Buying Gold for investment purpose is not considered a good strategy because neither does the Gold gives handsome returns nor the dividend as equity investment gives. Warren Buffet has termed Investment in Gold is “Stupidity”. However, each time when the gold prices surges and market plunges, there is a talk about “hedging portfolio through Gold”. […]
Sukanya Samriddhi Yojana – Sovereign Term Deposit Scheme for Girl Child
Sukanya Samriddhi Yojana Updates Aiming to promote “Beti Bachao, Bet Padhao” campaign, The Government of India had started Sukanya Samriddhi Yojana as one of the most successful small savings scheme dedicated purely towards social security and betterment of girl child. The scheme is curated in such a manner that each and every class of person […]
All You Want to Know About Public Provident Fund
Highlights of Public Provident Fund Public Provident Fund, popularly known as PPF, is a savings cum tax saving instrument. It also serves as a retirement planning tool for many of those who do not have any structured pension plan covering them. Public Provident Fund account can be opened at designated post offices throughout the country […]
Company Fixed Deposits Risks and Rules to know before Investing
Investing in Company Fixed Deposits Currently, most of the banks are offering interest rates on fixed deposits in the range of 6% to 7%. Although fixed deposits with the banks are safe, post-tax returns of the bank sometimes do not even beat the inflation rate. So it is must for the investors not to stick […]
SIP vs. PPF: Better Investment Option
What are SIP and PPF? SIP refers to the Systematic Investment Plan which is often used in the context of investment in Mutual Funds. PPF, on the other hand, refers to the Public Provident Fund. SIP is basically an investment strategy while PPF is an investment product. Before deciding the better off in SIP and […]
Should You Invest in 2018 GOI Bonds at 7.75% p.a.?
In the scenario where Interest rates on Bank Fixed Deposits and Small Savings Scheme are moving downward quarter-on-quarter and no tax-free bonds on the offering, there are not many investment options available which provide assured return and that too without any risk. Investors in these times can look for GOI bonds. GOI bonds have got […]
Best Money Doubling Schemes in India
Money doubling Scheme has been the most searched phrase in India for 2017 and 2018 and who do not wish to know the ways to double his/her money. Several Ponzi schemes are running which dupes investors in the name of doubling the money. These schemes lure innocent investors by assuring the high returns and vanish […]