Broccoli soup or Grilled Chicken? Salad or Burgers? You probably did not pick the Broccoli soup but we all know that it’s healthy. When it comes to investments, people have their own preferences with gold, land and FDs, but not many pick equities. Equities are considered risky and some even consider them akin to… Read More »
When Frank Sinatra sang ‘Fly me to the moon…’ he probably wasn’t thinking that we humans would actually make living on the moon possible. Although that plan is for a couple of years away, you could always start saving up to make it to the moon. Tax saving investment plans could just be the… Read More »
Magic tricks and illusions are really difficult to understand until someone gives away the secret to it all and breaks the illusions. Figuring out why different banks react differently to RBI’s rate cuts might seem just as difficult to understand but here we break the illusion for you. It All Comes Down to Cost … Read More »
Amitabh Bachchan might be in trouble for endorsing Maggi, but we still trust him. After all, he asked us to get checked for TB, made sure every kid got Polio drops and told us to have Chyavanprash every day. These might not have been our favorite activities, but we still trust the Big B. He’s… Read More »
No matter how savvy an investor you are, a little certainty of returns from the investment portfolio adds to your comfort. If equities give wings to your portfolio, fixed income instruments offer stability and certainty. Therefore, it is important to have a right mix of debt and fixed income investment options in your portfolio. Prateek… Read More »
In India, bling is the only king. The women want more of it in their jewellery, the wise advise saving it for the bad times and rich offer it to god so that they can stock up more. The truth is we just can’t do without gold. Despite the government begging them not to, Indians… Read More »
Are you overprotective about your funds? Or, are you eyeballing an excellent diversification tool for your relatively riskier portfolio? Then Fixed Income schemes are the best investment option for you. Fixed income schemes are those that help an investor to earn pre-defined returns within pre-defined time frame. These kind of investments are apt for those… Read More »
When emergency arises, you start looking for sources where you can arrange money from. You forage for assets that you can offer to get loan from the bank or else start looking for personal loan providers. Have you ever thought that the fixed deposits that you made years ago could come to your rescue? You… Read More »
She discussed the idea with her close friend Ashwath, who suggested she put the inheritance in a fixed deposit and get a home loan, as she could avail tax benefits for her income. Suchitra decided to mull over this and do her research on the subject.
A Fixed Deposit / Term Deposit is an account which allows one to deposit money for a fixed time period. When the deposit period is over, (i.e. at maturity of the deposit) the depositors get interest on the amount that is deposited. The fixed deposit interest rates can be as high as 9.5%. Any individual/HUF/Trust/Partnership… Read More »