BFC Capital successfully conducted its 294th Quality Circle Program at the University of Lucknow on 16th September 2025. The session was led by our COO, Mr. Sharad Bindal, who shared valuable insights on financial awareness and emphasized the importance of informed investing. The event encouraged active participation and meaningful interaction with the professors, fostering a deeper understanding of wealth creation and financial discipline.
What’s the real impact of starting late?
Huge! When you invest in mutual funds via SIP, your investments leverage the benefit of compounding; therefore, the sooner you start, the better wealth you accumulate as you get closer to your financial goal.
Is it too risky for someone who’s at the age of 50 to begin investing?
It’s not risky, but it definitely is a lot different. So, if you begin investing at the age of 50, you will have to choose safer funds, like debt or hybrid funds that align well with your financial goal, within the given time horizon. If we put it simply, the idea is to align your risk with the remaining time horizon and income stability and not just your age.
I have been putting money in an FD for years. Is that a mistake?
No, it’s not a mistake; however, it will limit your potential for better returns and accumulating a fulfilling corpus. FDs barely beat inflation. For long-term goals, FDs protect capital but don’t build real wealth. Diversifying some portion into debt mutual funds or equity hybrid funds can significantly improve post-tax returns.
What does ‘financial discipline’ actually mean in practice?
Financial discipline basically means that you are not spending more than you are earning, you are investing a fixed amount every month (before you let your lifestyle expenses take over your savings), and you are not touching your investments during market dips or personal temptations.
