Nirav Panchmatia's Blog

Category: Risk-free Investments

Subbu liquid fund ke bare main nahin jaanta hai

You must have seen or read about this wonderful advertisement appearing since december on TV as well as print media…

“SUBBU SAB JAANTA HAIN”….

It is an advertisement by Kotak Mahindra Bank intending to attract money in it’s savings bank account on which it recently increased the interest rates from 4% per annum to 6% per annum.

JAAGO NRI JAAGO

“The BEST Investment opportunity is provided only in times of CRISIS”.

Indian importers are aghast, shocked and caught unawares at the sudden fall in rupee vis-a-vis the US dollar…an Indian traveller, the Indian Govt. and the Indian Importer are in pain as they have to pay full 15 to16% more rupees today to buy 1 US dollar compared to a year back…

Have a look at the table below…

The Rich man’s bank accounts

In this article, let me introduce you to the rich man’s bank account. Yes, the financially well healed & High Networth Individuals (HNI’s) have a different avenue where they park their funds that they do not need temporarily. Now where do you park the surplus money that you do not need immediately? You and I…