Investing

Why is FD always better than Saving Accounts?

The safest and secured instruments to place your surplus money with assured returns can either be a savings bank deposit or fixed deposit. For every individual, whether salaried or self-employed, saving is an essential part of life. It is wise to plan your savings at an early stage of your life. However, merely parking them in a savings bank account doesn’t sound that good; instead, the surplus accumulated can be…

Read More

Know All About Senior Citizen Fixed Deposit Interest Rates & Schemes 2020

Last January, Reserve Bank of India released data on the basic statistical return of financial institutions in the year 2018-19. The share of fixed deposits in the whole asset return of financial institutions was at 57.7%, a significant rise compared to that of savings deposits, which stood at 32.9%. This data shows how fixed deposits form a greater part of the savings of Indians in the current financial conditions. This…

Read More

Most Startups Fail, So Why Are They Still a Good Investment?

Historically, venture capital-investing in the startup or early-stage entrepreneurial enterprises-has been one of the most profitable long-term investment vehicles. Amazon, Google, Facebook, Airbnb, and Uber were all startups at one point. Indeed, every big company was once small-usually very small, generally with one or two people in a room or the proverbial garage with an idea and a phone.  Growing small startups into big companies are never easy, and while…

Read More

How to Financially Prepare for Your Child’s Future

One of the biggest mistakes a lot of Indian parents make is planning for a baby before getting their financial matters in place. Many parents are under this misconception that just because they have a well-paying job, they can afford to have a child. But the reality is not as simple as it sounds. Right from prenatal tests and supplements, to maternity clothes, there are bound to be expenses even…

Read More

Investment Strategies for Beginners

Most people think that saving their hard-earned money is a lot safer than investing it. They forget to consider the fact that inflation is real and its impact on their savings is far from being positive. If you don’t want to lose your money’s value or let your savings stay static over time, you’ll need to consider making an investment. It’s your best chance of beating inflation. However, you may…

Read More

How to Check the Provident Fund (PF) Balance in India

The Employees’ Provident Fund (EPF) is an excellent retirement scheme that caters to salaried individuals. You and your employer both make contributions to your EPF account on a monthly basis. A part of your gross salary is deducted every month as your contribution towards the EPF, and your employer deposits the same amount to account for their share. You can withdraw your PF amount along with the interest you earn…

Read More

Perks and Cons of Buying and Renting House

Are you tired of renting? Then maybe it’s time to start settling down and buy your own home. But is it better to rent than to buy a  house of your own? When it comes to these two choices, most will choose the obvious one. Having a house of your own is indeed a dream come true. However, home ownership is not for everyone. Not all can afford to buy…

Read More

7 Basic Facts of Copper for Investors

What is Copper? Like several other base metals, most distinguishing quality of copper is its reddish-brown color. The word ‘copper’ originates from the Latin word “Cuprum” after the island of Cyprus. Copper was discovered in Ancient Times and used by the ancient Egyptians, Greeks, Romans, and Chinese. According to some old people, sayings copper is probably the very first metal mined & crafted by humans. Some sources suggest that copper…

Read More