INVESTMENT SOLUTIONS

Fixed deposits: Better than savings account are the other investment options like bank fixed deposits schemes. One can invest in a FD with varying maturities. If he needs certain amount of money after 1 year, he can invest in for 1 year FD for that much amount and for other amount can have FDs of different maturity. This will help him meet the liquidity needs and also earn interest. He can go for the regular returns options like the quarterly or half-yearly payout options. Else, he can choose interest re-investment option. However, remember that interest income earned in FD and savings account is taxable. FMPs: Fixed Maturity Plans (FMPs) are income/debt schemes giving a fixed return over a period of time. They are actually similar to fixed deposits in banks. The maturities offered were varied, going from one month to three years. They are close ended schemes, which are open only for a fixed period of time during the initial offer. While the money is locked, FM

What is SIP and how does it work : What is SIP and how does it work: Just like recurring account, in SIP investor commits fix amount on a regular basis. In fact SIP is more convenient and investor friendly than recurring deposit. Investor can start SIP in any of the mutual fund scheme. In this investor can decide a particular day of the month on which he/she wants to make investment. Once day is decided and mentioned in the application form, fixed amount gets debited from the account on that particular day and equivalent numbers of units get allotted to investor based on that day's NAV. Why SIP : Automatic Market Timing & Rupee Cost Averaging: The biggest advantage of SIPis you can time the market automatically, as irrespective

According to Bank of  America Analyst MacNeilCurry, gold prices would need to double in less than a year to show the kind of extreme momentum that would signal the end to the long-term cyclical uptrend. "Until we see price action take some kind of massive speculative blow-off, where prices effectively double in a year or less, I have to maintain a long-term bullish bias." The technical strategist added that gold's price could double in a shorter time frame, and that he was watching momentum most closely for indication of the kind of speculative fluctuations that would signal an end to the secular bull trend. "That says to me, we'll probably see a move in gold, before all is said and done, to between $3,000 to $5,000 (per ounce) and potentially $7,000 per ounce," he said. Using Elliott Wave counts on a logarithmic chart dating back to 1969, Curry's analysis points to a long-term target for gold at $6,081 per ounce. Gold has met an ini

Although CLSA has cut its target for the Sensex to 19,000 from 20,000, it still maintains its "overweight" rating on the index. While the foreign brokerage firm has turned less bullish on the market due to adverse macro developments over the past few weeks, it still expects 10-12% market returns over the next one year, helped by valuations. Meanwhile, last month, Gold man had set a March 2013 target of 6,100 for the Nifty index. That means around 15% upside from the current levels. Goldman Sachs had upgraded Indian stocks to "marketweight" from "underweight". However, Sakthi Siva of Credit Suisse is neutral on India at this point in time. "We tend to favour markets that are in the cheapest four club. India actually joined the cheapest four club on January 3 and we upgraded India on the back of that call. But fortunately or unfortunately, India then put on about 25% in US dollar terms. So, as a valuation model it has since dropped out of the ch