All about money that one needs
For those expecting the Sensex to touch 16,000 in the near term, last week’s market trend came as a jolt. With inflation continuing its upward trend, there wasn’t much good news and as a result, on Thursday, the Sensex lost over 400 points. It has once again brought back the fears of corrections at regular [...]
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I don’t know whether all of you are familiar with the VRE i.e. Virtual Real Estate.What does this mean ?VRE means parking your money online. What people have done in past , they had invested a much of their money in good domain name say money control (.) com . They tried their luck.Is this [...]
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Inflation for the week ended August 2 has come at 12.44% versus 12.01%. Inflation is at a 16 year high.This means that there will surely be an action taken by RBI.This will tighten the monetary.This will increase the fuel and food prices.This is a matter of great concern.Experts expect that inflation will reach 17% before [...]
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By number of funds as well as money invested, one of the most important type of mutual fund in India is something that is generally called a Fixed Maturity Plan. Of the 1920 mutual funds that are currently available, no fewer than 805 are FMPs, as they are known. And of the Rs 5.61 lakh [...]
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You dream to be rich , every one dreams to be rich but dost know how can we be rich.I am sure most of you must be knowing about Mark Zuckerberg, the founder of Facebook and the youngest billionaire in Earth’s history. He is just 23 years old and already is a billionaire. With the [...]
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The Reserve Bank of India (RBI) today announced a 25 basis points hike in the cash reserve ratio (CRR) and a 50 basis points hike in the repo rate, both rates will be up to 9%. The rate hikes were announced in the First Quarter Review of Annual Statement on Monetary Policy for FY09 presented [...]
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One of the biggest mistake people do is investing when the markets are too high and cry when the markets come down. My suggestion is that investing sensibly when ever does makes sense. Most of the people before entering the stock markets think by investing they will become millionaire and billionaires. But this is not [...]
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As the government has now won the confidence vote and the Left parties are out of the way, there is now a growing optimism amongst market participants that the new coalition government could speed up the reform agenda. This feeling has been buttressed by the statements of the Finance Minister in the aftermath of winning [...]
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Life Stages Your insurance need will change as your life does, from starting to work to enjoying your golden years and all the stages in between. Each one of these stages may pose a different insurance need/cover for you. In this section, we have drawn up the basic life stages and help you analyse various [...]
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Types of Insurance Plans – Traditional Life Insurance or Unit Linked Insurance Plan Insurance Plans – At a glance Broadly, insurance plans can be distinctly divided into ULIPs and traditional plans. A brief detail of both segments: Unit Linked Insurance Product ULIPs have gained high acceptance due to attractive features they offer. These include: 1. [...]
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