WealthCare Vest

  Published by WealthCare Vest by Raghav Tagline: Caring for your wealth, strengthening your investment 👉 Explore All Services ✅ Introduction When people think about investing in mutual funds, the most common question they ask is: " Which app is the best to invest in mutual funds? " But here's the truth — this question is not entirely right. The real question should be: " Which is the best fund to invest in mutual funds? " Because just using an app doesn't guarantee good returns — choosing the right fund based on your goals does. Let’s break this down for you in simple language. 🤔 Why Asking About the Best App is a Misconception? In today’s digital world, there are many platforms like Groww, Zerodha Coin, Assetplus , Paytm Money, and ET money that help you invest in mutual funds. While these platforms make investing easy, they don’t help you select the right fund for your unique financial goals. Apps are just tools to execute the i...

Published by Raghav Goel | WealthCare Vest Caring for your wealth, strengthening your investment 🔗 Explore More Blogs 🛢️ The End of the 1974 Oil Deal Between Saudi Arabia and the US In June 2025, a historic economic agreement came to an end. Saudi Arabia did not renew its 50-year-old oil deal with the United States — a deal that once changed the global economy. Back in 1974 , the US and Saudi Arabia had a simple but powerful agreement: "All Saudi oil sales will be done in US Dollars." This created what we now call the Petrodollar system . 💵 What Was the Petrodollar System? Petrodollar means US dollars earned by countries through the sale of oil. Because of the 1974 deal, almost all countries had to buy oil using US dollars , even if they weren’t American. This created huge demand for the US dollar , increasing its value and influence globally . 📌 Example: If India wanted to buy oil from Saudi Arabia, it had to convert rupees to dollars and then buy oil. ...

  By WealthCare Vest | Raghav Goel 📅 Published on June 15, 2025 When most people hear the word investing , they often think of the stock market, mutual funds, or fixed deposits. But the truth is, investing is not limited to just these financial products . Let’s break it down simply — because understanding investing is the first step to building real financial freedom . ✅ What is Investing? Investing means putting your money to work so that it grows over time . It is not only about putting money in mutual funds, FDs, or real estate — any money you set aside today that gives you a return tomorrow is an investment. For example: Saving ₹1000 in a Fixed Deposit that earns 6% annually ✔️ Putting ₹10,000 in a Mutual Fund SIP that grows at 12% annually ✔️ Lending ₹5000 to a friend who returns ₹5500 after a year ✔️ Even storing ₹500 in a piggy bank (though it gives 0% return) — is a form of saving, not investing ❌ 💡 So, How is Investing Different from Saving? ...

  By WealthCare Vest – Caring for your wealth, strengthening your investment 📅 Published on June 15, 2025 🔗 Explore all insights What is Insurance, Really? Let’s be real. Many of us wonder – "Why is everyone, especially finance influencers, always talking about insurance?" "Is it really necessary, or just another financial product being sold to us?" The truth is: Insurance is not a product. It is a service — a financial safety net . Let’s break this down in the simplest way possible. Understanding the Concept The word “insurance” is made up of two parts: Insure = to protect Ance = action So, insurance means the act of protecting . But protecting from what ? From unexpected events that can cause: Financial loss Medical burden Property damage Loss of income Real-Life Example – Why Insurance Matters 🚗 Example 1: Car Accident Rohit owns a car worth ₹7 lakhs. He didn’t buy motor insurance. One rainy day, the car skids and...

Meta Title: What is Insurance? Meaning, Types, and Importance Explained Simply Meta Description: Learn what insurance really means in simple words. Understand its importance, types like health, life, vehicle insurance, and why every person should know about it. Introduction: Understanding Insurance in Simple Words At some point, all of us have heard the word “insurance” – from banks, agents, or family members. But have you ever stopped and asked, what exactly is insurance? Let’s break it down in a very simple way. What is Insurance? Insurance = Insure + Ance Insure means to protect or help Ance means action So, insurance means protection against harmful actions or unexpected events that can cause a loss — financial, emotional, or physical. In life, anything can happen anytime — accidents, illnesses, theft, fire, or even death. Insurance is like a safety net that protects us when such unfortunate events happen. It provides financial support , so we don’t suffer...

Why NAV of Direct Plan is Higher Than Regular Plan? Understand the real difference and what it means for your investments By WealthCare Vest — Caring for your wealth, strengthening your investment 📌 Introduction Have you ever noticed that the Net Asset Value (NAV) of a Direct Mutual Fund Plan is higher than that of a Regular Mutual Fund Plan ? Many investors get confused seeing this difference and often believe that the higher NAV means better returns. In this blog by WealthCare Vest , we simplify the concept and help you understand why this happens, what it really means, and whether it should impact your investment decision . 🔍 What is NAV in Mutual Funds? NAV (Net Asset Value) is the market value of one unit of a mutual fund. It is calculated as: 📊 NAV = (Total Assets – Expenses) / Total Number of Units A higher NAV doesn’t mean the fund is better or worse. It just reflects the fund’s current valuation. 💡 Direct Plan vs Regular Plan – What’s the Key Difference? C...