RICH INVESTING iDEAS

5 Reasons to choose Mutual funds than Bank Fixed Deposits We don't need to forget the Old things. It is a record book of our past. There is nothing wrong with selecting the old things, but we must go forward in Technology and Economy today. Even in the economy, i often hear this developmental shift. I have heard my friends too. When our Income, Taxes and Prices are climbing, then why should we put so much depend with our old Deposits(Bank Deposits) ? The Interest rates of Bank Deposits are declining every quarter. It's not the bank's problem on Interest rates. This is the decision of Central Bank will take based on Inflation Data. If we think that the Bank Deposits are safe investment avenues, how many times have we tried this safe avenues in our life and would have benefited ? If any other avenues apart from Bank Deposits are Risky and Volatile, then why should we be interested in buying Golds ? As our Income grows, Our Bank Fixed Deposits often tends to pay more Tax on Ma

Repo Rate Cut to 5.40 Percent - RBI Policy The Repo Rate for the banks has been reduced to 5.40 percent, cut by 35 basis points. As a result of the Monetary Policy Committee, the new Repo rate fell to 5.40 percent from the earlier 5.75 percent. The Reverse Repo rate has been changed to 5.15 percent, while the Bank rate and MCLR ratio has also changed to 5.65 percent. The CRR (Cash Reserve ratio) stands at 4 % and SLR at 18.75 percent. According to the RBI Policy, this rate cut has been announced due to Economic Slowdown and Inflation rate under the same circumstances. Trade war between US-China, Weakening of Industrial investment in the United States, Lack of growth in the Manufacturing worldwide and even the brexit of Britain have been attributed to Global factors. Japan's industrial figures shown that the economy is likely to slow in the second quarter of FY20. The RBI Policy has also mentioned the economic numbers are not favorable in the Emerging Countries. Manufacturing and Sa

FII and DII Trading activity – July 2019 As we have already seen, the Global Crisis has not been corrected. The US-China Trade war is also escalating. The US Fed reserve interest rate cut has also been by 25 basis points, which is for the first time in the last ten years. It was only in the year of 2008, that it made such an interest rate cut by the Fed. The current rate cut by the Fed reserve is said to be to protect from the Slowing growth of Economy. The Problem in the Automotive Sector has not been fixed yet. In the Last quarter, the Earnings from Auto companies were fell down drastically. In the month of July as per FII / DII Trading activity in the Indian Stock Market, the Foreign Institutional Investors had sold a large number of Stocks. The reason for the FII net selling is mainly due to the Taxation for the FPI in the Indian Equity market. However Domestic Institutional Investors bought a substantial in the month of July 2019. There are 23 Trading days for the month of July, w

Debt - Is it good or bad ? Living without debt is a Salvation, but not everyone has a life be Debt Free. Most of us were fell in the trap of debt, because of misunderstood about Debt. Many people get into debt and drown their wonderful lives. Some people tied up a life time loans and sigh about why we borrowed it. Very few people use the debt carefully or live without Debt. We are all just borrowing and leaving at some point in our Financial Life. Types of Different loans, Personal Loan Vehicle Loan Home Loan Education Loan Jewel Loan Business Loan Credit Cards Mortgage Loan Exposure on Derivatives Individual Loans can sometimes cost lives that lead to Bankruptcy. Human Suicides due to high debt, are also frequently happening. When we need a home, we just get a Home loans from a bank or any Financial Institutions. More than half of our income is occupied by these loans - Called Life Time Debt. Debt usually operates between our Needs and Options. Nowadays, Per

How your investment decision (S)kills ? When we complete our School studies, we will decide what we have to take on higher education. We can do a lot of things to choose from for anyone, who can ask about it, what kind of courses to pursue, reading Ads and News related on and more than that discussing with our friends, neighborhood and relatives. But in the end, we bought a course on any manner and complete the course without any doubt. When it comes to Work life or Day job, we often find ourselves that why i had chosen this course or Education. Is it a good decision went wrong or make myself wrong ? We would have asked many people to explain our case like the above said. Our brain consists with lot of information were stored it. We didn't really pick it up. Then why do we have to reduce ourselves. This is the effect of Decision Making. The result is the result. If you are expecting anyone for your needs or goals by the Decision, then you may regret later. This is why some people e

Myth: Insurance alone help to save Tax The Central Board of Direct Taxes - Ministry of Finance extended the deadline to August 31 from the earlier July 31st, for Income Tax returns on Individual (Order u/s. 119 of the Income Tax act, 1961). There is a time that the Individual Tax payers rush to the Insurance Company / Agent to get their Tax Benefits. I don't want to criticize or against anyone here. But the truth is why we have to rush to buy the Insurance policies urgently on behalf of Tax Saving. We are aware that our regular pay check (Salary) will rise by every year and the Bonus or any incentives where we getting. Without a proper financial planning, buying an insurance product is nothing but, putting our hard earned money in a garbage. When we become a Tax Payer of a country, we can find the best way to get tax benefits. We thought that the Income tax is favored for the Corporate where we work for and the Government is involved in Tax Robbery. Most of us rely on the Insurance

India's Export down in June - Trade War Impact The Country's Merchandise Exports went down for the first time in this year 2019. Recently the Ministry of Commerce report said that Trade exports in June 2019, totaled to USD 25.01 Billion - down 9.71 percent as compared from the year ago period. Exports in June were also seen as the lowest level in the past nine months. Imports were also fell by 9 percent. June imports totaled to USD 40.29 Billion. So, the trade deficit for India in June 2019 stood at USD 15.28 Billion. Exports of Petroleum products fell by 33 percent, Gems & Jewellery at 11 percent, 28 Percent by Rice and Engineering goods fell by around 3 Percent. However Iron Ore exports grew by 155 Percent in the month of June. Electronic products were raised by 44 percent and Ceramics & Glassware products up by 20 Percent in the Exports Side. Spices, Drugs and Pharmaceuticals have seen significant growth in Export for India in June 2019. India's exports were decl