Goverment of India has annouced to increase the investment limit in Pradhan Mantri Vaya Vandan Yojna (PMVVY). This scheme is for senior citizen age 60 years and above. As interest rate are falling, it is difficult for senior citizens to survive on interest income. LIC has announced to .......Continue Reading.....
Systematic Investment Plan (SIP) – The Wealth Creation Tool
People used to invest monthly in traditional intrumentrs but Systematic Investment Plan (SIP) is a known investment vehicle now a days (thanks to AMFI "Mutual Fund Sahi Hai" Initiative). SIPs too work on the simple principle of investing regularly which enable you to build wealth over the long-term. .......Continue Reading.....
Process of Financial Planning
Establishing and defining the client-planner relationship - The financial planner explains or documents the services to be provided and defines his or her responsibilities along with the responsibilities of the client. The planner explains how he or she will be paid and by whom. The planner and .......Continue Reading.....
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