Frauds – The biggest reason for a personal financial crisis

Frauds – The biggest reason for a personal financial crisis

In the age of information over load, it is surprising to see the number of financial scams and frauds. Most of the time they occur due to ignorance, negligence or incomplete information.   Time and again we come across a lot of people who are suffering a financial set –back due to bad choice of investments, scams and frauds or mis-selling. The type and scale of these financial crisis may be different but this is the result of ignoring a few common but utterly critical financial disciplines. Haste makes waste: Shailesh…

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5 ways to beat the sharp cut in FD rates

5 ways to beat the sharp cut in FD rates

Interest rates on bank FDs have started coming down and rates on other fixed-income products will also decline. Investors should lock into instruments offering higher returns, reports Sanjay Kumar Singh. Being flush with liquidity and having limited avenues to deploy their funds, banks have begun to cut deposit rates. The State Bank of India, ICICI Bank and HDFC Bank, among others, have reduced fixed deposit rates by 15 to 25 basis points (bps) for retail (small) deposits. For bulk deposits (Rs 1 crore and above), SBI cut rates by 125…

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Planning to invest in debt? Here is how to structure your exposure

Planning to invest in debt? Here is how to structure your exposure

When other asset classes appear overheated or in risky zone or you want regular income, the best investment is to put your money in fixed income or debt instruments. However, a debt-instrument heavy investment portfolio is not always a healthy one since it would pull down the overall returns. If one hopes to beat inflation by a reasonable margin, one has to have a diversified portfolio with a fair sprinkling of equities, equity funds and commodities. So how much of this instrument is good in a normal investment portfolio and…

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