What is Rupee Cost Averaging Strategy in SIP? How does it Work?
We know that investing through SIP is a good way for women to become financially disciplined. Did you also know that, by investing periodically via SIP you can reduce the risk of market volatility? This happens through a process called rupee cost averaging in SIP. But, how does this work? And how can women employ […]
Can One Start SIP with 500 Per Month?
Isha: “I really need to start investing for my retirement but it just seems impossible with how little I earn.” Nikita: “What? Why do you think it’s impossible?” Isha: “Well, don’t you need tons of money to even begin investing? I can barely make ends meet as it is.” Nikita: “You’re so wrong! You absolutely can start sip with […]
ULIP Vs Mutual Funds: Which is the Better Investment Option?
On the road to financial freedom and empowerment, women have several investment options available for them to choose from. Two among them are: ULIPs and Mutual Funds. In this blog, we’ll cover ‘what is ULIP plan?’, how ULIP works and the difference between ULIP and mutual fund. Read on to find out which between the […]
Investment Strategies During Economic Downturn
Every woman must have heard the words, ‘recession’, ‘economic downturn’ or even ‘market crash’ while watching the news. These terms can be scary and it can lead a person to panic. But, as a woman on LXME, you should know that there is no reason to be scared. In this blog, we’ll talk about what a […]
Early Retirement Planning Guide: Secure Your Future Today
Welcome to our comprehensive guide on early retirement planning! At LXME, we understand the significance of crafting a secure financial future that allows you to retire on your terms. In this blog, we delve into the intricacies of early retirement planning, offering valuable insights, expert advice, and practical strategies. With the right investment platform, you […]
Importance of Investing In Passive Income Sources
In today’s world, having multiple sources of income has become increasingly important, especially for women. Relying solely on your 9-5 job income may not be enough to cover all expenses and achieve financial freedom. This is where exploring passive income investments can make a huge difference. Passive income refers to earnings that require little to […]
Importance and Advantages of Portfolio Diversification
As women, we love having options to choose from! Whether it’s in saree design or in our investment options. We know that it is important for a woman to invest her money to lead a financially secure life, but it is equally important for her to spread her investments across different types of investments to […]
2 Lies and a Truth: Money Management
In today’s fast-paced world, it has never been more important to manage your finances effectively. Pupils planning for retirement or recent graduates embarking on their first careers alike must acquire a firm grasp on the art of money management in order to attain financial prosperity and security. This money management guide will examine the importance […]
Tax Planning Strategies for Mutual Fund Investors
Investing in Mutual Funds can be very exciting. In the process of investing for your goals and watching your money grow, it is common for women to forget about a crucial aspect of investing i.e., Tax Planning. This blog will provide some insight on taxation on mutual funds and how to save tax on mutual […]
How should you analyse the Mutual Fund?
What are mutual funds? A Mutual Fund pools money from various investors and puts these funds into different assets such as equity, debt, gold, etc., depending on the specific scheme chosen by the investor. It is professionally managed and monitored by a fund manager whose goal is to generate returns for the investors. Example – […]