Tag: financial planning

What do I do if I want to buy a share?

Open a demat account. Identify and regularise with a stock broker. start your investment in stocks. But before you do all this Yusra, do find out if you are qualified enough to dabble in stocks. If you are in for the thrill, there is no issue but if you are looking to be a serious…

The Rapid Rise of Interest Rates

So, the mandarins in the Reserve Bank of India (RBI) met and took a decision on the interest rates. And the decision was to raise interest rates. Base interest rates are of two kinds – the Repo and the Reverse Repo. The Repo is the interest rate charged by the RBI to banks and the…

The Benefits of Daily SIP

If I received a rupee for every time I’ve been asked by keen retail investors, “Should I buy mutual fund units or do an SIP” I would be a very rich person today. SIPs have become such a big part of the retail investors’ long term wealth creation construct that even the investments by foreign…

Direct Mode of Investment is DUMB

The retailer is always seen as the money making Shylock, who has no scruples as long as it makes money FOR HIM – irrespective of businesses or products. Just think of the vegetable seller in times of onion crisis (which happens with a twice a year regularity) and I am told about the avarice of…