What is annuity? It is an investment product for retired people. Only after retirement, a person can get the benefits of annuity. Annuity is purchased to generate guaranteed regular income. The frequency of income generated by annuity can be monthly, quarterly, semi annually or annually (depending on selection). Is annuity a life insurance? Annuity is…
When a person wants to buy a risk free investment, which is the best investment vehicle? Government bonds will be the best choice. Why? There are two reasons for it: (a) Government bonds are issued by the central government in India, (b) These bonds are regulated and managed by Reserve Bank of India (RBI). What…
We know how gold is an investment vehicle. But what is e-gold? All over the world the commodity market is dominated by precious metals like Gold and Silver. In India in year 2010, National Spot Exchange introduced E-Gold. The biggest benefit of E-Gold is that it allows investors to invest in gold with much lower…
