Retirement planning is crucial for achieving financial independence, which grants freedom from the necessity of earning a living. The ability to secure this freedom at a younger age, while still physically capable of pursuing desired activities, can be particularly advantageous. Sunil Gavaskar once said, ‘Retire when people ask why, not when they ask why not?’ […]
India stands at a pivotal point in its economic development. We are currently the world’s fifth-largest economy, and projections suggest the potential to become a top one or two leaders within the next 50 years. This journey promises to be not only fascinating but also lead to a significant increase in wealth creation opportunities, exceeding […]
Initial Public Offerings (IPOs) play a crucial role in the financial markets. India’s IPO market is a captivating mix of possibilities and uncertainties. Some companies soar like rockets on listing day, while others leave investors scratching their heads. Is it a goldmine or a minefield? This article delves beyond the hype to provide a data-driven […]
Dear Readers, While equities offer excellent long-term returns, a well-diversified asset allocation strategy also incorporates debt instruments for short- to medium-term needs. However, traditional safe havens like Fixed deposits (FDs) often provide minimal returns. To address this, investors should explore higher-yielding opportunities that maintain a strong safety profile. We at RichVik, present one such quality […]
In the previous blog about the National Pension System (NPS), we have covered as to how it can be used as a retirement tool. However, it is not just a tool for retirement but also a tax-saving tool too. Think of it as a two-for-one deal that not only does help you secure money for […]