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It is critical to make sure that the wealth you acquire is available to the beneficiary when the funds are needed to achieve an important life goal. For example, parents who establish an education fund for their kid’s college education must ensure that the money accumulated in the fund is conveniently available when the child starts …
We understand that bank fixed deposits (FDs) are vital for goal-driven investments since they assist in controlling reinvestment risk. Reinvestment risk is the chance that an investor won’t be able to invest back the cash flows from an investment—like interest or coupon payments—at a pace that matches their current rate of return on the investment. Investors …
Understanding the various fees associated with a home loan application is crucial for a comprehensive view of the overall cost. Here are the key components: Processing fees – This is a one-time, non-refundable charge payable at the time of loan application processing typically ranging from 0.5% to 1% of the loan amount. Legal charges and …
Whenever you purchase insurance, you may be required to provide the insurer with a variety of information and documents. Hence, it’s vital to make sure you’re exchanging your information with a reliable and genuine system or individual. Prudence in protecting your information is essential not just while purchasing insurance but also when purchasing other kinds …
Investing in last year’s top performing mutual funds may appear to be a rational approach at first, but it is not. As a mutual fund investor, if you look at the recent one-year returns of equities funds, you will find that practically every year, a new fund tops the returns rankings. It may be a …
The Indian stock markets are growing, with the Sensex hitting stratospheric heights of 70,000 points and above. Even people who haven’t considered investing in shares are now looking up, pondering if they are missing out and should get in. Because of the tax advantage, life insurance advertising campaigns often increase by several notches in the …