Daily Market Analysis – 14th Jan 2021
President Trump becomes the first president to be impeached twice. Trump was charged with “incitement of insurrection”, in a swift and stunning collapse in his final days at the White House. At least five people died in the violence that ensued as pro-Trump protestors breached barricades and advanced into the halls of the Capitol building, smashing windows and brawling with police officers....
Things to Know Before Buying an Endowment Plan
Many of us are impulsive buyers and a lot of the time we end up spending on a whim. We buy things which we may or may not need in the future. While treating yourself to such pleasures is in no way a sin, one should give equal thought to securing their future. If you relate to this, buying an Endowment Plan could be the solution to your savings and future security. People who have a steady...
How To Secure Your Child’s Educational Goals?
Having a good educational goal for the child is the dream of every parent. Parents focus and invest in their child’s educational goals so that their children join a career of repute once they grow. However, we understand that children’s education is also very expensive nowadays and parents have to shell out a lot of money for their primary to secondary education and for their college...
Daily Market Analysis – 13th Jan 2021
A significant shortage of steel supplies and a higher price of the key raw material has led to a sharp revision in the production schedules for the fourth quarter at leading carmakers. The production schedules for the ongoing fiscal Q4 are being revised downward by 15-20%, which could potentially mean a loss of over 1.5 lakh units in the January to March quarter for the industry. India’s...
Daily Market Analysis – 12th Jan 2021
Government’s consideration in increasing FDI limit to 74% in Insurance sector The government is considering increasing the limit of foreign investment in the insurance and pension sectors, which is currently pegged at 49% of paid-up equity capital, to a higher limit of 74%, at par with that for private banks. In recent years, the Insurance sector has shown promising potential for growth, a...
Daily Market Analysis – 11th Jan 2021
Due to the recent changes in the privacy policy of WhatsApp, where Facebook, the parent company can have deeper and granular access to the users’ data, users have shifted to the rival messaging app, Telegram, last week. Some very senior investors, deep-pocketing players in the pipeline, heads of large companies, etc. have also shifted their allegiance to Telegram and Signal for the...
ULIP Vs Mutual Funds. Check out where Mr Mehta invested.
Everyone wants to be safe and make the optimum utilization of their funds. However, not every financial instrument is made up of everyone. Financial Advisors always look at the following angles before advising the investment alternative. Short term Goal Tax saving instrument, Interest earning, etc. Medium-term Goal Wealth building instrument, Value Investing, Mutual Funds...
How Mr Sharma Plan his Retirement?
Mr. Sharma seemed quite tense while having a morning walk, which was either his work stress or retirement or something else maybe. I tried confronting on the same; “Hey Buddy, you look worried. Is there something you wish to share with me?” “Oh yes! I am not quite sure how to share my concern. But I can talk to you as a friend and maybe you can advise me as my Financial Planner.”...
