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 […]
“The stock market is filled with individuals who know the price of everything, but the value of nothing.” – Phillip Fisher Financial advisers, play a critical role in our life. It’s very important that you find the right people to help you manage your wealth well – after all, like it or not, your financial […]
In life, when you believe you will do well, you have taken the first step to doing well. This rule applies to investments, as well. Those who don’t believe in a better future, tend to be less successful as investors. This is not an unscientific opinion. Research has proved this. When you seek doubt you […]
The latest budget has an announcement on Long Term Capital Gains Tax (LTCG). It has drawn a lot attention. Why? What does it mean? And how does it affect your investments? Allow us to elaborate. The budget proposes that a nominal tax of 10% will be levied from 1st April 2018 on any gains in […]
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 […]
We had been invited by one of the big consulting corporate to take a session on importance of managing money for their employees. Ravi made a case for why one should be managing earning by giving many anecdotes and example. Audience was wonderful, very young enthusiastic crowd. We got very good response in attendance, house […]