Financial Planning : Assets Vs Lliabilities..!

Assets Vs Lliabilities Your assets and liabilities: The amount of assets—items of value—you hold, is a precise indicator of your current and future financial position. Assets tend to add to your income (either now or in future) example investments—in gold / silver, fixed de…

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Non-financial and Financial assets - What is Net worth?

Non-financial and Financial assets - What is Net worth?   By B. Padmanaban www.fortuneplanners.com Net worth is the value of all the non-financial and financial assets owned by an institutional unit or sector minus the value of all its outstanding liabilities. Thus, net worth …

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Who is Portfolio Manager and Which amount they managed in India?

Who is Portfolio Manager and Which amount they managed in India?  A portfolio manager is a body corporate who advises or / directs or / undertakes on behalf of the client, the management of a portfolio of securities or the funds of the client. According to the Securities and …

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Terminology - Finance - Gross National Product - GNP

Terminology - Finance Gross National Product - GNP Gross National Product (GNP) is the total value of all final goods and services produced within a nation in a particular year, plus income earned by its citizens (including income of those located abroad), minus income of non…

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Terminology - Finance - Fiscal Deficit...

Terminology - Finance - Fiscal Deficit... One of the important yardstick to measure the financial health of an economy is Fiscal deficit. It is the difference between the government revenues & expenditure. The difference is generally bridged by debt.

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HOW THE BUDGET IS MADE ?

HOW THE BUDGET IS MADE  From MINT  Budget 2017 - 18, Terminology - Finance

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The MCLR rate is used as a benchmark rate for...!

The MCLR rate is used as a benchmark rate for...! Some banks have announced a significant cut in their  Marginal Cost of Funds based Lending Rate ( MCLR) rates. The MCLR rate is used as a benchmark rate for new loans.  Essentially the banks are now aggressive on the rates…

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Open New Pension Account use Aadhaar eKYC..!

Open New Pension Account use Aadhaar eKYC..! E-authentication technique using Aadhaar eKYC services is legally valid authentication. E-authentication technique using Aadhaar eKYC services is legally valid authentication. New subscribers of National Pension System (NPS) will n…

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Definition of Financially Stable People

Definition of Financially Stable People F inancially stable people are those who are in control of their money instead of  the money governing them.  Their revenue does not essentially decide how financially successful they are, their selections and significances do. This is on…

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Why Is 'Return on equity' - RoE very Important?

Terminology - Share Market Why Is 'Return on equity' - RoE very Important? Indian companies return on equity (RoE) has halved from its 2005 highs to 12.3%, said Credit Suisse. Here is why ROE is important for investors. 1. What is ROE? Return On Equity (RoE) is a financ…

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What is Meant by Velocity of Money?

Velocity of Money - The rate at which money is exchanged from one transaction to another, and how much a unit of currency is used in a given period of time.  Velocity of money is usually measured as a ratio of GNP to a country's total supply of money Src: Investopedia. Term…

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NRE Verses NRO Account

A non resident can invest  in NRE (Non-Resident External) or  NRO (Non–Resident Ordinary)  Account. In NRE accounts 1. The funds are not taxable. 2. Repatriation of funds in full is permitted. 3. Local earnings and any other local credits are not permitted. In NRO accounts, 1. …

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Terminology - Investment - Time Deposits

Terminology - Investment -  Time Deposits Time Deposits. Short- or medium-term, interest-bearing, FDIC-insured debt instrument offered by banks & savings & loans. The account holder has agreed to keep the money in the account for a specified amount of time, anywhere f…

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Terminology - Financial Planning - Account

Terminology  - Account - Financial Planning, Economic A record of financial transactions for an asset or / individual, like at a bank, brokerage, credit card firm, or retail store. More generally, an arrangement between a buyer & a seller in which payments are to be made i…

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Terminology - Business: Monopoly

Monopoly A situation in which a single /  one  company owns all or /  nearly all of the market for  a given type of product or / service. This would happen in the case that there is a barrier to entry into the industry  / sector that allows the single company to operate without …

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Terminology - Business,Finance: Budget

Terminology - Business, Terminology - Finance. Budget An estimation of the revenue & expenses over a specified future period of time. A budget can be made for a person,  family,  group of people,  business,  government, country, multinational organization or / just about …

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Terminology - Financial Planning - Consumer Price Index

Terminology - Financial Planning Consumer Price Index - CPI Consumer Price Index. An inflationary indicator that measures the change in the cost of a fixed basket of products & services, including housing, electricity, food, and transportation.  The CPI is published monthl…

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Terminology - Finance - Consumer Price Index

Consumer Price Index Consumer Price Index (CPI). An inflationary indicator that measures the change in the cost of a fixed basket of products and services, including housing, electricity, food, and transportation. The CPI is published monthly / weekly. also called cost-of-li…

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Related Party Transaction

A business deal or / arrangement between 2 parties who are joined by a special relationship prior to the deal. For example, a business transaction between a major shareholder & the corporation, like a contract for the shareholder's company to perform renovations to t…

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What is Tactical Allocation?

More  financial advisors are asking their clients to make an extra `tactical allocation' to equity. They argue that like such an allocation made to debt a year ago, this strategy would also reward investors handsomely. Many individuals had increased their allocation to …

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