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  • The Beginner’s Guide to Mutual Funds: Invest Smart, Save More, Grow Wealth

    Introduction: A Guide to Smart Investments and Wealth Building

    If you’re serious about building wealth, the important question is: where do I put my money? Chilling your money in savings accounts appears too slow, buying and selling stocks yourself is too risky, and keeping your money in fixed deposits doesn’t fight inflation.

    The answer recommended by many financial experts is – mutual funds. Mutual funds are much more than just an investment vehicle; they are a systematic way of wealth creation with discipline, offering flexibility, professional management, and compounding.

    What Are Mutual Funds, Really?

    Essentially, mutual funds gather funds from investors and put them in a pool of a variety of assets—either stocks, bonds, gold, or some combination. This method of investing makes participation possible for anyone, and especially beneficial for those just starting out.

    The biggest advantage of doing this as opposed to doing it alone is that you do not need to select the stocks or time the markets. This is done for you by a professional fund manager. In the meantime, you enjoy the benefits of diversification, and growth.

  • Formal and Informal Sources of Credit

    What is Credit?

    Transaction between 2 parties where one party is the creditor or lender which supplies money, good, services or securities in return for a future payment by other party the debtor or borrower. Such transaction include payment of interest to the lender.

    In other words credit can be said as a formal, legal way to borrow something now (Goods, money, etc) by the promise that lender would be paid back later by the borrower/debtor. It can also include 2 parties who don’t even know each other.

    Understanding Credit Sources

    Credit allows consumers to purchase the product for today and arranging for a deferred payment scheduled agreeing to settle debt later. Now a days most of the borrowing taking place are handled by financial institutions, whereas the most oldest and knowned for these services are commercial bank.