Which is the best option: Online Personal loans or Offline Personal loans?

In today's scenario, if you are facing any financial emergency or temporary cash crunch, only a personal loan is the armament that holds the potential to immediately solve your problem. Personal loans can be applied online and offline, it purely depends on the individual how they want to get it processed. More and more people prefer to go for online loans whereas there are still many individuals who prefer offline mediums for loan processing as they prefer the personal touch and face-to-face interactions. But before choosing the online or offline mode, it's better to understand their process flow.

Read the article: https://www.yelonow.com/online-personal-loans-or-offline-personal-loans/

Smart Tips to Keep Your Financial Goals Intact!

Pressure on the world economy is mounting, and investors are not getting the desired results or returns on their investment. Financial products neither performing well nor meeting the expectation. Thus, it’s very common for people to feel uncertain in the current financial market. Despite economic slowdown is cyclic and it makes sense to relax your finances and tides up the associated goals with your investment portfolio, in this kind of an unstable market, else it could be a costly mistake. Have a look at the following smart ways to handle or plan for such challenging times.

Opt for Small Instalments

Investing in a highly volatile market could be risky. For example, a lump sum amount of a 1.5 lakh is invested by you in any mutual fund whose net asset value is Rs. 100, and by any chance if the market falls, then your invested corpus amount will get negatively impacted. And if you have taken any Personal Loan to invest, then it will badly hit your finances further. So to make investments in unsure market conditions, it’s better to fragment the corpus amount and invest in small investments. For example, you can make a liquid fund of 1.5 lakh and opt for SWP i.e. systematic withdrawal plan by investing Rs. 10,000 every month over 12 months. This way you can smartly get the advantage of rupee cost averaging, hence minimizing the impact of market volatility on your investment.

Read more here: https://www.yelonow.com/financial-goals-personal-loan-tips