8 Common Investment Mistakes You Must Avoid
Strategies of wealth management are some basic fundamentals that everyone should be aware of. The power of intelligent investment in the creation and multiplication of wealth is indisputable. However, many of us are not aware of some basic flaws that every investor might fall prey to. We often treat terms associated with investment strategies as financial jargons meant only for the erudite....
Are you a Yes Bank Customer? If Yes, No need to panic.
Suddenly after last evening, everyone is getting nervous about the whole situation as RBI placed Yes bank under Moratorium. First of all, calm down. Let’s first understand what actually happened. Although it seems to be a sudden move taken by the RBI , it has not come overnight. Post IL&Fs crisis Reserve Bank was in constant touch with the banks to find out undisclosed...
FM Throws A Lifeboat To Save The Sinking Economy
Union Finance Minister Nirmala Sitharaman addresses the concerns over the on-going economic slowdown in the country after Moody’s Investors Service reduced India’s GDP growth rate to 6.2 % from the previous estimation of 6.8%. The intent to announce a slew of measures to revive growth in the economy was to understand the concerns of the industry and help the sinking economy. The FM gave...
Financial Planning For New Financial Year 2018-19
Most of you must still be reeling from the last-minute financial decisions you took a week back as the financial year came to a close. The new financial year is upon us and while last few days of the last financial year saw a sluggish market (thanks to a list of holidays), the new financial year has brought the focus back on finance and financial planning. So, if you are still procrastinating,...
Saving Lessons You Can Learn From Your Parents
Balancing all one’s expenses, desires and goals comfortably with one’s income seems to have become a never-ending and exhausting task. No matter what one is earning, it never seems to be sufficient to take care of everything. Yet if we look back, we will realise that our parents always seemed to be a lot more relaxed regarding their attitude towards money. Irrespective of their earnings, it...
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...
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...