Welcome. The aim of this space is to increase your Financial IQ. Subscribe to updates by Email & RSS Feeds. Share with your friends and help spread the word
   
Advertisement

Financial IQ

What are the financial instruments in India?

We took a look at the players in the financial markets earlier. Let us now look at the Financial Instruments these players have. They van be braodly classified into Government securities and Industrial securities.

 
Read more...
 

Insurance

How an actuary buys Insurance?

Trent Hamm runs a personal finance blog by the name "The Simple Dollar". The Simple Dollar is for people fighting debt and bad spending habits while building a financially secure future and still affording a latte or two. Our busy lives are crazy enough without having to compare five hundred mutual funds - we just want simple ways to manage our finances and save a little money.

In the following post, (http://www.thesimpledollar.com/2007/06/07/interesting-insights-into-life-insurance-from-an-actuary-how-he-would-buy-life-insurance/) Trent recounts his meeting with his PhD in Maths and Actuary friend who works in a big Insurance firm about the amount of insurance one should buy.
Read more...
 

Editor's Choice

Will Growth slow Corruption or Corruption slow Growth

The online research and business analysis journal of the Wharton School of the University of Pennsylvania has this story on India.

In India, Will Corruption slow growth or Will Growth slow Corruption

 
Indians prefer keeping 65% savings in the Banks E-mail
A recent nationwide survey reveals that most Indians prefer keeping 65 percent of their savings in liquid assets like bank or post office deposits and cash at home, while investing 23 percent in physical investments like real estate and gold and only 12 percent in financial instruments.

For getting secure return on their earning, 51 percent of Indians put their savings in the banks while 36 percent of households still prefer to keep cash at home. The investment in post offices and other guaranteed return schemes and plans gets minor part of total savings. Only 5 percent of family put their money in post offices, while 2 percent buy insurance policies and 0.5 percent invests in equities.

This is the result of a recent nationwide survey of over 60,000 households by National Council of Applied Economic Research (NCAER), New Delhi and Max New York Life.

Read the full details

 
[ Back ]
Copyright © Ranjan Varma, Editor, India's First Online weekly on Personal Finance, Mail: ranjanvarma(at)gmail(dot)com
RocketTheme Joomla Templates