|
Written by The RupeeManager Team
|
|
Wednesday, 18 January 2012 22:11 |
|
Top Fixed Maturity Plans have given a return of 9.5% over the last one year. (See top FMPs on ValueResearch). Fixed Maturity Plans is a type of Mutual Fund that invest in debt instruments and has a fixed maturity date. The FMPs are for Investors who want to park money for a fixed period of time with a view to meeting certain financial goals in near future. It is also for risk-averse investors who seek avenues for investment and in the process keep money in the form of bank deposits.
You can see a list of FMPs on offer on Valueresearch
|
|
Written by The RupeeManager Team
|
|
Tuesday, 17 January 2012 23:07 |
|
IDBI Bank Ltd. has launched India's first online retail G-Sec Portal. This Portal provides an opportunity for retail investors to invest in Government securities. Government Securities are bonds issued, both by Central and State Government.
Government securities are the safest investment one can have and can be part of your debt investments (See Debt & Equity, the two investment class). See more stories on Bonds.
To register for the portal, you need to go to the IDBI Samriddhi G-sec Site. You need to allow the pop-up to sign in or register.
Some of the important points to remember is as under:
|
|
Last Updated on Tuesday, 17 January 2012 23:32 |
|
Read more... [IDBI Launches Portal to buy Government Securities]
|
|
Written by Valli Konar
|
|
Thursday, 12 January 2012 15:12 |
|
Apollo Munich Health Insurance has launched ‘Optima RESTORE’, a health insurance product that they are confident about being a game changing product. The unique benefit of Optimal RESTORE is that even when you have exhausted the basic cover and again fall ill with another illness, the entire sum insured will be reinstated for one to use, at no further cost.
The company also offers lifelong renewal of the policy and senior citizens up to age 65 can take the policy.
Similarly in family floater policy if someone’s illness in one’s family uses up the coverage and if any other member of the same family falls ill during the middle of the insured period then the entire amount at no spare charge will be reinstated.
Key Features of ‘Optima RESTORE’ product:
|
|
Last Updated on Thursday, 12 January 2012 15:22 |
|
Read more... [Apollo Munich Optima RESTORE health plan review]
|
|
|
Written by Ramalingam K
|
|
Friday, 13 January 2012 12:48 |
|
Today I am going to debunk a few investment myths. You will know ‘why individual investors are failing miserably and how you can avoid being one of them’.
- I am too young to plan for retirement
Have you started planning for your retirement? You may be saying ‘who me? I am too young to be thinking about retirement”. It is not so! Rethink. You should have started thinking about it yesterday. Because time flies quickly.
If you were smart, and planned for retirement when you are young, your retirement years will be really those “Golden years”. If not you need to compromise and you need to work longer and retire later than others.
|
|
Read more... [8 Investment Myths To Be Avoided]
|
|
Written by Ramalingam K
|
|
Tuesday, 10 January 2012 14:13 |
|
Would you like to know the financial secret behind moving from where you are and where you want to be? Try to answer this question. “Where will you be financially five years from now? 10 years from now…? 20 years from now…?”
You may get answers like “I will be financially stronger”, “I want to be financially better”. Are these answers specific? If you don’t know where you want to go exactly, there is no focus. When there is no focus; there will be lot of distraction. Distraction either leads to mediocrity or destruction.
How to refrain yourself heading towards mediocrity or destruction? You need to set Specific, Measurable, Achievable, Realistic and Time bound Financial Goals. That is S.M.A.R.T. Financial goals.
Let me take you through step by step to set SMART Financial goals.
|
|
Read more... [Where will you be Financially five years from today?]
|
|
|
|
|
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>
|
|
Page 1 of 75 |
Today's Link
This is a guest post from Pinyo, author of Moolanomy , a personal finance blog about money, wealth, investing, and more on Get Rich Slowly . The post has been done in a simple manner and they can help you learn from them. |
|
Read more... |
Economy
The Mckinsey report had said that the wealth in the emerging markets have grown 3 times more than the rates of assets in developed nations. Now here's a report that is specific about India. Indian wealth management has given a return of 18% against the global 9.7%.
The wealth management arm of the KARVY Group released the 2nd edition of its India Wealth Report today.
This Report studies patterns of individual investments across financial asset classes (excluding physical assets like gold and real estate) and finds that India's individual wealth is expected to nearly triple from the existing 86.5 lac crore to 249 lac crore by FY16. In fact, the wealth of India's HNIs has grown by over 18% compared to a mere 9.7% for global HNIs in the last one year.
Interestingly, the Report shows that fixed deposits & bonds has become the top contributor to overall wealth held by individuals in India, displacing last year's topper, direct equity, primarily due to the uncertainty in the financial markets.
|
|
Read more... |
Editor's Choice
| OutLook Money has a very interesting cover story on the 51 things that they won't tell you!
| This is the edited version on what you should be watching out for in your everyday financial transactions with credit cards, insurance agents, stock brokers and your financial advisor | There is hardly a day in our lives that passes without taking a decision that affects our finances—whether it is swiping a credit card, buying an insurance policy or even deciding whether to take up a new job that is paying more. Though there are mandatory disclosure guidelines in most cases, certain things that might affect your decision may not be visible upfront. Or, even if they are, they might be worded in complex jargon or expressed in fine print, hidden somewhere in a boring document that you might not have the patience to read through. Either way you will end up making an uninformed decision, which you may regret later. This is not to say that everyone out there is out to get you. But, it pays to be careful. Literally. |
|
Read more... |
Number of Years to become a Crorepati!
|
