Credit Card – How it will make money ?
You many been receiving calls asking you to take Credit Card. Do You know how they will make money? They offer 50 days of interest-free credit to you. In addition, Credit Card companies issue lakhs credit cards to the people. Moreover, these companies will make money on the basis of a lack of self-control of the people. I will tell you different ways that the credit card of the Bank will make money. 1) Interest Rate Charged by the Bank Credit Card … A large portion of the income for the credit card companies comes from the interest paid on …
Mutual Fund Meaning, What is its strong Structure?
Mutual Fund meaning is very simple. These funds will have a strong structure, pool investor’s money, having the aim to get profit from various assets like stocks. Asset Management Company is another name for Mutual Fund. Under Standing Mutual Fund meaning?… We all earn money. In addition, we would like to save or invest our money in asset classes like equity, real estate, and gold, etc. But many of us do not have the expertise to do research and then invest. yes, you can get experts who can guide you to invest in the above asset classes But their services …
Poor – Why Life Insurance Agents will become in India ?
Life Insurance Agents in India will become Poor. Don’t you believe me, then read this entire article to understand why? Just before I have stopped my career as Life Insurance Agent 8 years back in LIC Of India, I had seen a hoarding at a famous junction in my City. Hoarding had the following Catchy Head Line. ” Become a Lic Agent” to earn income in lakhs“. In addition, The Hoarding stated that the retired employees, housewives, teachers, and fresh graduates, etc can become a part/full-time Lic Agents to earn huge money as per their need. Moreover, That Hoarding …
Business – What is the best way to do to get profit ?
Business People, If I ask them why You are doing Business instead of putting money in a Bank Fd? They used to reply to get a profit. Why People do business instead of keeping their money in Bank Fd? Then, they used to give me an answer that they are doing it to get more profit. But this is not the right answer. People do biz in order to get more return over and above inflation. Why because of inflation money will lose it’s purchasing power. Read this article to understand inflation and its impacts on the purchasing power of …
VPF – Why Pvt Employees should not forget?
VPF means the Voluntary Provident Fund. This is an optional saving for Pvt Employees. Employees usually save money in EPF ( Employee Provident Fund). In addition, Employees can contribute over and above the fixed limit of 12% in this Provident Fund. The government of India will fix the rate of interest in this Fund. Moreover, in this fund one can contribute up to 100% of ( Basic + D. A). In addition, This P.F is a risk-free and tax-free investment option for Pvt Employees. Moreover, the Employer will not contribute to this Fund. In addition, an Employee can easily transfer …
Life Insurance Agents are making better profit than you How?
Life Insurance agents used to sell for most of us insurance policies to get profit for their livelihood. But Agents will try to push some policies to us. Endowment Type of policies also heavily pushed by Agents for us to Buy. Here, in this article, I am trying to tell you How much profit You will get and at the same time How much your agent is getting? But Many policyholders are arguing with me that their agents had given them back the commission that they are getting. Hence they are dreaming that they are smart and made a huge …
Equity vs Real Estate-Which one gives you better return?
Equity vs Real estate which one gives better return? This question and debate tend to happen between many investors many times. Those who read my earlier articles about real estate investing in my blog may think that I am against real estate investment. But I am not against real estate investment at all. I always try to tell you about the right investment in the right asset class at the right time. After completing reading this article you will understand that I am not against real estate investment. How most people analyze their investment return? Most people analyze their investment …
Real Estate Investment-are you looking to do? Wait…
People who are doing Real estate Investment or about to invest do not know a big problem that they are going to face in the future. Yes, What I am saying is right. Don’t you believe me? Then read this article till the end. You will understand what I am saying… Read this article why real estate investment is bad reasons? Click here to read. What is the Investment style of Indians in the Real estate to create wealth?… We Indians, especially South Indian People that we will get more return from real estate investment. Moreover, In this process, we …
Employee-Govt or Pvt- Looking for investment?|| Do Like this.
Employee Govt or Pvt who are planning for investment for their future financial goals, this article will help to some extent. If I ask any salaried about the return they got from their investments? Then they simply say that they do not know. Instead, they will tell me that They have accumulated 30 lakh wealth or 1 crore wealth with their investments in their entire career. But this is not the right approach to do your investments. First, Primary objective in investments must be to beat inflation. Here, In this article, I am trying to calculate return on investment of …
Bankrupt-What if Your Insurance Company gets bankrupted?
Bankrupt is the main worry for many of us when we are going to take any kind of insurance company policy. We believe that Lic of India will never get bankrupt In addition we believe that Private Life Insurance companies are not safe. As a result of this we take life insurance policies from Lic Of India Only. Let’s discuss what is the truth?… Here, The huge crowd of Lic agents always spreading the message that Lic of India can never go bankrupt(get closed). In addition, these LIC agent say that Lic of India is backed up by Government India. …
