Sanjay Matai, The Wealth Architects

The Most Authentic Guide on Personal Finance and Investments


Words of Wisdom : "Two roads diverged in a wood and I took the one less traveled by, and that made all the difference." ~ Robert Frost

New Rs.50 Banknote To Be Soon Issued By RBI

The Reserve Bank of India has announced its plan to shortly introduce a new banknote of Rs.50 denomination.

As per the notification issued on Aug 18, 2017, RBI has stated that the base colour of the new currency note of Rs.50 would be Fluorescent Blue. And, as a measure to depict India's vast cultural heritage, the note will have a motif of 'Hampi with Chariot' on the reverse side.

To be issued under the Mahatma Gandhi (New) Series, this new note will bear the signature of the present RBI Governor Dr. Urijit R. Patel.

The salient features of this new Rs.50 currency note are detailed below.

Key Financial Terms You Must Know (Part 3 - Mutual Funds)

As I have often stated, managing money is really (really) SIMPLE. So much so that even a school kid can master it.

I guarantee that you will find it lot easier than trigonometry and calculus; chemical reactions and equations; Newton’s and Einstein’s laws; etc. that you studied in school.

Just remember one thing... financial jargon has been created just to confuse you, scare you and ultimately enslave you. Because, that's how the financial service providers and their agents can make TONS of money... at your expense.

So, to empower you against misguidance, misinformation and misselling, commonly used financial terms — in Mutual Funds — are explained in plain and simple terms.

Key Financial Terms That You Must Know (Part 2 - Insurance)

As I have often stated, managing money is really (really) SIMPLE. So much so that even a school kid can master it.

I guarantee that you will find it lot easier than trigonometry and calculus; chemical reactions and equations; Newton’s and Einstein’s laws; etc. that you studied in school.

Just remember one thing... financial jargon has been created just to confuse you, scare you and ultimately enslave you. Because, that's how the financial service providers and their agents can make TONS of money... at your expense.

So, to empower you against misguidance, misinformation and misselling, commonly used financial terms — in insurance — are explained in plain and simple terms.

Key Financial Terms That You Must Know (Part 1 - Loans)

As I have often stated, managing money is really (really) SIMPLE. So much so that even a school kid can master it.

I guarantee that you will find it lot easier than trigonometry and calculus; chemical reactions and equations; Newton’s and Einstein’s laws; etc. that you studied in school.

Just remember one thing... financial jargon has been created just to confuse you, scare you and ultimately enslave you. Because, that's how the financial service providers and their agents can make TONS of money... at your expense.

Bharat 22 ETF: Twenty Two Companies. One Investment.

Bharat 22 ETF is a mutual fund scheme, promoted by the Govt. of India, as a part of its disinvestment process.

Through Bharat 22 ETF, the Govt. proposes to divest a part of its holding in various Govt-owned enterprises, Public Sector Banks and shares of a few bluechip private sector companies held by it. Since the scheme will consist of 22 companies, it has been designated as Bharat 22.

And, since it is structured as an exchange traded fund, it becomes Bharat 22 ETF.

What’s The Secret Of True Financial Freedom?

For many people, their car is their asset; their house is their asset; their electronic gadgets are their assets; their smartphone is their asset; the furnishings and fittings in their house are their assets.

Therefore, the more they own them, the richer they feel.

As such, whenever they have surplus cash, the first tendency is to buy more of these things. Isn’t it common to see them rush to the nearest mall the moment they get their annual bonus — to splurge on the latest mobile phone or a designer dress or a new air conditioner?

Mutual Funds Menu Card: Unlimited Choice Of Investments

Broadly, there are four common asset classes — Property, Fixed Income, Equity and Gold — where you can invest your money.

(Except for property) mutual funds offer a very wide variety of schemes encompassing Fixed Income, Equity and Gold... in all kinds of permutations and combinations.

Besides, they also offer schemes focussed on the global markets. So, with mutual funds you can even add international flavour to your portfolio.

Here's a brief overview of the various types of schemes available under the GIANT mutual funds umbrella.

You Learn A Lot By READING... And Even More By SHARING.

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