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It
is never too early to plan for retirement. But if you do find yourself late,
don’t lose hope. Start investing today for a peaceful and stress-free
retirement.
One
needs to put a plan in place by setting up a target amount for retirement need.
Once
you have estimated the requirement, find out how much you would require
investing each month towards it.
A
mutual fund is a company that pools money from many investors and invests the
money in securities such as stocks, bonds, and short-term debt. The combined
holdings of the mutual fund are known as its portfolio. Investors buy shares in
mutual funds. Each share represents an investor’s part ownership in the fund
and the income it generates.
"Market
volatility is a test of character, and patience is the measure of your
investment mettle. Don't shed tears for the wealth you lose if you can't stand
the test."
