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 »
Most conservative income earners do not buy the concept of credit since they consider it to be an extra burden on their finances. The term plastic cash is considered to be toxic since people are in the assumption that credit and debit cards can increase their chances of getting into a fraud transaction or might… Read More »
Banks are not only famous for their credit services like their lending options and packages when it comes to offering products like credit cards, personal loans, car loan etc. There are a lot of other features which banks these days have started researching into so as to widen their customer base depending upon high public… Read More »
Cobranded credit cards work on brand partnership, when two companies form an alliance to work together, creating marketing synergy. For e.g. : Citibank credit card and Shopper’s Stop have an alliance. They are credit cards, which are associated with particular airlines, travel or retail outlet. These cards can be used just like regular credit cards… Read More »