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The conventional idea of measuring investors’ risk tolerance does not make much real-world sense

The conventional idea of measuring investors’ risk tolerance does not make much real-world sense [ad_1] Risk versus returns. Nothing ventured, nothing gained. The idea that the more returns you want, the more risk you must take is ingrained deeply into the way we think about investing. This is not just a concept or general rule of thumb anymore. There’s even ...

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Average balance in a savings bank account: 5 things to know

Average balance in a savings bank account: 5 things to know [ad_1] 1.An account holder is required to maintain a certain minimum balance in his account over a certain period. This amount is termed as average balance.2.Average balance is calculated as the sum of the daily closing balances for a period divided by the number of days in that period.3.Banks ...

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bank fd interest rates: Bank FD offers 8.5% interest: Which is the right amount to invest that will be fully safe?

bank fd interest rates: Bank FD offers 8.5% interest: Which is the right amount to invest that will be fully safe? [ad_1] Fixed deposit (FD) investors are a happy lot thanks to rising interest rates. Back-to-back repo rate hikes by the Reserve Bank of India (RBI) since May 2022 to fight against inflation, have pushed banks to increase interest rates ...

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EPS Pension: Are employees contributing to private EPF trusts also eligible to apply for higher EPS pension?

EPS Pension: Are employees contributing to private EPF trusts also eligible to apply for higher EPS pension? [ad_1] The Supreme Court, in its judgement dated November 4, 2022, upheld the amendments made by the Ministry of Labour and Employment in August 2014 to the Employees’ Pension Scheme (EPS), 1995. The amendment restricted the employees right to claim higher pension, entry ...

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Canara Bank FD interest rates: Canara Bank hikes FD interest rates; Senior citizens can earn 7.75% on this new FD tenor

Canara Bank FD interest rates: Canara Bank hikes FD interest rates; Senior citizens can earn 7.75% on this new FD tenor [ad_1] Canara Bank, a public sector bank, has increased interest rates on fixed deposits under Rs 2 crore. The new rates are effective from January 18, 2023, according to the bank’s official website. The bank offers interest rates on ...

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Study abroad: How to minimise charges on foreign money transfers

Study abroad: How to minimise charges on foreign money transfers [ad_1] India is experiencing an unprecedented rise in the number of students going abroad for higher education. Foreign education is today seen by students and parents alike as an opportunity to see the world and a chance to find a dream job overseas apart from high-class education. But these dreams ...

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