Sunila walked out of the debt counselor’s office in a pensive mood. She had accompanied a close friend of hers for moral support. Her friend Divya had actually opted for the services of a debt counselor having run into some financial trouble and some pending loan dues.
Wishing for a cozy, quiet and calm vacation away from home this holiday? Hoping to be guilt free of all the shopping and expect to claim maximum discounts and cash back offers on your hotel and restaurant bills? Well all these can come true, thanks to the amazing offers offered by co-branded travel credit cards,… Read More »
Investments into equities are suggested for those investors who wish to invest keeping a long term scenario in mind. But there are certain investors who invest in equities when they ride high and these investors are termed as speculators. Now this practice may not always be favorable to speculative investors since in the eventuality of… Read More »
Investment corpus: The first step an investment firm analyzes to understand if you are a HNI (High Net worth Individual) or not, is by evaluating your investment corpus. If you have assets worth Rs.10lakh – Rs25lakh then you may not be nominated as HNI. However, if your corpus is well over Rs50 lakh – Rs1… Read More »
These days, it is assumed to be a fashion statement if you are a holder of multiple credit cards. With the ever growing and “always-in-demand” factors of holding credit cards, banks and credit card companies have definitely found their ways to keep the business of lending up and high even in these times of financial… Read More »
Investors need to realize that if wealth creation is their motto then this can be achieved by increasing their risk appetite and investing in funds that provide more equity exposure. Your rate of return will depend on your exposure toward equities much more than debt. Although investing in equities involve risk towards your investments, but… Read More »
“Inflation” is the one dreaded word that can shake the confidence of economists, investment bankers, policy makers and even the government! Well, the harsh reality is that if the economy is growing inflation will definitely raise its head to haunt you. Let’s try to explore why it is such a dreaded word and is there… Read More »
National Pension Scheme, which was introduced just 2 years back, is for those investors who wish to receive a monthly income after investing for 5-10 years. It comes with an initial lock in period of 1 year after which the investor can prematurely withdraw funds from the account at an interest of 3% and if… Read More »
With high interest rates looming in the air, most investors are puzzled as to what type of funds should they opt for in order to promote a healthy growth of their investments. In such a scenario, debt funds should not be a probable choice since they operate on bond prices. The reason why it might… Read More »
Loans are not a nightmare as they seem to be. They can help you achieve your goals and also buy the assets that you have always wished for during periods of financial tightness. But there needs to be certain level of prudence that needs to be adopted while signing up for such debt. In situations… Read More »