Moneyrulebook

 Here are most preferred investment options for NRIs.   1.    Bank deposits. NRIs can invest in Bank accounts. I t is illegal for an NRI to have savings bank account and it should be converted to NRO account . There are three types of bank accounts for NRIs:-   ·         Non-Resident (External) Rupee Account Scheme (NRE Account); ·         Non-Resident Ordinary Rupee Account (NRO Account); and ·         Foreign Currency (Non-Resident) Account (Banks) Scheme (FCNR Account). 2.    Equity investments. NRIs need to open an an account under the portfolio investment scheme(PIS) on either repatriation or non-repatriation basis. 3.    Mutual funds. There is no restriction on NRIs for investing in Mutual funds. They can invest in debt and equity Mutual funds.  NRIs from USA and Canada have certain restrictions and can only bu...

1 . Saving is a prerequisite to investing. The number one rule here is to save before you spend. Savings for most people is the money left after spending but successful investing involves planning before you spend.     2. Invest in Assets. Stocks, real estates, gold and businesses are the best assets for investing.     3. Think Realistic . Don’t fall for quick rich get schemes and investing is a game best played with patience.   4. Think & Plan long term. Again, keep a long term perspective in investing. Plan to at least stay invested for a minimum of 5 years. 5. Keep an eye on taxes. Plan your taxes.   6. Look at the big picture first. Write down your debts, taxes, insurance, immediate expenses and then create a plan based on your current situation   7. Time frame to the investment. If you have a requirement for spending in next year or so, invest that money in liquid funds.   8. Diversification is the key...

  Financial ratios are important in evaluating the stocks.    The two important steps in evaluating stocks: ·          Evaluation of Business Health   ·          Evaluation of stock’s price   Financial ratios fall into two broad categories :- 1.        Ratios for Price Valuation a)       PE ratio b)       PB ratio c)        PEG ratio d)       Dividend yield   2.        Ratios for Profitability check a)       RoCE ratio Steps in evaluating the stocks 1.        Prepare a list of of top stocks 2.        Calculate following the values for each of the stocks a)       Market cap b)   ...

Ace investor Rakesh Jhunjhunwala saw his net worth surge by over Rs 1,400 crore between July and September this year. Here are some of the stocks where he has made gains:- ·          Titan ·          Escorts ·          Crisil ·          Rallis India ·          Jubilant Life Sciences ·          Fortis Healthcare

Burger King India Limited is one of fastest food company in india and number two globally. Burger king   opened its frst restaurant in November 2014, and presently has more than 216 restaraunts in india. It is launching its ipo in December 2020. Here is why this is a lucrative investment choice. Whats makes Burger king IPO , a lucrative choice :- ü   Menu items are tailored to Indian taste ü   Quality Products at attractive price points ü   Company’s focus on growing Indian urban class ü   Burger king’s actively managed supply chain model ü   Company’s significant investments in its operations and operating procedures ü   Focus on accessibility and convenience to its urban customers ü   Senior management has good experience in FMCG segment