senior citizen is defined as someone above the age of 60. Investment options for senior citizens include bank FDs and RDs, post office FDs and RDs, Senior Citizens’ Savings Scheme (SCSS), Pradhan Mantri Vaya Vandana Yojana (PMVVY), National Pension System (NPS), Life Insurance Premiums and mutual funds. Some of these are low-risk fixed return options…
You can save tax by investing in 5 year Bank FDs, PPF, ELSS Funds, ULIPs, NSCs and NPS. You can broadly divide these options into two categories. First, under Section 80C, 80CCC and 80CCD you have get a deduction for a maximum of Rs 1.5 lakh in these tax saving instruments. Second, under Section 80…
There is mayhem at the stock markets. In just a matter of weeks, equity investors have seen massive erosion in the value of their portfolio. Paisablogger Sanjay Matai explains how to make the stock markets crash work in your favor.
Balanced Funds are funds which can invest in equity as well as debt. Paisablogger Neil Borate explains why it is must to have these in your portfolio.
Paisabazaar.com’s CPO Radhika Binani explains how one can track one’s credit score and build it over time.
Imagine a situation, when you have taken a large loan but are unable to arrange funds to pay it back. Kamilla suggests solutions to come out of debt during such times.
The rules of REITs are relaxed now as the investment cap in under-construction projects is raised from 10% to 20%. Here is a quick read on why REITs are attractive now.
We all are aware of the importance to save money for the future and one of the best option for the same is Mutual funds. Here is a quick look at the best Mutual Funds to invest in 2018.
Keeping your hard earned money idle doesn’t allow it to grow and contribute in fulfillment of various financial goals. Paisabazaar’s Manish Kothari suggests where to invest money in mutual funds to help build substantial corpus.
Youngsters nowadays are more focused on short-term gains. They are more into digital currencies and are, therefore, gaining knowledge of blockchain system and online investments.