Why do RIAs charge fees?

The financial services industry is a rapidly changing professional environment. As the needs and desires of consumers change, firms engaged in managing money are also evolving. A registered investment advisor (RIA) manages the assets of individuals and institutional investors. He or she must be registered with the regulator in the jurisdiction where one is practising. In India, […]

Forex Trading in India

India is the second most populous country in the world that is home to one of the largest group of working class people, who have an increased affinity towards investing in the several attractive opportunities available throughout the globe. Forex trading is one of the very new investment concepts in India that was popularized by […]

Spiralling education costs can kill your savings

The fees for class of 2017-19 batch of IIM-Ahmedabad will be Rs. 21 lakh for the two-year MBA course. Laptop computer, personal expenses on boarding, travel, clothes and laundry are extra. https://www.iima.ac.in/web/pgp/apply/domestic/expenses This is 400% higher than what the B-school charged in 2007. If the fees of the management course continues to rise by an […]

Changes in PPF and NSC rules for NRIs

NSC is deemed to be encashed on the day the holder becomes an NRI, while PPF account is deemed to be closed if the status of the account holder changes. With changes in investment rules for select small savings schemes, the government has said such accounts will be closed before their maturity in case status […]

What if I live too long

It is a rare thing to hear of someone who has celebrated their 100th birthday. It is rarer still to meet such a person. But with improving health facilities a day would come soon that there would be more than a million such people in the country. As per the estimates of United Nations (UN), […]