How to get Advantage of the Fluctuating Interest Rate?

Interest rate is a highly fluctuating factor that is connected with different monetary issues including investment, loans, savings and earnings. The affect can be positive or negative but usually a change in interest rate affect a certain thing in a positive manner and at the same time it affect some other things negatively. We can use the fluctuation of the interest rate in a beneficial manner however, we must have to understand different things and market trends to change our loss to profit....Read more:How to get Advantage of the Fluctuating Interest Rate?

Savings VS Investing

Savings and investments are two very common terminologies of economics and there is very little difference between these terminologies. Many people become confused when they have to make a choice between investment and savings. This article will definitely help you in making a right selection.

Savings
Savings mean putting a sum of money aside from your income in a real bank or in a piggy bank. Savings are usually in the form of cash and are being safe, less risky and highly liquidate. For...Read more:Savings VS Investing

Home loan payoff or investment – Which is a smarter move?

Pavitra received Rs. 3.5 lakhs from the sale of a family property in her native place. She has a housing loan of Rs. 30 lakhs for which she is paying a monthly EMI of Rs. 35,000. She has completed 2 years of the 7 years of the loan tenure. Pavitra is thinking about repaying a part of the loan with the entire inheritance amount while her husband is of the opinion that they must invest a part of it for their children's education in mutual funds or equity shares.

Often, these complex decisions...Read more:Home loan payoff or investment – Which is a smarter move?

Home loan payoff or investment – Which is a smarter move?

Pavitra received Rs. 3.5 lakhs from the sale of a family property in her native place. She has a housing loan of Rs. 30 lakhs for which she is paying a monthly EMI of Rs. 35,000. She has completed 2 years of the 7 years of the loan tenure. Pavitra is thinking about repaying a part of the loan with the entire inheritance amount while her husband is of the opinion that they must invest a part of it for their children's education in mutual funds or equity shares.

Often, these complex decisions...Read more:Home loan payoff or investment – Which is a smarter move?