Sanjay Matai, The Wealth Architects

The Most Authentic Guide on Personal Finance and Investments

This Diwali Sovereign Gold Bond Trumps ETF and Jewellery

If you wish to invest in gold, there is absolutely no doubt that Sovereign Gold Bond gets the top slot.

Close on its heels, at the 2nd spot, is the Gold ETF (Exchange Traded Fund).

And jewellery comes at a distant (distant) 3rd and last place.


Jewellery purchase involves 'uncertainty in price', 'uncertainty in purity', 'uncertainty in safe-keeping'; and a host of other problems.

SBI Elite Credit Card: A Premium Offering

First and foremost, please remember that Credit Card is NOT Cash. Rather, it is a highly practical and convenient tool to make payments, instead of using cash.

Plus, of course, credit card companies offer many exciting freebies.

But, it has dark side too: You MUST ALWAYS clear your credit card bills before the due date. Any delay will make you liable to pay exorbitant interest charges of around 30-50%.

In other words, if used intelligently, credit cards can be exceptionally useful and rewarding.

4 Easy Tricks That Make You Rich, Not The Others

Our bankers are getting are richer. Our insurers are getting are richer. Our jewelers are getting richer. And all this simply because, we have not bothered to take good care of our personal finances.

Don't be Lazy!
Don't be Ignorant!
Don't make others Rich!

Earning best returns on our investments, is one part of the story.

The other equally important aspect is to, not let tons of money slip through our buttery fingers.

I Hate Losing Money. So I Invest In Stocks.

If I say that you have "no" investments in equity (either directly or thru' mutual funds), I would be 90% right (simply because, less than 10% Indians have equities in their portfolio).

If I say that you don't invest in equity, because of the extreme fear of loss, I would be 99% right (simply because, you hate losing money).

For that matter, I too hate losing money. So I invest in equities.

Oops! That sounds quite contradictory.

Mutual Fund Cut-Off Timings That You Must Remember

As you know, when you buy or sell shares, the price/share that you get is... as quoted at that very moment.

But, when you buy or sell mutual funds (excluding ETFs), the price/unit is... as valued at the end of day.

The key question however is, which end of day... yesterday, today or tomorrow?

Answer: All the three possibilities exist.

RBI's Monetary Policy Oct 2016, The Simplest Summary

On Tuesday Oct 4, 2016, Reserve Bank of India announced its Fourth Bi-monthly Monetary Policy for the Financial Year 2016-17.

Before we go into the details, here's one key development... this is the first ever policy to be presented by a "Monetary Policy Committee". Henceforth, this will be the practice followed.

Till now, it was the RBI Governor who was deciding on the monetary policy. Going forward, a six-member Monetary Policy Committee will frame the policy, on a bi-monthly basis.

The 3 Ps and 3x3x3 Matrix to Financial Inclusion

Do you pay monthly wages to your cooks, maid servants, drivers etc. in cash, rather than thru' mobile / internet banking or any other electronic mode of payment?

Have you ensured their financial security, by introducing them to various schemes such as Jan Dhan Yojana, Aadhar Card, Atal Pension Yojana, Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana, etc.?

If not, you must ensure their Financial Inclusion by bringing these 'under-priviledged and unbanked' people within the ambit of formal financial system.

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

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Ignorance is like a SIGNED BLANK CHEQUE... anyone can MISUSE it.

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