Welcome to Financial Gyaan
We at Financial Gyaan aims at sharing the knowledge about the various financial terms that relates to banking, insurance, mutual fund, real estate, stock market and other financial instrument along with the financial articles. We have designed each and every term/article in such a manner that our visitors should be able to understand the basic meaning at one go.
“Being Rich is a privilege of those who born up with the silver spoon or those who have an ancestral wealth”. However it is not hard as it seems, investment is like a medicine like every medicine is not suited for every patient likewise every investment is not meant for every investor. Our objective is to make aware the investors about the “Nitty and Gritty” of every investment option available in an Indian market so that they can take an effective investment decision and can insure themselves against the various financial crunch that might arise in future because of their wrong investment decision.
It is very common to make mistake in financial market even if you are playing ultra safe, a simple example to explain – 10% return on bank fixed deposit for 1 year is surely going to lure you and there is huge probability of your attraction towards it. But a 8% inflation rate in the same period can actually bring down the purchasing power of your money as the post tax return would be somewhere around 7%. As Indians our favourite investment options are- bank fixed deposits, post office scheme, we hardly explore the other debt options which are more tax effecient than our favourite`s one-FMPs, PPF, VPF or tax free bonds.
So it is always advisable to have your own reasearch of the product where you are going to invest along with the basic understanding of other factors like – “the concept of long term capital while making the investment in real estate can actually help you in better planning of your hard earned money and could also help in fetching you a compartively better return from the situation when you are investing in a residential property because your uncle who deals in sale/purchase of property suggested you the same”.
FinancialGyaan.com can indeed help you in understanding the financial concept with such as easy that might help you in better usage of your own money.
We Wish our Reader`s A Happy, Healthy and Wealthy Financial Life to our Readers.
Would you like to:
- Compare your Daily,Monthly & Annually Expenses?
- Know how much you are spending on your lifestyle?
- Know how much your spending in each category like fuel, food, grocery, rent etc..?
- Know how much you are saving monthly?