A Fixed Monthly income is a preferred choice for individuals who are close to retirement or who have retired. It is important for senior citizens who are in need of a fixed source of stable income which at the same…
Top 7 Fixed Income Plans
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Post Office Monthly Income Scheme (POMIS)
Post Office Monthly Income Scheme (POMIS) is an investment scheme introduced by the Indian Postal service. This small savings scheme allows the investors to set aside a specific amount for five years investment plan. Subsequently, interest is calculated to this…
Tool to measure the Return
Return on investment (ROI) is a financial metric of profitability that is widely used to measure the return or gain from an investment. ROI is a simple ratio of the gain from an investment relative to its cost. It is…
Why you should invest in ELSS?
There are various tax savings options available out there under section 80C of the Income Tax Act, equity-linked savings schemes (ELSS) have emerged as one of the most popular options. ELSS is a tax-saving mutual fund with a three-year lock-in…
Fixed Deposit is a better Investment option
Fixed Deposit (FD) is a financial instrument provided by banks which provides investors a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account….
8 Best Investment options in India
The reason why many investors are always on the lookout for top investment plans where they can double their money in few months or years with little or no risk. There are two buckets that investment products fall into –…
Top 5 Things you must do before you start Investing
Even before you start investing, there are a few things that you need to fix with regards to your money matters. Investing, after all, is only a part of the financial planning process and not the beginning. Here are a…
Top 7 Investment mistakes you must avoid
Investments should be made in a planned and systematic manner to make the most of them. Any successful investor will tell you that there is no single secret to investing and it takes time, patience, hard work and discipline to…
Top 5 Investment Lessons for 2019
Investments are financial products that provide the opportunity to create wealth for future. The following are the investment lessons for 2019. Invest for long-term Long term investments offer several advantages. Long term investments are held for 3 years or more,…