From Traditional Savings to Smart Investing: My Journey with Mutual Funds

 My savings were all traditional. Insurance was thought to be a great savings plan in the early days. A lot of investment was made that way. My other investments were in Fixed Deposits (FD) and Provident Funds (PF) in my early career days. I did not know any other way of saving beyond this. It was then that I came to know about US 64 Mutual Fund. As there was no computer, internet or other facilities like today, it was from some news in a newspaper or magazine. Then came SBI and other financial institutions with mutual fund investment. After 1993, many mutual funds came, but some did not give the intended benefits. Some wrong selections on my part also contributed to it. Since 2000 I have steadily increased my investments in mutual funds. I studied various plans well and made investments. Today most of my investments are in mutual funds. SIP takes care of not getting stuck and adding a fixed percentage every year.

Everyone has their own financial needs and goals. Therefore, the method of earning will also be different. You may want to own a house or a car or pay for your children's higher education or get a pension after retirement. These can be short-term, medium-term and long-term goals. These goals determine the amount of savings you should accumulate and how you should invest it.

Also, traditional investments may not live up to our expectations due to rising inflation and other costs. This is where investing in mutual funds comes in handy. Whatever the objectives, mutual funds are there to fulfill them. Whether you are a conservative or aggressive investor, have short-term, medium-term and long-term goals, whether you want to invest small or large amounts, mutual funds have something for everyone. Different types of mutual funds with different investment objectives can be used to reach your goals. It is the choice that matters most.

Thus, mutual funds become an important step towards achieving financial goals. Remember, mutual funds are always good for those who choose the most suitable fund and invest in it with precision.

Cruelty to loved ones?

 Raising a pet can bring us joy and act as a therapeutic method to relieve mental tension. Dogs, cats, parrots, and other animals are common pets. While cats are usually allowed to roam free, birds are kept in cages, and dogs are often chained up. Caged or not, no other creature adores humans more. Their love is unbounded. For dogs, their universe revolves around their masters. Humans are responsible for treating our pets fairly and not causing them pain or discomfort.

Unfortunately, some people keep their pets alone, denying them the opportunity to communicate and share their instincts with others. This is a cruel practice, as pets need companionship and a dignified life. Castration is sometimes used to change a pet's behaviour, even by those who claim to love their pets. This is a form of cruelty that should not be allowed.

As pet lovers, we are responsible for ensuring that our pets live happy, healthy lives. If you cannot afford to have more than one pet, it is better not to have one at all. Let's work together to create a world where pets are treated with the respect and compassion they deserve.