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 »
Never really thought about this option? Well it is the fact. If your Public Provident Fund (PPF) has completed 1 whole financial year, then most probably you will be entitled to get a loan against it. But first, there are certain conditions that you need to fulfill. Firstly, your account need to have completed one… Read More »
It is quite sad, literally to experience certain unwanted assets being forced upon just for the fact the company needs to sell it or they find you as a customer who has enough to pay for it. If you are a person who might just be experiencing a situation where a housing loan company gives… Read More »
Most of us know that it is never too late to start saving but the time can slip between your fingers. This year if you are turning 30, gift yourself with a financial plan, if you are debuting in this field. Starting early gives you the advantage of enjoying higher returns due to long investment… Read More »
The standard procedure involved when you decide to change your bank primarily involves registering the new bank account by filling the registration form. You are also free to get rid of the existing details of your bank account by way of registering multiple accounts so as to make investments in your personal folio number. Secondly,… Read More »
Most investors do not want to let go of the tradition of investing their funds into Fixed Deposits, National Savings Certificates etc. Although these deposits offer you return, they are just not good enough. But how much of your income is good enough to be saved? If you wish to increase your investments, it is… Read More »
Over the past few days, the global stock market has seen a steep surge in the demand for Exchange Traded Funds (ETFs), as investors have opened up to this comparatively novel concept in the commodities market. ETFs are securities that are although tracked as a commodity, or an asset, can be traded as any ordinary… Read More »
While the sudden plunge of the markets has caught indices off-guard, equity mutual funds have managed the volatility well, outperforming the functioning of indices. Contrary to what many market observers had predicted initially, indices haven’t responded too well to the declining effect of the market, crashing heavily on the expectations of purchasers in the market.… Read More »
Most investors have the mind-set that investing n Mutual Funds and other equities related sources are quite risky and opt for the traditional approach of saving – investing in Fixed Deposits, Recurring Deposits etc. These funds, upon maturity do not provide adequate returns when compared to equities. Therefore, you might end up taking a debt… Read More »
New investors are in the belief that they should diversify their investments first and then consider the funds’ performance. This is a wrong approach. Not many times does an investor benefit from such a decision. Targeting tax saving funds is not a great idea. It is good to have one fund which provides you tax… Read More »