Owning a home of our own is a dream for most of us. According to a RBI report, 84% Indians have invested in properties to own houses. In fact, unlike before when people used to buy properties late in their careers, people are now investing when young. This is because of many reasons like high…
Many investors may aim for both capital protection as well as the participation in the equity markets. But, is it possible? May be, Yes, with the Capital protection oriented schemes (CPOS), which aim at principal protection at the same time offer an opportunity to participate in the equity markets and provide capital appreciation. However,…
Job Insecurity!! It is the most haunted issue among most IT professionals these days. As a result, the employees are landing into depression and anxiety. After all, a majority of them are employees with kids, a lot of responsibilities, EMIs like home loans, car loans, education loans, etc. Layoffs Pushing Techies Into Depression: Survey With…
A secured loan means, pledging ‘security’ i.e. agreeing to repay the loan on time. They come with many features. It is important to learn about the loan-types, unsecured and secured loans, to make a suitable decisions. Learn the most important things about a secured loan. 1.You will have to pledge an asset with your lender…
Being a financial planner, I always believe in risk management as the foundation for an effective financial plan. Anything that can’t be afford to be lost, should be protected. Else, one would end up with a dent on the financial assets or savings. Thus, risk management gains prominence. Risk management provides financial security via financial…
Relationships are to be cherished. No one can undermine the importance of healthy relationships – be it with family or friends. It would be naïve to say that a man/woman with healthy relationships is more confident and happy. We all yearn for that perfect family and career. But the reality seems to be different. Do…
Can I Break My Fixed Deposit Before Maturity? Popular investment instrument, Fixed Deposits (FD) allow investing a lump sum for a fixed period to get a fixed rate of interest. But can one break it to withdraw the deposited amount before the maturity date? Yes, one can break the fixed deposit before maturity. However, it…
PPF is one of the most popular investment vehicle, mainly because of its EEE (exempt-exempt-exempt) tax status. However, there are many lesser known facts associated with Public provident fund. Read through to learn more. The Maturity Date: PPF comes with a 15-year lock-in period. As per the rules, the maturity date is calculated from…
Buying a home is one of the major financial decisions in one’s life. Such a decision has to be taken after a thorough research and proper planning. Here are some must to know terms one should know before applying for a home loan Down payment: When buying a home, bank sanctions only 80% of…
In the wake of Reliance Communications (RCom) expected to cut a number jobs due to its plan to shut major parts of its wireless business in the coming 30 days, many employees have begun to fear about the possibility of layoff without enough/prior notice. What if such a situation comes to you? Are you financially…