Smart Strategies for Investing in Mutual Funds: A Guide to Maximising Your Returns One of the most well-liked investing options for people looking for expert management and diversification without having to choose individual equities is a mutual fund. One of the easiest ways for people to accumulate wealth over time is through mutual fund investments. Mutual funds combine the capital of numerous individuals to invest in a diverse portfolio of stocks, bonds, and other securities, in contrast to direct stock market investing, which necessitates considerable time, study, and risk tolerance. Mutual funds are a well-liked option for both new and experienced investors due to their expert management and diversification. But merely investing in a mutual fund and crossing your fingers seldom yields the best outcomes. A comprehensive approach that matches the appropriate fund selection and management strategies with your financial objectives, risk tolerance, and investment timeline is nece...
The largest decline in world's largest US economy so far, a record 31.7% fall in the first quarter of FY 2020-21
The US economy has recorded the largest decline in recorded history due to the coronavirus epidemic. The US Commerce Ministry, in its second estimate for the April-June quarter released on Thursday, said the economy had plummeted 31.7 per cent. In the first estimate, the government said in late July that the US economy had fallen by 32.9 per cent in the June quarter. The biggest quarterly decline in US economy records was in 1958. At that time the economy had fallen by 10 per cent. America has started keeping a record of GDP growth since 1947. Lockdown in the April-June quarter disrupted business activities in the world's largest economy and left millions of workers unemployed. In the first quarter of this year, the US economy declined by 5 per cent. The case of COVID-19 infection started in the US since February. According to economists, economic recovery is not expected to happen soon, as the pace of virus infection has not stopped but financial relief from the gover...