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The Ameriprise India Financial Intelligence Index Survey

June 27, 2013 Leave a comment

In this survey,an early start, goal-based planning and willingness to seek professional advice have made Mumbai investors the most financially intelligent in the country. Mumbai investors scored 5.8 on a scale of 10, the highest among the six cities, in this study conducted by TNS India on behalf of financial planning firm Ameriprise India. Delhi ranked second on the Financial Intelligence Index with a score of 4.5, followed by Hyderabad, Pune, Bengaluru and Chennai . The study gave equal weightage to five parameters: the age at which you start investing, portfolio diversification, long-term horizon, goal-based investment and seeking professional help. Nearly 700 upwardly-mobile investors with an annual household income of 12.5 lakh and in the age group of 28-45 years responded to the survey. Read more of this post

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Accessing Foreign Securities

June 17, 2013 Leave a comment

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Its common knowledge that resident individuals in India can each invest upto $200,oo0 (about 1.2 Cr Rupees)abroad per year.However, not all potential investors have more than a few lakhs to invest and few have access to the infrastructure and knowledge to invest abroad by themselves.

So if you are looking to take the first few baby steps to diversify into foreign assets in a limited way here are the services you could access:

ICICI Securities

Kotak Securities Read more of this post

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10 Year Government Bond Rates World Wide

June 5, 2013 Leave a comment

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There are many ways to look at the 10 year government bond rates.They give us an idea of might be the risk free rate of return in any given country.Compared across the world,they could be a way of understanding how risky the world considers investing in any country to be.However governments try everything in their power to influence this rate to manage their debt,manage inflation etc.so each figure needs to be understood in its context.Comparing government bond rates across tenures in any country allows us to get an idea of the yield curve and the economic prospects of the economy.

Here is a link to a constantly updated list of 10 year government bond rates.Link

Filed under Paper Assets, Tool Kit Tagged with 10 Year Government Bond Rates, 10 Year Government Bond Rates World Wide, 10 year government bonds, bond rates, bonds, debt management, inflation management, investing in bonds, postaday, risk free rate of return, sovereign risk, yield curve

Liberty Reserve

May 31, 2013 Leave a comment

Have you heard of the the money laundering case against Liberty Reserve in the news?Here’s a brief summary if you are coming in new:

List Of Insurance Companies In India

May 24, 2013 2 Comments

Today there are a heck of a lot of Insurance companies in India and every few days some or other new product is launched and withdrawn.

Insurance agents are are paid by the companies they represent and have little motivation to study products from other companies and none to recommend any of them to you.

Theoretically, brokers who are deemed by law to work in the interests of the buyer,are meant to study products from multiple companies and impartially recommend the best for their client. But remember they are compensated by insurance companies on the basis of each product they sell.Additionally the commission is on a percentage basis and calculated on the size of the premium.So brokers too face a conflict of interest and have less incentive to sell cheaper products. Read more of this post