Showing posts with the label systematic investment plan

EMI vs SIP - Which is best for you ?

EMI vs SIP - Which is best for you ? Suppose, i want to buy a beautiful Smart Phone. It costs around Rs. 16,000/- in the Market. The Smart phone have the various features, but the money on my hand is a little less to buy it now. Otherwise, i have to wait for my next month paycheck. Impulsive buying is a Character, it tempts to buy the Smart phone immediately. At that moment of thinking, there is an advertisement related on Smart phone. Yes, Lucky advertising. There is an offer comes by the Advertisement for the Smart phone, which i was intended to buy. What a Surprise ! I can pay just Rs. 1,000/- as an upfront payment and can take it to home. I can pay the rest of it through Monthly installment - Absolutely with Equated Monthly Installment (EMI). EMI (Equated Monthly Installment): As per Investopedia website, It is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. EMIs are used to payoff both interest and principal each month, so that over a

Why i have to invest in Mutual Funds ? Simple Reason

Why i have to invest in Mutual Funds ? Simple Reason Today, we are in the stock market world - Yes, obviously. The interaction between the people, companies, and the Government simplifies by using the Technology, it's also a part of Globalization. There are only 2 - 2.5 percent of Population in India, investing in stock market as retail investors . There are two depositories in India for depository services, called NSDL (National Securities Depository Ltd) and CDSL (Central Depository Services India Ltd). These are the two keep every ones Demat account and its holding. According to NSDL, the active demat clients were at 1.77 Crore (Demat accounts) and 1.60 Crore investor accounts in CDSL, Total of 3.37 Crore Demat accounts in India Whether you are going to the direct equity market (Stock market) or not - but there is an opportunity to beat the inflation and fulfill your financial goals by investing in Mutual Funds. I am not saying you would get rich through mutual funds, but one ca

SIP vs Lumpsum Investing - The better choice

SIP vs Lumpsum Investing - The better choice   Which one can you choose, Rented Home (or) Lease (or) Buy it ? This is the choice we have for a home, as for the savings or investing, we had a plenty of investment products like Bank Savings and Deposits, Bonds, Mutual Funds, Stocks, Realty, gold, etc. But, it's all about how we started it. As a traditional background in our country, we mostly choose our choice like Regular small savings from our grandparents. The old method of savings or investing are a collection box called as Hundial , Postal small savings, Bank fixed deposits, buying a gold in a very small quantity, purchasing a piece of land for our children. Nowadays, it becomes more fashion as the investment method changes slightly with a Regular savings frequency mode and a bulky amount of deal at once. That is what we called earlier, Recurring deposits and Fixed deposits. Now it comes with the word, " Systematic investment plan (Recurring) and a Lump sum investing (Fixe