Which scheme is best for investment in India Is there any limit on how much money can be deposited in a bank as a fixed deposit? What is the limit of fixed deposit? No. Banks are happy no matter how much you deposit. If the interest earned on the deposit exceeds a certain amount, you … Read more
While market downturns can be unsettling, they also teach new lesson young investors important lessons. There has been a significant shift in the approach of Indian investors in recent times. What beginner investors should know While traditional investments like fixed deposits have been increasingly sought after, investment opportunities including equity and mutual funds are also … Read more
Financial planning is the planning of financial matters in advance. Financial planning helps ensure future financial security. A well-crafted financial plan helps you achieve long-term goals and weather unexpected crises. Also, it guides to control costs and maximize savings. Here are the key features and ways to best carry out financial planning that will guide … Read more
There is good news for those investing in Fixed Deposit (FD) schemes. Those who deposit money in this bank will now get higher interest. IDBI Bank has extended the deadline for Special Fixed Deposit Scheme. IDBI Bank has launched a special scheme called Amrit Mahotsav FD to offer its customers fixed deposits of 375 days … Read more
Building a house means realizing the dream of having a roof over our heads for a middle class family A common goal, But it will not give you any financial return. It would be prudent to use your savings more than the loan amount to build a fixed asset. Is it good or bad to … Read more
There are a number of psychological factors that can lead people to lose money in the stock market. Some of the most common include, Why 95% of traders lose money Fear and greed: When the market is going up, people often get caught up in the fear of missing out (FOMO) and buy stocks at … Read more
Pros and cons of having a joint account in banks. It is not clear whether it is between husband and wife, between brothers or between two business partners. I am writing about the pros and cons of having a joint account between husband and wife. Generally, if a husband and wife have a joint bank … Read more