Three Personal Finance Myths Busted
Managing personal finance is crucial across age groups. There are several myths associated with personal finance. The 3 common myths on personal finance have been busted in this video. What should be your equity allocation? The first myth is the equity allocation has to be 100 minus his/her age. The second myth is mutual funds and unit-linked insurance plans offer the same return to investors. The final myth associated with personal finance is investing in real estate is a better option for retirement and children’s higher education. The risk taking ability and investment objective of an investor; are the key determinants of equity allocation. In this video the speaker shares vital information on personal finance. Hope you like it. For unbiased financial advice on home loans, personal loans, credit cards and any other personal finance product, visit IndianMoney.com.
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