As Warren Buffet once said, “If you don’t find a way to make money while you sleep, you will work until you die.” The stock market offers a perfect opportunity to create wealth for a secured future if you have a good risk appetite and analysis skills. There are multiple ways you can invest in the Stock market. SIPs and Mutual funds are amongst the hottest ones.

Financial planning happens to be very important and is all about saving up money for future use, especially in times of need. While preparing a financial plan it is always advisable to have an emergency fund ready for at least three to six months of use for a steady flow of money even during a crisis period.

Election over. Results are out. A clear majority win by NDA and market touching new high. Is this the scenario we were waiting to invest?Election results impact the market for short-term but in the long-term, markets are a factor of corporate earnings. Historically, whenever trailing price to earnings ratio moves above the range of 28, it is seen that market correction is in the offing. At present, Nifty PE is above 30.

Retirement comes at different ages for different people but 60 is taken as the default age of retirement. But we think that retirement can be achieved the moment we get financial freedom. Firstly, we need to check our daily expenses including household and lifestyle expenses. We cannot plan our retirement if we do not plan our expenses today. If we save today, we will have a retirement free of all worries, tomorrow.