Saving account (SB) has been the unique link that joins a common person with a bank. It has come up with lots of changes from the past when people had the choice of few banks that too with one type of saving bank account in an offer. Now people have a variety of options to… Read More »
Given the volatility of financial markets all over the globe, SIPs have now become the preferred means of investment for the common investor who does not have the adequate risk appetite. Opting for SIP would mean investing regularly over a period of time. The time frames for investment is fixed at time of taking the… Read More »
Old age can be very challenging, or rather miserable, when there is no financial support from any source. Taking this into account, some of the finance companies have introduced the Reverse Mortgage scheme in India. This scheme originated in the United States and has gained popularity in the West since its inception. Reverse mortgage, as… Read More »
The arrival of a kid brings in a lot of happiness into the family, especially to the parents, at the same time it also brings along many responsibilities for the couple. All of us are responsible; but uncertainty could collapse the financial health of the family at any time. It is sensible to save money… Read More »
India is witnessing a fall all around from the stock market to currency value. The only thing that is showing some strength in the market is Inflation. Even theory of relativity fails when it comes to pulling down the Inflation in India. Crude price has recently shown some weakness as the price of Brent has… Read More »
Recently, RBI has also deregulated the savings rate along with increasing the policy rates by 25 basis points, the 13th time in the last 18 months.
Uncertainty in the global markets, slower recovery of developed economies, volatility in the stock market and sub-optimal economic policies across the countries has forced people to find safer havens for investment. This is where gold scores over other investment options. Not only people, but nations also repose their faith in gold. Gold has been making… Read More »
Note that knowledge of current personal net worth is essential to make financial decisions. It is important to reevaluate personal net worth while making any important financial decision as the value of assets and liabilities is likely to change. Also, net worth should not be considered in isolation. It is a good idea to consider… Read More »
Gold is said to be the most-favored investment instrument in India. In year, 2011, India imported 969 tons of gold, which was much higher than the previous year. In every Indian wedding gold shares a major part of total bill and it is regarded as women’s most secured treasure. India’s main gold suppliers are Australia… Read More »
Not taking a very conservative stand doesn’t mean you should play aggressive in the markets. An investor is bound to lose money even if he chooses to take a very aggressive stand by investing his money in high risk avenues such as equities without even taking enough care to understand how they work. The middle… Read More »