Detoxing your investment portfolio refers to the process of weeding out those investments whose presence could damage the overall returns and affect the achievement of financial goals.
As the world is changing rapidly, financial mechanisms are also evolving. Simply saving your money is not enough to ensure financial security. Also, the saved amount does not have the potential to beat inflation.
SIP stands for “Systematic Investment Plan.” It is a long-term investment strategy that involves putting a small but considerate amount of money in your mutual fund.
These recent years have been challenging for the entire world. As the pandemic continues, people worldwide are dealing with financial anxiety, stress, and uncertainty.