I have been following Mutual Industry for past 15 years and I have always found that whatever the market/sentiments/economic condition, they find ways to make investor invest. Sometimes they are original ideas but mainly, they copy. Recent one is – CHILDREN PLANS. These are also called Children Targeted Funds or Child Growth Funds. The concept of Children Funds has come from insurance industry but they don’t realize that over time, in insurance also the concept has fewer takers as people have become aware that policies in name of children are just marketing gimmicksRead More
Financial Planning
How to Create Wealth? A DIY Series to Learn Wealth Creation Basics- Part 2
This is part 2 of the Series – Create Wealth – A DIY (Do-it-yourself) way. In this Part 2, we shall focus on taking it forward and get to know more pillars of Wealth Creation. This time, we cover Budgeting. Budgeting is important because it takes you to Savings. So, with a budget, you can know your saving potential.Read More
How to Create Wealth? A DIY Series to Learn Wealth Creation Basics- Part 1
You can create personal wealth. It’s possible to meet your financial goals. By choosing to budget, save and invest, you can pay off debt, send your child to college, buy a comfortable home, start a business, save for retirement and put money away for a rainy day. Through budgeting, saving and investing, and by limiting the amount of debt you incur, all these goals are within your reach.Read More
Think like an Olympian when it comes to Money
Sakshi Malik ended the 3-week drought at the Rio Olympics 2016, and PV Sindhu finished it with a sparkling silver. While we are welcoming our Olympic heroes for the medals our team is going to bring, but we all forget the hard work, the patience these guys put in to reach this stage. Not only ours, all athletesRead More
Can NRI invest in NPS (National Pension Scheme)
There are a lot of NRIs who are out of India at present but wish to return back to India in later years and settle. Can NRI invest in NPS for their retirement? Can NRI invest in NPS to take benefit of low cost? Can NRI invest in NPS to take benefit of taxation? Till nowRead More
Simplifying the Rule of 72
I am sure you know the thumb rule of 72. We all use it to know when we can double the money or what rate of returns we ought to earn to double our money. But do you know why 72 is used and not other numbers like 71 or 72? Well, it dependsRead More