Have you ever wondered what types of NRI bank account options in India are available to you as NRI. How do you decide between NRE, NRO, FCNR and RFC accounts? Read on to find out how these account types differ in features and restrictions... read more
High charges and higher entry barriers have taken the sheen off the convenience-appeal that credit cards have long held over traditional money. That, combined with credit score based approvals meant that these cards were leaving behind a massive group, forming a new class of consumers... read more
When considering fund transfer to a beneficiary in another country, one is likely to be faced with options such as, SWIFT BIC, CHIPS, CHAPS etc. This article sheds light on these acronyms and explains the underlying transfer protocols and processes that banks employ to service a transfer request... read more
Several vendors operate in the business of transferring money around the world. Having a wide variety of options however, makes it a difficult task for some users to choose a provider that suits their needs. This article explains the various money transfer options and the pros and cons of each. By the end of this article the reader will have acquired good knowledge to choose a provider that best fits their requirements... read more
This four part series aims to introduce our readers to important considerations that need attention, prior to making any investment. The guide starts with the assessment of a person's financial situation and concludes with a discussion about the approaches to investing in a disciplined manner... read more
Since the dawn of the internet era, stock markets have become increasingly accessible to the general masses. This rise in accessibility has been accompanied by an equally spectacular growth in investment related businesses. Suddenly, the market place is filled with brokerage houses offering stock tips and wealth management services. Gone are the days of checking stock prices in financial newspapers... read more
A falling market usually indicates one of two things - a long due correction, from which the market may recover fairly quickly or a prolonged downturn caused by some economic turmoil, where stock value and investors' sentiment, both take severe hammering. Most people stay away from a falling market, regardless of the type of fall, yet there are those, who strive to profit from such falls... read more
New investors are usually fraught with misconceptions regarding some investment strategies. One such noteworthy strategy is diversification, which serves to mitigate risks to portfolio arising from the volatile nature of markets. Diversification basically involves adding investments to a portfolio from a variety of investment avenues such as equities, debt, real estate etc... read more
During downturns in a market or a stock, investors may feel an urge to increase their positions in certain loss making stocks that were purchased at peak prices. This may not necessarily be anomalous if your strategy for a particular stock, from the outset, was to keep increasing your holding. However, if you are buying in just to better your average holding price then... read more
Several newcomers to the market start investing in stocks with a very defensive approach. They want to quickly make some profit, extract their original investment and reinvest only the profit back into the market. They fear that a sudden market movement may wipe out their original investment. While their fear is somewhat justified, their strategy clearly lacks conviction... read more
Warren Buffett once famously said that he does not invest in a business that he does not understand. Although, he used the statement in reference to technology stocks, I believe it can be used as a rule of thumb while investing in the stock market in general. A majority of investors have been known to take positions in stocks based on tips alone... read more