Here is an anecdote between investing and saving , Savings are anyway always killed by the inflation considering the time value of money,
You may lose some or all of the money you invest depending upon your planning and risk appetite . You can earn interest by putting money in a savings account, but savings accounts generally earn a lower return than investments. Investments have the potential for higher return than a regular savings account
Saving is Passive
Investing is Active. Continue reading “Why you should invest rather than save”
The rupee is getting weaker against the dollar and RBI did intervene in the market, Perhaps a better gauge would the tanking of the $INR from 54 to 61. I would attribute the wealth lost in that fall entirely to UPA & Pranab Da.
It is not end of the world or the INR. Just a part of the process by which markets discover price & force policy makers 2 revert 2 virtue.RBI should note that those Industrialists crying about the $INR are precisely those who add no local value but enjoy a protected market.
In the mean time just thought of sharing some basics from RBI : – Continue reading “How well you know about Money RBI : Central bank Termonologies”