How to manage an Illiquid Investment?
When an asset or item is liquid it can easily change hands because there is little friction to the trading process and little or no price discovery. Some examples of liquid assets include cash, bit coin, publicly traded stocks, many exchange-traded funds (ETFs), and most municipal and government bonds. On the other hand, illiquid investments […]
How to Merge EPF Accounts?
Multiple job changes typically result in multiple Employee Provident Fund (EPF) accounts being opened, one with each employer. With the introduction of the UAN (Universal Account Number), it is possible to consolidate multiple accounts into one single account for each EPFO member. Retirement fund body EPFO offers a facility to its members that allows consolidation […]