Fd Insurance in Bank – All You need to know
Bank Fixed deposit insurance is the facility provided by the Reserve Bank of India for all the FD depositors in India. In addition, most people think that the FDs in banks are 100% safe. and I will explore what is deposit insurance schem and how it safe guards depositors. What is the Deposit Insurance Scheme?… You know that fixed deposits are a great saving product that gives fixed interest plus principle at the time of maturity of a FD. But in case of bank default, depositors may not get their interest on deposits and even the principle. In order to …
High roi – is required to recover capital – When?
If there is a correction in the stock market, an equal return of investment is not sufficient to recover the previous fall in the market, and a high ROI is required to do the needful for you. Yes, you are reading correctly. In case the market falls by 10%, you may be thinking that again, if the market rises by 10%, your capital will be fully recovered. Actual fact is different. Let’s learn more about it. % ROI required to recover the capital? Extra roi required if the market corrects by 10%? Let’s assume that you have invested 1 lakh …
silly mistakes – to be avoided while doing investment
Silly mistakes are what the majority of times investors tend to do in their investment journey. In this article, I am exploring some of those mistakes to be avoided. Let’s find the silly mistakes in your investment journey… 1st mistake Doing investment with a loan… Many investors tend to do investment by taking a loan. In addition, investments like buying a 2nd house, land, and even buying mutual funds units with loans. Moreover, doing business with a loan makes sense. But buying any kind of asset with a loan doesn’t make sense. We cannot predict the rate of return that …
is fd good investment – All you need to know
Is FD good investment? If this question is on your mind, Then read this complete article. Investors save their money for their future needs, like children’s higher education, child marriage, buying a house and retirement, etc. In addition, most investors consider depositing their money in bank FD to earn some interest on their deposits. You can see in the above image that state bank India interest rate for less than year is 6.25% to 7%, depending on age of the depositor, etc. But your question is whether investing in bank FD is a good idea or not?. Before telling about …
silent Killer – Inflation rate in India Makes you poor – how?
Silent killer is a word you may have heard so many times in your life. In addition, silent killer poisons exist in poison. and In personal finance, there is one more silent killer called the inflation rate in India, which will make you poor. In addition, the majority of the time you don’t know the exact cause for becoming poor. What is the average inflation rate in India historically?… Type historical average inflation in India in Google, and then you will get the page from Wikipedia. In addition, you can see in the above image that the average inflation since …
Nifty 50 CAGR – How to calculate for next 10 years?
Nifty 50 CAGR for 10, 20, 30 years can be calculated. Do remember, you are about to do it for the future. Always remember, we cannot predict the future accurately. What is the formula for the CAGR? … Compounded Annuilized Grate Rate formulae = (future value/present value)^ (1/number of years)-1. In addition, in a normal calculator, you cannot calculate its value. and you need Microsoft Excel or a scientific calculator. We know that nifty 50 is trading at 24000 levels. Hence, the present value in the above formula will be PV = 24000. In addition, we would like …
nifty 50 future prediction – The best way to do
Nifty 50 future prediction, can we predict for the next 10 years, 15 years?. and The answer is yes and No both. But for doing that, you need to have some assumptions, and some existing data for nifty 50 is required. And please be aware that these are assumptions. There is no guarantee that the assumption will come true. And there is no harm; try to predict the nifty 50 levels in the future before investing your hard-earned money. Before jumping into the topic, let me explain one example about farming. I am from a village background. In addition, our …
Debt mutual funds – All You need to know
Debt Mutual Funds: Do You Like to Know the Basics of them? Here, I am trying to explain in one article about these funds. I have seen many investors not investing in debt mutual funds. In addition, the main reason for it is they do not understand them well. And they feel that the rate of return will be very low compared to equity. As a result of these, investors stay away from debt funds. Let’s explore further to understand better in this article. Debt Mutual funds are needed for your overall portal diversification… We always say that all the …
best business idea for village – create incredible wealth
Best business idea for village, are you looking for this answer? to create an inredible wealth for you, then you are reading the right article. Read this complete article. Then you can start your own business with little investment, and it can build incredible for you. But do remember, every business has risk. And managing the risk is the key to the success of any business. What is the best business idea for village?… The best business idea for village, which I am talking about, is a monthly interest business. In addition, in villages, banks will not give personal loans …
NPS charges – all you need to know
Most people think Nps charges are too a low compared to other financial products. As a reuslt of they are enrolling for this pension product. But You should not only look into fund managing charges. In addition, You have to look total cost for enrolling for this scheme. We all know that NPS is one of the hot choices for many to invest for their retirement and also to save on tax. In addition It is up to you to decide whether to invest in it or not. However, in this post, let me share the charges of investing in …
