When you compare cars, check the mileage that they are offering, accessories and features offered, the insurance cost of the car, the maintenance cost of the car and the warranty offered with the car. If you are not picky about the color of the car, a color which is not that fast moving may come… Read More »
Our society is changing. Nuclear families are the norm. Inflation is high and hence money needed to fund the retirement is increasing. Additionally due to longevity of life, the requirement for retirement fund will further increase. This is where the right retirement planning helps individuals spend their time in old age with dignity.
Different banks quote their interest rates differently. Some might quote rates with an annual rest, while others may quote rates with a monthly rest. In every case the bank will usually quote the ‘annualised rate’, which is obtained by multiplying the rate per rest period into the number of rests per year. For example: In… Read More »
As per Delhi government, 6.5% houses in Delhi have high damage risk and 85.5% have moderate damage risk (going by the Vulnerability Atlas of India (1997), in the event of an earthquake of intensity 8). If an earthquake similar to one that struck Japan, struck Delhi, as per the experts the devastation will be unimaginable.
A home loan transfer (also known as refinancing or balance transfer) is an option that most individuals opt for to avail the benefit from lower interest rates prevalent in the market.
Gold is considered an excellent hedge when market conditions are volatile, high credit interest rates prevail and when inflation is high. Currently all three conditions hold true, making gold a much sought after investment option. Recent spurt in gold prices has spruced up the value of the yellow metal further. Not only is it providing… Read More »
The second most important price adding factor is probably the taxation involved vis-à-vis the city of purchase of your car. The price variation between a Maruti Swift taken in Chennai and one taken in Mumbai could be even upto Rs 25,000/- costlier in Mumbai. Similarly there exists a huge price difference between models taken in… Read More »
When you pay the premium for this plan, part of the premium amount goes towards paying for the life cover. Remaining part of the premium is invested in various instruments either debt or equities. However this portion is quite small, as the insurance companies tend to deduct premium allocation charges upfront. These charges are meant… Read More »
It is really important for an investor to first understand the economy and the financial systems prevalent in the market before he decides what to invest in. With the cost of crude oil having increased considerably per barrel, the Indian government has also acted by increasing the price of petrol and diesel severely. Other stocks… Read More »
There is always a direct relation between prices of certain commodities and inflation. Let’s take the price of oil. This and inflation are connected in a cause and effect relationship. As oil prices move up or down, inflation follows in the same direction. The reason why this happens is that oil is a major input… Read More »