wealth

Timing it right: What is the best day to start a SIP?

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Timing it right: What is the best day to start a SIP?

Systematic Investment Plan, or SIP, is emerging as a popular investment method. It offers a means for disciplined investing, as you set aside a fixed sum of money every month for future savings. A SIP offers potential for long-term wealth creation, as you gain from the power of compounding and can get a diversified portfolio … Read more

Step-by-step: Setting up trusts for specially-abled children

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Step-by-step: Setting up trusts for specially-abled children

Rachna Khare, 55, from Bhopal, understands this deeply. She recently established a trust for her 28-year-old son, Rachit. “By the time my son turned 21, we helped him transition to an assisted living setup. Once he settled, we focused on securing his financial future and consulted professionals who advised us to create a trust,” Khare … Read more