Financial Term Of The Day - “Know Your Client (KYC)”.

  Know Your Client: A standard form in the investment industry that ensures investment advisors know detailed information about their clients’ risk tolerance, investment knowledge and financial position. KYC forms protect both clients and investment advisors. Clients are protected by having their investment advisor know what investments best suit their personal situations. Investment advisors are [...]

Real Estate Market - what’s going on…?

The magic of wealth creation by real estate assets was mindblowing in last couple of years. But now, things are changing. Buyers are not as enthusiastics as they were. There are many different views on this, lets see.
The loan institutions say that [...]

Rupee Vs. Dollar..things are changing now!

     You have heard everywhere US Dollar is depreciating and Indian Rupee is appreciating. Well this was true till now (i.e. March 2008). Things may get exactly opposite from now. You have seen rupee getting stronger and stronger from 45 to 43 and now to the levels of 40! But after this rupee is seen [...]

Financial Term Of The Day- “Tax-Efficient Fund”.

Tax-Efficient Fund : A mutual fund in which structure and operations are based on reducing the tax liability that its shareholders face. Reducing the tax liability of a fund is done in three main ways:
1. By purchasing tax-free (or low taxed) investments such as
municipal bonds.
2. Keeping the fund’s turnover low, especially if the [...]