervals.
You may choose between a monthly, quarterly or any other interval period. This investment platform allows you to participate in the stock market without having to keep an eye on when the prices are favourable or otherwise.
It is easy to start and is not too heavy on your pockets as you can start with a small amount. But most importantly, it involuntarily builds a habit of saving and investing.
You can be a salaried person or a homemaker, and SIP has something for both. There are several hand-picked funds at ClearTax that have been curated for differing risk profiles.
You may be in the prime of your career and retirement might seem like miles away. But saving for retirement, a long term goal that it is, must be done early on in your career. True, you may have a PF fund with your employer but making additional provisions for retirement is always advisable.
The gold rate today is around Rs 1.5 lakh per 10 grams for 24-carat gold, while 22-carat gold is near Rs 1.4 lakh, with prices edging higher after recent losses. Silver is also seeing a slight uptick after a volatile phase.
Early indicators suggest a positive start. GIFT Nifty futures were trading at 23,250.5 at around 08:24 am, indicating that the Nifty 50 may open above Thursday's close of 23,002.15.
With multiple energy hubs under threat, the risk to global supply chains has increased sharply. For countries like India, which depend heavily on imports, this means higher costs and tighter supply in the near term.
In a statement, the central bank said it has taken note of the recent developments at HDFC Bank and has approved the transition arrangement proposed by the bank for the position of part-time chairman.
Global brokerage JPMorgan has maintained a "neutral" rating on the stock with a price target of Rs 1,090. HDFC Bank stock is already trading near its 52-week low, adding to weak sentiment around the counter.
The IPO is expected to be structured as an "offer for sale" (OFS). This means existing investors will sell a part of their stake to the public, rather than the company issuing new shares.
Sensex ends 633 points higher, Nifty above 23,700; Infosys up 3%
The Sensex was up 825.79 points, or 1.09%, at 76,896.63, while the Nifty 50 gained 239.10 points, or 1.01%, to trade at 23,820.25 as of 11:44 AM. It may be noted that the Sensex has gained over 2,000 points this week after a sharp losing spree.
The reconstituted panel includes several key institutional representatives. These include members from the Life Insurance Council and the General Insurance Council, along with heads of important professional bodies.
Many people are seeing sudden jumps in their health insurance premiums at renewal. The reasons aren't always clear, and insurers don't always explain them. In this article, we break down the possible reasons behind these sudden premium jumps.
Goal-based investing reframes personal finance from a pursuit of returns into a pursuit of readiness. The most meaningful financial success is not the highest number on a statement, but the confidence that money will be available when life demands it.
