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 »
Building your own independent home is a dream that many of us want to do. The thrill of owning your own piece of land, building a structure as per your requirements, and helping design the architecture with your architecture friend sounds very attractive. Of course it goes without saying that a lot of painstaking work… Read More »
In this era of recession, deflation, and job cuts, it is especially important for you to consider where your hard-earned money is going; financial security is the key in today’s unpredictable world. And the first step towards gaining that security is to have a saving plan.
FoF is a mutual fund that invests in other mutual funds belonging to the same fund house or belonging to other fund houses. Basically, it is a collection of different mutual funds. These funds can be either debt or equity depending on the objective of the FoF. The FoF in India is Franklin India Dynamic… Read More »
Wedding insurance does not fall under traditional policies and hence unknown to many. Wedding is a special occasion that stays fresh in our minds for the rest of our lives. Especially in countries like India, it can mean a lot of happiness and a lot of money! It is planned months ahead and people make… Read More »
Gold has over the years proved its worth not just in terms of jewellery but also in terms of investment. Considering the run for the metal in the last decade the annualised return on the investment was over 19.5% on an average for each year. Today like most of the commodities even the gold prices… Read More »
If you are still studying and think there is no need for you to plan your budget and believe the responsibility of planning the finances rests solely with your parents, then you need to reconsider! A few mistakes you commit during these critical years might trouble you for the rest of your life. You should… Read More »
How does compounding work? When you save Rs.100 and get an annual interest of 10%, you will have Rs.110 at the end of one year. If its a compounding interest rate, then next year you will get a 10% interest on Rs.110, which then makes it Rs.121. The next year, interest will be calculated on… Read More »
A lease through the company is helpful especially in cases where employees, for short durations, are required to work from offices located in different cities or work from client’s workplace. Employees are benefited with a ready accommodation in new destinations and it helps them settle down faster in the new place. The company is also… Read More »
You never know what’s in store for you! For instance, we cannot control outside events like recession. No matter what you do, it is going to affect all of us in some way or other. However some simple tips like optimum asset allocation, debt reduction, keeping emergency cash will help you tide over the rough… Read More »