BFC Capital successfully conducted its 289th Quality Circle Program at Hewett Polytechnic College, Lucknow, on 13th August 2025.
The session, led by our Senior Wealth Manager Mr. Sparsh Awasthi, focused on spreading financial awareness and fostering a healthy interaction with the college faculty. The event was a resounding success, inspiring participants to make informed financial decisions and embrace a culture of smart investing.
What is SWP and how is it useful after retirement?
SWP means Systematic Withdrawal Plan, where you can withdraw a fixed amount regularly from your investment. It is useful after retirement because it can work like a monthly income while the remaining amount stays invested. This helps in managing regular expenses without withdrawing the full investment at once.
Can we switch from one mutual fund to another later?
Yes, mutual funds can be switched later if your goals, risk level, or fund performance changes.
Many people review and update their portfolio from time to time based on their needs. But frequent switching without proper reason is usually not a good idea.
How do we avoid investing based on rumours or social media tips?
Nowadays, many people invest just by watching reels, videos, or random tips online.
Before investing, always check proper facts, understand the product, and see whether it actually matches your goals. It’s better to take informed decisions instead of following market hype.
Why is long-term investing always recommended?
Long-term investing gives your money more time to grow and benefit from compounding.
Short-term markets may go up and down, but over longer periods, investments usually become more stable. Patience and consistency are often more important than trying to earn quick returns.
