India has one of the highest ‘net savings rates’ in the world (the national saving rate is about 20 per cent of GDP). However, the net savings rate as a % of GDP has been steadily declining since 2011-12. The other day, I was going through the IRDA’s annual report and noticed that the Domestic saving declined […]
Financial Planning
When & why to keep ‘Cash on hand’? | Is cash King?
Cash is the most liquid asset that you can own. Cash is the only asset class that will guarantee you a return of principal in the short run. Although cash typically refers to money in hand, the term can also be used to indicate money in banking accounts, Cheques or any other form of currency that is easily […]
How a Nuclear Family Can Invest Wisely? | Investment Strategy for Nuclear Families
The number of people in the average urban Indian home is dwindling. Quick Fact : The Ministry of Statistics and Programme Implementation in its report ‘Selected Socio-Economic Statistics, India 2017’, has indicated that the average number of persons per house in urban India has shrunk from 4.9 to 3.4 in just a decade. Nuclear families have […]
5 Practical ways to increase your Take Home Salary (Pay)!
It is surprising that how a simple question like – “Are you satisfied with your take-away salary?” can make 70% of the people answer in a resounding ‘NO’. They believe that even after working with a lot of dedication and perseverance, the pay they receive is demotivating. If you are one of those people too, […]
Here’s how much Money you should have Saved at every age..!
Here is one of my favorite Chinese Proverbs that can be very inspiring for Investors –“The best time to plant a tree was 20 years ago. The second-best time is now.” Start investing as much early as you can and you will enjoy the real magic of –Power of compounding. The greatest advantage that you […]
Best performing NPS Funds 2018 – Top NPS Fund Managers – Best NPS Fund Returns
NPS (National Pension Scheme) is one the very popular investment products in India. It is estimated that the Government employees contribute about 87% of the Rs. 2.3 lakh crore ($35 billion) overseen by the NPS, which started in 2004 and which was later opened to all citizens for voluntary contributions. The Central Govt made NPS scheme mandatory […]
