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 […]
As you grow in your profession and career, your earnings increase. And so do your lifestyle-related expenses. The thing about lifestyle-related expenses is that they are often unnoticeable; in other words, they creep up on you, because of which they are often hard to control. For e.g. Watching Movies in mall at PVR & INOX […]
Do the Math and sell your property if It’s a non performing asset ! The math does not add up. The real estate refugees from the builder excesses of the past are now stuck between a rock and a hard place. These are the people lucky enough to actually have a finished flat with possession […]
“I can never be all the people I want and live all the lives I want.” ― Sylvia Plath, The Unabridged Journals of Sylvia Plath This is one of the strongest reasons to read books and learn new things and fill your life with more satisfying experiences about all the things that interest you and make a difference […]
One of the essentials of good investment planning is preparing for the future, whatever it may bring. Therefore, a vital component of a solid investment planning is an emergency fund. An emergency fund is designed to cover a financial shortfall when an unexpected expense crops up. Your emergency fund can serve as a place to […]
The desire to keep an eye on your money is natural. But doing it too often can hurt you, and your money. Let us look at why this is so. We always want to see our portfolio growing. But ups and downs are a part of life. This rule also applies to your portfolio. In […]
What is action bias? As per Business Dictionary—Action Bias is the propensity to act or decide without customary analysis or sufficient information. In short, it’s ‘just do it or something,’ and think later. Recently, we shared this quote by Paul Samuelson on our FB page – Investing should be more like watching paint dry or […]
Daniel Kahneman, a Nobel Laurette for his work on the psychology of judgment, decision-making and behavioural economics, has put forth ‘’Principal of loss aversion”,which says people dislike losing money more than they like making it. People feel losses more deeply than gains of the same value. This is so true. This is because money matters […]
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 […]
In line with a broader decline in interest rates, banks have been consistently lowering interest rates on fixed deposits (FDs) and savings account deposits. Why FD rates are declining For the last 5 years, the government is consciously targeting a low rate of inflation. But what does inflation have to do with rates of interest on […]