Why It’s Important for Indians To Make A Will?
A will and a dispute over it has been the plot of many a crime thrillers, both on paper and on a reel. After all, a will is a legal document which records how the personal wealth would be distributed among the family. It dictates the division of property which can be then transferred to the named legatees in the correct manner. Yet, believe it or not, many Indians today abstain from making...
Best Retirement Products To Plan Your Retirement
The most vital planning that one needs to design is how to secure his/her retired life. Everybody will undergo this crucial stage of life, but, if you plan for the same in a better manner, your retirement life can be smoother. Especially in India, since the economy is highly dynamic and there are so many products which claim to provide you financial security even after you retire, you...
Think Rich to Retire Rich
Who doesn’t dream of being rich and living a lavish life? All of us aspire to have a beautiful house, the latest car, travel the world and have a good bank account that lets us live life to the max. There are some who are born into a rich family, while others become rich by their own efforts. Naturally, becoming a millionaire is no ordinary deal. It requires you to save money and invest...
Save Your Later Years with retirement plan
Good things and good opportunities, once ignored, go waste. This is the same with your retirement plan. A retirement plan should be done with great caution, as the channel was chosen shall be final. To prepare an effective plan and execute the same, you need to devote adequate time and seek expert advice. It is essential to hire an experienced financial planner for creating a...
Thinking To Buy An Online Term Insurance Plan?
Online term insurance plans are gaining widespread popularity because of their economical nature in comparison to insurance options enrolled into via agents or an insurance agency. This cost saving is a direct effect of diminished selling and marketing expenses associated with online products in stark contrast to those bought from a physical agent or office. However, we do face some...
The ABC’s of Financial Planning
We all have certain goals in life, things we wish to achieve, cars we wish to buy, countries we wish to visit. Inflow comes in form of earning from a regular 9-to-5 job, business or other sources. But seldom are we able to attain our goals in spite of having adequate financial resources. The main reason behind this lacuna is the inadequacy of financial planning which otherwise...
Trending or Traditional; Mutual Funds VS Fixed Deposits
Ambassador car was once a top gun of Indian automobile industry. Leaving apart the look factor, it was one solid performer in terms of strong body, spacious indoor and superb mileage. It was impossible to think of any suitable alternative of ambassador during the 90’s era. But a decade and significant automobile innovations later, the ambassador can hardly be traced in the automobile...
Effects Of GST On Your Current Mutual Funds Investment
Goods and Services Tax or GST which has already been nomenclature as India’s biggest tax is going to be a reality from 1st July 2017. In such winds of change, mutual fund investors are extremely worried about the impact of this new tax regime on their investments. In today’s article, we will focus on areas in which GST will have an impact on the Mutual fund investments of investors....
Systematic Investment Plan (SIP) 101
Every salaried employee, especially the ones working in private or unorganized sector, strives hard to make the most out of their surplus money. This class of people, commonly known as “AAM NIVESHAK”, or mango investors, wish to plough money into what will reap them bigger and better results in comparison to plain old fixed deposits (especially given the ever decreasing fixed...