Amit Upadhyaya, a Pune-based corporate executive, has achieved financial independence at age 46. Despite working for a French multinational (Dassault Systemes) for two decades, Upadhyaya does not credit his wealth to a high corporate salary or employee stock options. He sees it as the outcome of investing in the right stocks and funds and holding … Read more
Wall Street in the week ahead will see plenty of economic data and earnings reports from five megacap companies. On the economic front, investors will closely monitor US Q3 GDP numbers, the Federal Reserve’s preferred inflation gauge – Personal Consumption Expenditures price index, and jobs report. Next week, stocks of five megacap companies — Apple, … Read more
I’ve retired at 60 with a corpus of ₹4.3 crore and my monthly expenses are ₹2 lakh. With a life expectancy of 85, how should I invest to maintain steady income while preserving my corpus? I am considering real estate, high-dividend stocks, and systematic withdrawal plans (SWPs). How can I diversify to balance growth, risk … Read more
The initial public offering (IPO) of Afcons Infrastructure opened for bidding on October 25 and will be closing on Tuesday, October 29. The IPO has so far been subscribed only 10%. The GMP of Afcons Infrastructure fell drastically from ₹60 to ₹15 on the first day of subscription in the grey market. However, the shares … Read more
If you are new to the credit card universe, it is important for you to know that one of the key incentives for most users while applying for a credit card is to avail credit card rewards program. For those who are unaware, credit card rewards programs are incentives offered by the issuers i.e., banks … Read more
Google is reportedly working on a new AI agent that can take over your computer, but it isn’t as bad as it sounds. This AI agent, codenamed Project Jarvis (in an apparent reference to the JARVIS voice assistant from the Iron Man movies), is said to be trained specifically to take over a person’s web … Read more
Nine of the top-10 most valued firms together lost a whopping ₹2,09,952.26 crore from market valuation last week, in line with weak trends in equities, with Hindustan Unilever and Reliance Industries Limited taking the biggest hit. Last week, the BSE benchmark tanked 1,822.46 points or 2.24 per cent. “The dismal Q2 earnings so far have … Read more
This Diwali, if you are contemplating investing into gold, then remember that you do not necessarily have to buy it in the physical form. There are a few options to buy virtual gold which will not only enable you to earn the upside on gold, but will also spare you from worrying over its safety … Read more
The Indian stock market was thrown into the deep end and wrought with several challenges throughout October as bears tightened their grip on D-Street amid weak global cues and rising volatility. The battles compelled the frontline indices to enter the bear market just a few days ahead of Diwali’24 and the onset of Samvat 2081. … Read more
Is it possible to bounce back from the brink of bankruptcy to carve out a strong financial base for oneself? The answer to that question is yes, provided one has access to sound financial advice that can help one tide over losses and pick the right investments that will help build wealth over the long … Read more