A lot of investor participation goes into opting for the strategy to protect from market bubbles! An investor is better positioned when he possesses a strong financial knowledge, has more time to watch market movements and above all a basic understanding of the assets markets. The investors’ ability to make use of the various financial… Read More »
Figure the objective of the investment. Understand the scope or mandate of investment. It outlines the debt-equity mix and the type of instruments that the fund would invest. It indicates where your money will be invested by the fund manager i.e. whether large, mid- or small-cap specific, the level of diversification, the option to the… Read More »
The easiest loan that any businessman can get is the daily/weekly payment loans from local financiers. But the interest rate here can be very high – in the order of 3% and above per month. Also there is the element of getting lesser amount that the loan amount due to advance payment of EMI. A local… Read More »
Saving on the net interest is the significant advantage of prepaying the home loan, other than the fact that you will retain the complete ownership of the house earlier than planned. The longer the loan tenure, the more the interest repaid, hence its best to repay your home loan in the shortest loan tenure possible,… Read More »
Different banks are coming up with different schemes to home loan customers. You have different options to choose from and should use this option to find out about the best deals available for you. However, when you look at a home loan, it is important that you take into consideration not only the interest rates… Read More »
As per the SEBI circular – Entry Load for the schemes, existing or new, of a mutual fund has been removed. The investor would pay the commission upfront to distributors directly. The distributors should disclose the commission, trail or otherwise, received by them for different schemes/ mutual funds, which they are distributing or advising the… Read More »
ULIPs are similar to mutual funds except that they provide life cover, tax benefits and need to be kept for long term. On the other hand, term insurance is actually insurance where your dependents get sum insured in case you die, but nothing if you outlive the insurance term. Both term plan and ULIP do… Read More »
According to Mark Mobius, global investor and emerging markets fund manager, some parts of India and China could become ‘next Dubai’. In his interview to Bloomberg, he indicated that considering the liquidity in the two Asian nations, there could be isolated pockets of disaster on account of over-spending and over-leveraging. While he mentioned that though… Read More »
Ideally banks offer loan amounts up to a limit of around 50% of your income. This does not mean you should utilize the entire limit available. Keeping EMI repayments within 30-40% of your budget will help you save nearly 30-50% of your income. Money management experts recommend that you should try and save up to… Read More »
Recent reports seem to indicate that a very small percentage of senior citizens only seem to have taken advantage of the facility since its inception. This could be perhaps a better awareness had not been created about the product. The product is still evolving and may take on new dimensions depending on how the banks… Read More »