A seed planted early will bear a fruit in time. The same principle applies to children. As teenagers or sometimes even as young adults children often tend to behave as if money grows on trees.
Companies have an option to raise money by issuing fixed deposits that usually offers higher than that offered by banks deposits of similar tenure. But beware! It comes with risk attached. Read this space to know if it is worth taking risk to earn that extra interest rate by investing in company FDs.
Mumbai-based PersonalFN explains whether home loan insurance is the best option to cover your liability.
Students from India are making a beeline for foreign universities to pursue post graduate programs. According to a survey conducted by Indian Institute of Management, Bengaluru (IIM-B), the number of Indian students going abroad went up almost two and half times between 2000 and 2009.
All of us build our contingency reserves and keep it in our locker or savings bank. Along with maintaining liquidity, it is also possible to earn a higher rate of interest on our deposits in savings account. Here are the 2 options that can help you earn a higher rate of interest on your money lying idle in your savings account.
Faced with intractable fiscal deficit situation, Finance Minister, in Union Budget 2013-14, has tried to pull out all the stops to bolster up revenue by plugging loopholes in taxation. However, this has resulted in some of most popular investments avenues losing their appeal. Read this space to know how it will impact investors.
Allowing MF houses to launch RGESS has given MF industry a good opportunity to attract long-term investors. However, it seems MF houses have still not learned lessons from their past mistakes. They still want to use the old trick of paying high commissions to distributors. Will it lead to mis-selling of RGESS? Read this space to know more.
With many of us engaged in an economic activity to earn a livelihood, we have bank accounts; and deposits and withdrawals are the core activities which we perform.
We are in the month of December already, and we are quite sure that many of you would be jotting down your â€œto-do listâ€ for the next calendar year.
All salaried individuals working in organizations registered under the Employees Provident Fund Organization, contribute monthly to their Employees' Provident Fund (EPF). But it has been observed that not all individuals know the features of the EPF. Read this space to know the 3 main things you need to keep in mind about the EPF.
The Foreign Institutional Investors (FIIs) participation in the Indian equity market was quite heartening to see the ascending trend continuing.
The Indian Government has been on a fast track as far as reforms are concerned in the past couple of weeks. This has not only brought back investor confidence but has also made the rating agencies to think again about downgrading Sovereign Credit rating of the country.
In the month of September 2012, domestic mutual funds continued to be net sellers in the Indian equity markets.
Is your Public Provident Fund maturing? Read this space to know what to do with your PPF account once it matures.
Public Provident Fund or PPF is a small cum tax saving scheme which aims at savings for the retirement. Get clear understanding of the most popular saving instrument in India and make the most of it. Read this space to know important things you need to know about PPF.
After a long lull the Government in power seems to be going gung-ho in flooding the Indian economy with reforms, thereby proving their mettle and sending out a strong message to the global economy about the growth prospects in the country.
Ask an investor, which investment avenue he wants to invest in and there‘s more than a fair chance that he will say â€“ the one that can deliver the highest returns. Sounds reasonable, doesn‘t it? Why would an investor like to settle for anything less than the best, right?
In the present world of financial innovation and exuberance, it is quite difficult for an investor to make the right choice. Unfortunately most of the advisors, relationship managers or agents are driven by commissions and thus do not give much importance to the interest of the investors while selling financial products.
This is by far the most important document for any individual. If you don‘t already have a Will, please make a Will this weekend without fail. It is not difficult, and is very important to do.
Despite exhaustion in the market, gains were seen in some of the diversified equity funds category, especially those following mid & small cap bias, and opportunities / flexi style of investing.
Mediclaim for senior citizens is certainly not as easily available nor is it as comprehensive (as a policy) as mediclaim for someone who has not yet crossed the age of 60, but it is still available.
A combination of assets, i.e. a portfolio, is referred to as "efficient" if it has the best possible expected level of return for its level of risk (usually proxied by the standard deviation of the portfolio's return.
Mutual Fund houses have come out with funds with an insurance cover of upto Rs 20 lakh. These schemes are structured in a way to pay out about 50 - 100 times the SIP amount provided that an investor stays invested in the fund for 2-3 years. But, in case of redemption from a respective fund, the benefit of an insurance cover will not be offered.
Often investors like showered with a lot of information on how to assess a mutual fund scheme but never are they guided on how not to evaluate a mutual fund scheme. PersonalFN highlights few points which many a times investors fail to consider while investing in a mutual fund scheme.
Anyway you look at it, knowing where you want to be is the all-important first step, and the rest follows. To draw a parallel in the world of financial planning, you first need to decide what you wish to achieve.