RICH INVESTING iDEAS

India Interest Rate - One year Look 2019 The Country's economy has been slowdown for the past year and a half. The GDP growth has been also come down from 8 Percent (July 2018) to 4.5 Percent now. Inflation has been steadily rising for the past few months due to prices of Vegetable, Milk Products and Pulses. As per the Past data shown in the Trading Economics website, India's Inflation was 4.17 Percent in the period of July 2018 and now it is at 4.62 Percent. It was seen as low of 1.97 Percent in January 2019. The Inflation is likely to raise in the upcoming months. For the past one year, the Bank REPO rate seems pretty low. This favors for the Borrowers and at the same time, it won't favor for the Fixed Depositors. The Bank's REPO rate, which stood at 6.5 Percent in the second half of Last year. Now, it is showing at 5.15 Percent. Till date the Central Bank (RBI) has reduced the REPO rate by 135 Points in one year. It is noteworthy that the bank (REPO) rate was lowered

Best 5 Funds to invest in 2020 - Children's Gift Mutual Funds While preparing for a Financial Planning, setting a Goal is essential for any investments. The Financial goal may be Short, Mid term or Long term. However it should be planned with a Goal Name like Retirement Planning, Child Education, Marriage, Buying a Home or Emergency Fund. Nowadays we cannot predict the value of Education and Medical Expenditure. This is why when it comes to getting Health Insurance for the Family to cover medical expenses and it benefits everyone in the family. When it comes to Child Education, most of us fail to plan it properly. We need to plan ahead to cover the cost of Children's Higher Education. When planning for the upbringing of children, we must keep in mind that it is a long term goal. For example, if the age of child is about One year, then we have a period of 16 years to achieve the Goal like Higher Education. So with that in mind, it is better to have a returns that goes beyond inf

GDP and Inflation in India - Thumbnail View GDP and Inflation are subject to change at different times in Different Countries. These two are the main economic factors for any country. Inflation is nothing but a rising prices of Essential Commodities and a decline in the purchasing value of money. In a nutshell, if the price of essential commodities is going up, then we will say that the prices are Rising - It's Inflation. There are other two things called Deflation and Stagflation. Deflation happens, when the commodity prices are going negative, which is seen as very cheap. The value of Deflation is under Zero. While this may cause to Unemployment and Poor wages. The reason is that the commodities are not getting the Right price. Stagflation is like a Stagnating, a combination of Rising Unemployment, High Inflation and there is a slow down. On the other hand, Gross Domestic Product is the Total value of Goods and Services produced by a country over a period of time. It is usually c

India's GDP growth to 4.5 Percent in September Quarter 2019 The Country's Economic growth slowed to 4.5 Percent in the Second quarter of current Fiscal 2019-20. The So-called economic growth is for the period of July to September 2019. Gross Domestic Product growth stood at 5 Percent in the previous quarter, which was seen as lowest in the past 6 years. The current growth slump is less than the Market's expectation of 4.7 Percent growth. The Spike in Manufacturing, Investments and the decline in exports have affected the GDP growth index. Over the past two years, there is an economy slow down globally. India's GDP growth was also fallen down for the Five consecutive quarters. While many changes have been made to boost the economy by the Government, but their arrival has been delayed. In the upcoming months, the REPO rate is likely to be lowered again. It is noteworthy that after the Implementation of Demonetization and GST, the expected investment inflows and Consumptio

India's Mutual Fund Investments - Till Date - November 2019 The Indian Mutual Fund Industry has attracted a total inflow of Rs. 1.33 Lakh Crore in the month of October 2019. At the end of October 2019, India's Mutual fund industry manages the Average Asset Under Management (AAUM) worth Rs. 26.33 Lakh Crore. Let's look how the Mutual Fund Investments in India had done Since April 2019, For the month of April 2019, there is an outflow of Rs. 5,005 Crore in Equity investments. On the other side, the Debt market attracted investments worth Rs. 49,973 Crore. From the month of May 2019 to October 2019, both the Equity and Debt Market made a positive inflow for the Indian Capital Market. The Equity Investments for the month of May, June and July are Rs. 4,809 Crore, Rs. 6,538 Crore and Rs. 14,846 Crore respectively. In the month of August 2019, the Equity investments got from Mutual Funds worth Rs. 18,305 Crore, which is seen as the highest equity investment for this Financial yea

10 Things to prepare for a Healthy Financial Planning Saying, 'Happy Birthday' to your friends is not the best relationship. We need to follow some things. We must share those things with our Friends - It's not only a healthy Friendship, but a Healthy Financial Planning. Here i am listing Ten Classic things that i loved. Share it with your friends if you like. You can also try to practice it in your daily life. Maintain Budget Planning Always find the good investment opportunities, but not a Ponzi Scheme :) Diversify your Investments, even Knowledge Take Proper Health and Pure Term Insurance Make use of Digital Payments, Learn to Save Tax Plan for the Retirement - It's important than your Child's Education Live Debt Free (No worries) Create Emergency Fund - Expect the unexpected events Start a Home Gardening Help others or Share your knowledge with others Life is not absolutely a beautiful thing. We are the beautiful heart to make Human

How to use SIP Investing effectively ? The Great Mistake in SIP Investing that most of the people are not investing continuously until the end of the Financial Goal(s). Thus we may not be able to achieve the expected Target Amount or Proper Destination. This mistake can also affect or change our Family's Financial Position. It's like we just setting a Goal and do nothing in a series of work. For instance, If you need Rs. 1 Crore Corpus in 15 years, then you have to invest a monthly SIP (Systematic Investment Plan) of Rs. 14,800 /- if the expected rate of return is 15 Percent. If the expected rate is 7 Percent, then you have to invest a monthly contribution of Rs. 31,400 /- and if the rate of return is just 11 Percent, the SIP will be Rs. 21,800 monthly. If you think that your monthly investment is high or not fair with your regular income, then you can extend your deadline say 20 Years Plan. Otherwise, you can start the SIP with a little and then increase the SIP amount by ever