Best Mutual Fund Schemes for a New Investor

Investing in mutual funds is considered one of the best way to enter the financial markets and to gain the needed exposure. Mutual funds today are the only category of investment products that a retail consumer can use to effectively beat inflation while growing his wealth. People always talk about best mutual funds. But what’s …

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Post Office Savings Schemes

The Post Office of India has alluring schemes for Indians to save a few extra bucks. They are offering better interest rates than a bank savings account. Post office savings schemes give guaranteed returns and they also qualify for income tax benefits under section 80C. Since post offices have a larger reach than any other …

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Owning vs Renting a House

For years now, owning a house is a measure of financial success. Even when it’s not one of the smart decision they have taken, buying a house was more of a reputation issue than anything else. Even if the social standing is kept aside, buying a home is more of an emotional decision than a …

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Investing in Mutual Funds Like a Cook

Food is the most important part of our living and it’s rightly said by M.F.K. Fisher that “First we eat, then we do everything else.” But to have a good meal one has to cook. Cooking in itself is a form of art. To practice and master any art one requires patience. For food lovers, …

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“Wealth” Explained by Michael Karnjanaprakorn

After a not so long journey of earning money, Michael Karnjanaprakorn has learned the true meaning of wealth. He in his twitter post has briefed the true meaning of wealth to him. Michael Karnjanaprakorn is an entrepreneur and investor based in New York. He is the founder of Skillshare, a platform that provides classes and …

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Why is Term Plan the Cheapest Life insurance policy?

Term insurance policies are policies where you need to pay the premium for a predetermined period and enjoy the benefits of the policy for a long time. ICICI Prudential Term Plan is a term plan that lasts anywhere between five to thirty years depending on the age. The premium is calculated based on the age, …

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How to calculate returns on FDs?

Fixed Deposits or FDs are one of the most popular savings instruments in India. Investment in FD can be done for a few weeks to few years at a fixed interest rate. In this article, we will look at the two types of FDs, viz, interest payment and reinvestment. The article highlights the difference between …

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The 15-15-15 rule of mutual funds: Joys of Compounding

“Compound interest is the 8th wonder of the world. He who understands it earns it and he who doesn’t pays it.” – Albert Einstein Power of Compounding Albert Einstein rightly said that compound interest is the 8th wonder of the world. Compounding is a very powerful concept. This is because the interest of your invested …

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Pros and Cons of NRI Investing in Mutual Funds

“There is nothing like staying at home for real comfort.” Jane Austen. Enjoy the comfort of a home being away from it! You now have an opportunity to do that by investing in Indian Mutual Funds. Read our blog post Can NRI invest in Mutual Funds? to know more about investing in mutual funds.  A …

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