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Lower your return expectations from debt mutual funds
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Last Updated: Mar 03, 2021, 09:53 AM IST
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Synopsis
Bond markets had a shaky start to the year 2021. Renewed optimism on economic recovery & fears of pick-up in inflation put the bond yields on an upward path globally.
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Bond markets had a shaky start to the year 2021. Renewed optimism on economic recovery & fears of pick-up in inflation put the bond yields on an upward path globally. Last 2 weeks have been particularly turbulent when the pace of rise in bond yields caught investors by surprise and caused panic in all the financial markets across oceans.
Synopsis
An emergency could be in any form; a small one like car breakdown and a big one like job loss, which may continue for several months. In such a situation you will not only have to manage your household expenses but also continue paying your labilities like EMIs and credit card dues.
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Emergency fund is an important element of a good financial plan.
Emergencies and the financial burden they entail cannot be foreseen. That is why it is important to have an emergency fund to fight any sort of exigency. An emergency fund is a contingency fund that not only helps financially during most difficult times, but it also prevents the derailment of your saving for long term goals.
Takko in NRW: Textildiscounter in der Krise zieht jetzt Konsequenz derwesten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from derwesten.de Daily Mail and Mail on Sunday newspapers.