Blog about Financial Education, Advisory & Planning
Last month, the Finance Minister announced a spate of bank mergers. This consolidation will bring down the total number of public sector banks (PSBs) in the country to 12 from 27 in 2017. The question on everyone’s mind is how this will affect customers & what action customers need to take for a smooth transition. …
With so much being discussed about the new FRDI Bill there is hue & cry about how safe your bank deposits are. There are two facets to that discussion in case your bank becomes bankrupt. Firstly in case of distress will the bank wind up or will it be bailed out by the government. Historically …
The current rally in Indian market is fuelled by strong liquidity from domestic investors. With low bank fixed deposit rates, subdued real estate market (with high transaction cost) and stagnating gold prices, equities seems to be the most viable domestic investment avenue for investors. Thus in spite of the markets reaching all-time highs & rich …
Is your retirement round the corner? How to allocate your money among various assets to generate a decent return maintain a healthy lifestyle as long as you are alive. As a thumb rule, retirees should have an asset allocation which is based on their needs and not age. The person should have some equity allocation …
What is Capital? Capital is our hard-earned money which we save over the years. The next question thus is Why do we save? We save to meet our needs or goals in the future, or perhaps for contingency. Thus we invest the money we have with us instead of spending it, and wait for consumption for …
Though lending rate decline is good news for home loan buyers, decline in FD rates are making investors worry. With interest rates for deposits falling to 6-7% levels retail investors are feeling the pinch. So how to deal with a falling interest rate scenario and are there alternatives is what investors are thinking now. Mutual funds, …
Interest rate fall- Think beyond bank fixed deposits… Read More »
How does it matter that most of the debt products give similar return of 8-10%, and then why not invest in only one product i.e. Bank FD for 10 years for which bank is offering about 9.5% for 10 years. However a product needs to be understood from the point of view of the investment …