Monday, September 28
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Finance

IMPORTANCE OF TERM INSURANCE IN RETIREMENT PLANNING

IMPORTANCE OF TERM INSURANCE IN RETIREMENT PLANNING

Finance
Gone are those days when pension alone served as the security blanket for the golden years (retirement era) of one’s life. As more and more youths are opting for the dazzling city life and a 9 to 5 job, the past few years have witnessed a rapid escalation in the growth of the private sector. This has resulted in a rise in early retirement plans, and individuals looking for the best viable options are becoming a commonplace thing. However, what’s fascinating to note is the mounting popularity of insurance policies as an additional and often, even the primary source of securing a hefty retirement fund. With a host of specialised retirement insurance plans available online, finding the ideal one that suits your needs has become both easier and more difficult at the same time. One such prod...
4 Reasons Why You Should Put More into Your Retirement Savings

4 Reasons Why You Should Put More into Your Retirement Savings

Finance
From bills to nights out, everyone has a lot of expenses that come out each month. But one thing that many people neglect to put money aside for is their retirement savings. Luckily, it is becoming easier than ever to save for retirement, so here are some reasons you should do so as soon as possible. There are a number of schemes to suit you You aren’t limited to any old savings account. There are many advanced schemes and ways you can save money that’ll boost the amount you put in. For example, SMSF loans can help you invest in property and use the proceeds to put towards your retirement, so do your research and get financial advice if possible. The sooner you start, the easier it is to reach your goal Most people will want to achieve a certain lump sum by the time t...
INVESTING IN LIQUID MUTUAL FUNDS

INVESTING IN LIQUID MUTUAL FUNDS

Finance
What is liquid fund? Liquid funds are a type of mutual funds that primarily invest in ultra-short money market instruments which have a maturity period of up to 91 days. These mutual funds invest in money market instruments like Commercial Paper (CP), Term Deposit, Certificate of Deposit (CD), Treasury Bills (T-Bills), etc. These open-ended debt mutual funds are highly liquid in nature and carry limited risk. Who should invest in liquid mutual funds? Liquid fund schemes are suitable for those investors who wish to park their idle, surplus money for an ultra-short duration while also seeking the safety of their capital. They are also ideal for risk-averse investors. Many equity investors utilise these funds as a way to stagger their investments into equity mutual funds using the System...
Mistakes to avoid before investing in ULIPs

Mistakes to avoid before investing in ULIPs

Finance
The insurance sector has a plethora of options that provide coverage for life as well as health ailments. But one such product that is increasingly gaining popularity in the life segment is a Unit Linked Insurance Plan or as popularly referred to as ULIP. What is ULIP? Unit Linked Insurance Plan as the name suggests is an insurance tool that has an investment component attached to it. A ULIP generates returns to the investor by investing in various funds - equity-based, debt-based etc. Unlike a pure insurance policy, the insured has the protection of life cover, and investment prospects both included in the amount of insurance premiums. Moreover, ULIP benefits include a deduction for the premiums paid under Section 80C of the Income Tax Act. The maturity benefits are also exempt from ...
All you need to know about Liquid Funds

All you need to know about Liquid Funds

Finance
There are times when you would have experienced an influx of surplus funds. In such times you might think of investing them so as to earn decent returns. There are many options available to you such as Fixed deposits, Savings bank account etc. There’s one more option available to you, just like you invest in mutual funds, you might consider investing in liquid mutual funds, a type of mutual fund. What is Liquid fund? Liquid funds are open-ended debt mutual funds that invest in financial instruments such as treasury bills, commercial papers, term deposits, and other debt securities that have maturities of 3–6 months. Liquid funds do not have any restrictions of a lock-in period, i.e., an investor can enter/exit whenever he wants. Liquid funds have comparatively low-interest risk associa...
Property Investors – Wholesaling Deals and Lenders

Property Investors – Wholesaling Deals and Lenders

Finance
I've covered many aspects to making a highly effective strategic business plan. Ideas can discuss questions which have been requested by a few of my students regarding creating a business concept along with other miscellaneous related questions. Obtaining Bulk Packages of REO Structures Michael: What's your current strategic business plan? Student: Mine is simply wholesaling from the bulk REOs which come in. It's my method of possibly to be the realtor and listing that property that's within Arizona. I am just attempting to cover my bases. When we acquire some bulk REOs for the reason that if your buyer does not invest in it' may possibly possess some private lenders to maybe come up with and purchase individuals bulk REOs. Basically get somebody who has a lot of money - huge amount...
Simple Guide to Payday Loans

Simple Guide to Payday Loans

Finance
Payday loans provide short-term financial assistance in a way that helps people get over certain stresses linked to money, tiding them over until their next pay day. If you are a person struggling with money you should first investigate all possible avenues of financial assistance before committing to signing up to a payday loan. Here, we take a look at the ins and outs of payday loans, what to expect if you are looking into taking out a short-term loan, and your responsibilities in terms of paying back a payday loan. You may have seen in the news recently about big payday loan companies closing their doors for good, and news about one of the directors of QuickQuid maintaining a role within the industry watchdog organisation despite the lender going under. The entire industry has seemed...
How to Make the Most of Credit Card Rebate Offers

How to Make the Most of Credit Card Rebate Offers

Finance
When searching for the best credit card rebate, you should consider getting it from Maybank2u. The company would cater to your specific needs and requirements in the best manner possible. They would ensure that you should get the best credit card that offer discounts and rebates on your different shopping needs. When you should look forward to making the most of the credit card offers, your best bet would be to look for the services offered by Maybank Platinum Visa Card. You would be able to make the most of the moments when you look for gadgets to purchase, holidays to fly, and more.
Improve Your Credit Before Getting a Mortgage

Improve Your Credit Before Getting a Mortgage

Finance
Perhaps the most ideal approaches to improve your odds of getting a home advance is to improve your credit score. It is on the grounds that better credit scores may give you access to all the more likely financing costs and more gainful home advance items. Here is a rundown of some snappy tips to assist you with getting the most ideal credit score. While there is no assurance that these choices will promptly support your credit score, they may assist you with setting up propensities that will fortify your credit score. Show you can take care of your tabs on schedule, without fail Banks/credit suppliers will need to see that you can reimburse a home advance on schedule. In this way, here is a rundown of bills that you should pay on schedule, inevitably: >> Your credit cards; >...
Investment Banking – 2 Main Types to Know About

Investment Banking – 2 Main Types to Know About

Finance
Investment banks help private just as open organizations and associations to accumulates assets in both obligation and value capital markets. These banks were initially established so as to raise capital and give direction on corporate money related methodologies, for example, acquisitions and mergers. Investment banks expect a wide range of jobs, for example, giving security issues, furnishing institutional and open speculators with business administrations, giving corporate customers money related counsel, offering direction on procurement arrangements and mergers and then some. Nowadays, you can likewise discover banks to have wandered into connect financing, unfamiliar money trade and private banking. Think about the two principle kinds of investment banking organizations India. Essen...