NewsVoir Pune (Maharashtra) [India], November 16: In the world of investing, it is wise to follow the principle of buying low and selling high. However, our decisions are often influenced more by emotions like fear and greed than by rational thinking. Indeed, emotional trading can lead to hasty decisions, potentially resulting in financial losses. But what if there was a way to counter these emotions? Enter the balanced advantage fund, a dynamic investment vehicle designed to adapt and re-balance asset allocation based on market conditions. Let's take a closer look at how these funds work. The importance of asset allocation To understand balanced advantage funds, it is crucial to understand the importance of asset allocation. Asset allocation is the strategy of dividing your investments among different asset classes like equity (stocks) and debt (bonds). Proper allocation can help investors manage risks and optimise the return potential. Diversifying across assets can ensure that w
NewsVoir Pune (Maharashtra) [India], November 8: SIPs (systematic investment plans) have emerged as a reliable and disciplined approach to wealth creation over the years. SIP investment enables everyone to invest by making small, regular contributions. SIPs offer flexibility, allowing investors to start small and grow their investments as their financial circumstances improve. Here, we'll explore investment in SIP and how you can add to your celebrations through SIP investment in Diwali festival. Why are SIP investments considered ideal? SIPs are considered ideal as they provide a relatively stable ground compared to equity trading. Further, they provide an opportunity to earn large sums of money simply through interest when invested over the long term. All SIPs thrive on two concepts, i.e., rupee cost averaging and compounding. The following is a brief explanation for both: Rupee cost averaging: When buying a mutual fund at a high price, you get fewer units for that certain pric
NewsVoir Pune (Maharashtra) [India], November 1: Bajaj Finance has redefined financing for second-hand car purchases with its high-value used car loan of up to Rs 77 lakh. This loan product is designed to provide financial flexibility to customers allowing them to make their dream car a reality. Whether it's a luxury sedan or a powerful SUV, Bajaj Finserv Used Car Loans opens a world of possibilities. With this loan product, individuals can apply online and get funds without the hassle of a lengthy and cumbersome process. Here are the key features of Bajaj Finserv Used Car Loan. High-value financing With Bajaj Finserv Used Car Loan, individuals can get up to Rs. 77 lakh to fund their second-hand car purchases. This high-value loan gives the flexibility to customers to purchase their dream car without any budget constraints. Loan up to 100% of the car's value Bajaj Finance offers asset-based used car loans of up to 100% of the car's value. This feature guarantees that the cu