For business owners, partners and high-income professionals looking to boost retirement savings and reduce taxes, cash balance plans offer a compelling solution.
They combine the structure of a defined benefit plan with the portability of a 401(k), making them a modern retirement tool with significant advantages.
Petrol prices in India currently stand at Rs 101 per litre amid continued volatility in global oil prices — with many neighbouring countries selling fuel at significantly lower prices. The cost is also Rs 21 more than petrol prices paid by people in the US as well as Pakistan.
Data that has since gone viral on social media platforms indicates that Indian customers pay an average of Rs 101 for a litre of Octane 95 petrol,
» Read more about: Indians pay almost Rs 21 more for petrol than Pakistan and US – Here’s why »
Sprinting races and marathons both cover distance, but using the strategy that works in one will wreck you in the other. Crypto investors chasing “millionaire-maker” coins often confuse the two, buying a meme coin sprinting across social media.
Two perennial favorites in this conversation are Dogecoin (DOGE 4.15%) and XRP (XRP 0.95%).
» Read more about: Which Cryptocurrency Is More Likely to Be a Millionaire Maker? Dogecoin vs. XRP »
The UAE has clarified that digital currency investors will not have a chance to obtain its new nomination-based Golden Visa that offers lifetime residency without the requirement to invest in property or business. This comes amid claims that Toncoin holders can now acquire the UAE’s much sought-after Golden Visa by staking TON.
A joint statement issued by the Federal Authority for Identity and Citizenship,
» Read more about: No Golden Visa for cryptocurrency investors, UAE clarifies »
The evolving consumer lifestyle and needs are what bring new reforms in the financial market as well. Today, individuals’ needs and desires range from buying a new car or a house to planning their children’s educational journey. While it may seem a significant challenge, it is possible if you prepare for it.
» Read more about: Why SIP Investments in Mutual Funds Can Be Beneficial »
Warren Buffett’s outsized investment returns at Berkshire Hathaway have made him Wall Street’s most-followed money manager.
Stocks are historically pricey, and the affably-named “Buffett Indicator” proves it.
However, Buffett would never suggest betting against America and has positioned Berkshire’s $296 billion investment portfolio and owned assets for long-term success.
NEW DELHI, July 7: JioBlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Limited (JFSL) and BlackRock, on Monday announced closure of its maiden New Fund Offer (NFO), recording a total investment of Rs 17,800 crore (~USD 2.1 billion).
The fund was mobilised from three cash/debt mutual fund schemes — JioBlackRock Overnight Fund,
» Read more about: JioBlackRock Mutual Fund raises over Rs 17,800 crore via maiden NFO »
Buffett’s Berkshire Hathaway portfolio includes only one ultra-high-yield stock.
However, his “secret portfolio” is loaded with ultra-high-yielders.
The best of the bunch has increased its dividend for 30 consecutive years and has solid growth prospects.
Warren Buffett is known as a value investor,
Americans are thinking twice before they travel, dine out, or shop this summer, with the vast majority of consumers worried about their personal finances as uncertainty over tariffs and a muddied outlook for the US economy weigh on confidence.
According to a new Yahoo Finance/Marist Poll released Monday, roughly 80% of Americans surveyed expressed some level of concern about the impact of President Trump’s tariffs on their personal finances.
» Read more about: USD/CHF advances beyond 0.7970 with US tariffs boosting risk aversion »
