Company fixed deposits (FDs) offer assured returns, which are generally 1% to 3% higher than the interest rates on term deposits in a bank or post .office. However, here are some of the most important things to keep in mind before you rush to invest in a company fixed deposit. If you fall in the […]
There is struggle between, ‘Enjoy now or save for the future’. We constantly endevour to find the balance between enjoying life now and ensuring we have the resources to live well later, during our retirement years. There is no ideal balance for everyone because we all have different goals, needs, resources, expectations, and desires. The […]
Last week, we looked at how to measure returns. In that, we mentioned the fact that interest rates on fixed deposits are falling. This trend will continue. In such a scenario, as an investor not looking to take risks, what are your options? In India, most households prefer to invest their money in fixed deposits. […]
It’s important to understand what Kind of returns Your investments are Giving. Last week, my father called me to tell that my old LIC policy(my first job, first policy, the one we all buy to save tax) is maturing and that it’s giving me only 3.52 lakhs – as per his expectation money should have […]
Many of you must be familiar with the name ‘National pension Scheme (NPS) ‘. Last year after budget 2015 it has got much attention through media and corporates alike for the additional tax benefit announced. We received many queries from our existing clients if it is worth to invest in NPS or not. Many corporates […]
Today Government of India (GOI) announced opening of second tranche of Sovereign Gold Bond issue.The issue is open for subscription till January 22.We got a query for should one look at investing in this scheme? Here is our quick take on the scheme. This is one of the Schemes which GOI wants to promote to […]
We have been getting queries for newly proposed Sukanya Samriddhi account for the girl child. And so we thought we would give our take this special savings account for girls in the week of International Women’s Day. So, here’s to the ladies! For starters, investments in Sukanya Samridhhi account fall under the EEE category. There […]
The time is ripe and right for considering an allocation in Debt Funds now. In fact, the time do it is now. The much-awaited and anticipated rate cut by the RBI has come in effect last week, in the form of a 0 .25% cut in the repo rate, the reasons for which we […]
2015 is here. And things are on the move already. For starters, things look more positive this year because of the policy dynamism shown by the new government in particular. That apart, falling interest rates, a possible acceleration in growth rate and lower crude oil prices are the likely triggers to get the Indian […]
8 habits of financially successful people you should imbibe 1.They make a plan By failing to prepare, you are preparing to fail,’ said Benjamin Franklin. Planning is clearly the unstated commonality among winners and the first step to formulating a successful strategy. Next is framing of goals. The final step is to start saving for […]