Working with a financial planner can be an extremely rewarding and valuable experience for you and your family. If you’ve decided to work with a financial planner, it’s important to understand your rights in the professional relationship. By knowing your rights and what to expect from a financial planner, you can take an active role […]
Before a loan is granted to a customer, the bank or financial institution carries out various checks to make sure that the customer will repay the loan along with the interest due. One such determinant when granting a loan is the credit score. This measure indicates the customer’s credit history, with respect to his bank […]
Understand your Risk Capacity and employ risk assessment tools to comprehend your reaction to different market conditions. Financial goals play an important role in deciding your ability to take risk. An individual in his 20s, who wants to retire at 60, has ample time to save for retirement. The dynamic changes if you are in […]
A risk profile is an evaluation of an individual’s willingness and ability to take risks. It helps during financial planning process to assess whether there is need to take risks or not. A risk profile is important for determining a proper investment asset allocation for a portfolio. Risk profiles are generally assessed in 5 categories […]
The first tranche of sovereign gold bond issue of FY21 opened for subscription on Monday and was priced at ₹4,639 per unit. The previous issues are trading at a discount to the current issue as well as to the price of physical gold. The current issue price of gold bond is calculated based on the […]