When it comes to a Mutual Fund, everyone wants to know Which is the best performing Mutual Fund Now.
Since the significant announcement by the Reserve Bank of India on May 7, 2012 many NRIs have expressed interest in transferring funds from the Non-Resident Ordinary Account (NRO) to Non-Resident External Account (NRE). The Reserve Bank of India (RBI) permitted NRO to NRE fund transfer subject to payment of applicable taxes within the overall ceiling of $ 1 million in a financial year.
The NRI Demat account is important for NRIs looking forward to invest in the shares, bonds, and Initial Public Offers (IPOs). The Demat account is maintained to hold shares or securities in electronic form.
It is a widely-acknowledged practice to invest in a mutual fund that has yielded good returns in the past believing it will do well in future as well.
An investor will prefer to invest in mutual fund through a power of attorney under some special situations. Let us see a few examples of those special situations:
Amidst the ever increasing fuel rates which is making driving a car an expensive proposition , If I say that I can give you magic mantras which will reduce the annual budget of your car or I can make driving your car cheaper than earlier , Will you believe me?
The answer for both the questions is investing in stock market. Once you decide to invest in stock market, you have got two options
Sigmund Freud made a name for himself by interpreting dreams through the use of his knowledge of psychoanalysis. He succeeded in deciphering the various quirks inside the human brain which influenced their behavior.
When we have a desire or dream which is not yet fulfilled or we have not taken any step to fulfill it, then it becomes an incomplete cycle.
At the outset, they may appear harder. However, they are simpler if you understand the basics and you start practicing it.