February 9, 2012

Practicing the Art of Saving

Learn How to Start a Savings Program

Today many people are facing economic hardships, not because they are living beyond their means, but rather because they never learned how to save for a rainy day. A good rule of thumb for businesses is to have enough of a financial cushion to sustain a company for six months to one year. This protects the business against cash flow problems caused by situations beyond their control such as economy down turns, disasters and even personal tragedies. If you do not have this financial cushion protecting your personal finances, then it is a good time to start building your nest egg.

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January 27, 2012

LIC’s New Jeevan Ankur Scheme Details & Review

LIC’s New Jeevan Ankur Scheme‏ is a new children plan from LIC. In the past few years, we have a seen series of children life insurance plans in India. But if something is coming from the biggest life insurer in India then it has to be big. LIC New Jeevan Ankur is a conventional children life insurance plan but as it is backed by LIC which has got best claim ratio in the industry, is expected to gets good response from the people seeking children care life insurance policy in India.

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January 27, 2012

Fixed Term Mutual Fund NFOs

SBI Debt Fund Series – 367 Days – 14 Floats is a close ended scheme with 367 days. The New Fund Offer (NFO) price for the scheme is Rs. 10 per unit. The new fund opens on Jan 27, 2012 and closes on Jan 30, 2012. There is no Entry and exit load. There are two options available with Growth and Dividend options. Minimum amount of application is Rs 5000.

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January 22, 2012

What is a share or stock

What is a share or stock, have you ever thought about this before investing in stock market? It may not sound interesting or important but going through basic and understanding what you are doing will always helps you. Investment in equity is a very common thing and easy thing to do as far the process of investment is concerned.

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January 21, 2012

ICICI Prudential Multiple Yield Fund – Series 2 – Plan D NFO

ICICI Prudential mutual funds have announced the launch of ICICI Prudential Multiple Yield Fund – Series 2 – Plan D (a close-ended Income fund) which seeks to generate returns by investing in a portfolio of fixed income securities/ debt instruments. The secondary objective of the Scheme is to generate long term capital appreciation by investing a portion of the Scheme’s assets in equity and equity related instruments.

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January 16, 2012

How to start investing in stocks

How to start investing in stocks is the first thing which will come to your mind when you think of making money in stock market. How to get started investing sounds like a complicated term for the beginners in stock market but with development of technology and flurry of brokers in the market, it has become extremely easy for a beginner to invest in stocks and mutual funds in India.

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