Do your Homework better
Many of us
assume that we have sufficiently taken care of our children’s future and well
equipped to fulfill their aspirations.  We
shoulder the belief that our conventional savings would be sufficient enough to
address their various goals.
 
 
I was in for
a pleasant surprise when I was invited for an event to understand whether I did.
Did you Do Your Homework was the
question posed and I am candid enough to admit that I wasn’t and so were almost
all those present there.
 
 
As
responsible parents, it is very important that we encourage our children to
aspire towards whatever they would like to do and have a variety of different
options to choose from. When we do so, they can end up getting a job which
would surely give them the much required job satisfaction, even if it may not
be their dream job.
 
 
I have seen
my daughters growing up, and choosing their career paths which they had aspired
for. As a parent, my main goal is to make my kids feel happy and live a good
life. And the least that I can do towards it is to let my kid be what she wants
to be, if that is what makes her happy and pleased and not to interfere with it
at all.
 
 
It is a real
pleasant feeling for a parent to see our child be pleased with their job, be it
an attorney, a security guard, an artist, an author, a doctor, a police
officer, a pilot, a nurse, an actor or perhaps even the President of the United
Nations, if that is what is our children’s
aspirations
.
 
However,
there is a price to pay for achieving this satisfaction. With mounting cost
higher education, we as parents need to ensure that we have the sufficient savings
to plan for our child’s future.
 
 
As a parent
we have a key role to play in supporting our child in their career journey. We
are not only their first point of call for career counselling, we also need to
be able to provide them the financial support to prepare them for their chosen
career as their onward journey in life.
 
 
The #DoYourHomework
initiative is
a wonderful enterprise to create awareness among the parent fraternity about
planning for one of the most important goals in their life – their kid’s
education and their future.
 
 
This
initiative surely calls for action from parents and a wake up for them to
understand that they need to do their homework not just in finding out what
their children want to do in future and provide the support for the same, but
also find out the overall expenses and plan towards the same.
 
 
An amazing initiative,
Do Your Homework is a true eye-opener for parents to bridge the gap between
their kids desired career aspirations and goals and the financial requirement
to help them achieve it.

 

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Tap2Trade with Edelweiss and be Money Wise
When I decide to trade, I want to do it right away. We have come across
this thought so many times, but unfortunately not able to do it.
 
 
The unending hassle and long list of documentation apart, the time taken
for opening a trading account puts off potential new entrants to the capital
market.
 
Edelweiss Financial Services, one of India’s leading diversified
financial services conglomerates, has introduced an amazing new concept for the
first time ever in India to ease the process of opening trading accounts.
 
 
Christened as Tap2Trade, this new account opening process empowers
individuals to open an online trading account and trade using smart-phones,
tablets and computes.

 

Edelweiss’s expertise in the financial market anticipates that the mobile
trading business in India to grow more than eight times in the next three
years. This anticipation is based on their study which has sensed the paradigm shift
in consumer preference for digital platforms. Mobile phones being the dominant
platform in the days to come, this seems to be an honest estimation.
 
Limited or curtailed retail participation in the Indian capital markets,
ever since beginning, can be blamed exclusively on the hassles of getting
documentation, loads of signature, verification of original documents etc.

 

Tap2Trade is an attempt by Edelweiss to make the entire process of trading
account opening hassle free, convenient and time saving, thus easing the
process of investing in the markets. Tap2Trade manages to do this by taking
care that all SEBI mandated guidelines and superior risk management and control
processes are technologically inbuilt, thus not being required to get this
information and documents again from the customer, and thereby smoothening and
quickening the procedure.

 

Tap2Trade claims to be able to open and online trading account for a
customer and enabling the customer to start trading within just 60 minutes,
subject to the SEBI and KYC requirements being complied with. Such speeded
procedure is surely an exemplar shift from the usual 6-8 working days that it
used to take from the time, a potential investor decides to open a trading
account and the time when he is actually able to trade online.

 

Another amazing feature launched by Edelweiss is the Mobile Trader smart-phone
App. Believing that consumer preferences, increasing smart phone penetration
and faster internet connections will drive mobile trading, this App has been
built on the 3S framework – Simple, Speed and Smart.
 
The Mobile Trading App has been developed including all the requisite
features and real life experiences, including navigation, information and even
choice of colours, which have been conceptualized keeping the trading community
in mind.

 

An amazing feature of this App apart from the live feeds and simplified
logins is the SGX Nifty live (with a delay of 10 minutes), all of which are
perhaps the category firsts in India.
 
Tap2Trade can be accessed either via the computers or by downloading the
Edelweiss Mobile Trader App which is available on Google Playstore (4.3
rating). This service will initially be available in 8 major Indian cities, to
be extended across the country soon.
 
 
Edelweiss as a Financial Services Company has always been committed to
continuously improve customer experience through smart use of technology and
both these innovations, the Edelweiss Mobile Trader App and the Tap2Trade
online trading account, are testimony to this commitment.
 
Edelweiss Financial Services trades under the symbols NSE: EDELWEISS,
BSE: 532922, Bloomberg: EDEL.IN, Reuters: EDEL.BO.

 

To learn more about the Edelweiss group and these amazingly new innovative
products, you can check out at www.edelweissfin.com
 
This post has been written for the Edelweiss
trading app launch event through BlogAdda.

 

Images in this post courtesy +dwitiy revankar 

 

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New India Portfolio – The power-packed scheme for wealth creation
Indian economy is today
the blue-eyed boy of the world. All major brands are vying for its attention
and trying to get a share of what they can grab of it.
 
Such attention is not
just for nothing. It is because Indian economy is today the third largest
economy in the world in terms of purchasing power. And the future looks
absolutely upbeat, with it predicted to touch new heights in the coming years.
 
As per the global
Investment Bank, Goldman Sachs, in another two decades, by 2035, India would be
the third largest economy in the world in absolute terms just after the United
States and China. According to the Bank, Indian economy is predicted to grow to
the size of 60% of the U.S. economy.
 
The important steps
which really helped Indian economy to gain momentum and reach the level that it
has achieved today was initiated by the economic liberalisation. The trade
liberalisation, the financial liberalisation and the various regular tax
reforms helped in opening up a plethora of foreign investments into the
country. These foreign investments are surely here to stay for long considering
the upbeat mood in our country on the Make in India call by the Government.
 
When the economy is
having a great celebration, can the markets be far behind? The Indian stock market
too has witnessed substantial gains during the last couple of years, especially
since the election of a stable Government at the Centre in the last elections.
 
In a booming economy
and a growing market, it is only fair that the investors make hay while the sun
shines. With primary markets always a sticky ground for first time players and
novices in the personal finance field, there is no better way to take advantage
of the growth story, than by investing in the New India Portfolio (NIP).
 
 
Sceptical investors,
not conversant with the direct capital market investment, should certainly not
be losing out on the opportunity for building wealth in this booming economy.
FundsIndia.com has come out with the new initiative
called NIP, a powerful set of four mutual funds, which has been built in such a
way that an investor stands to gain from the economic revival and easing rate
cut scenario. In short, NIP is the sure shot tool that is set to profit from
the power of a NEW India.
 
The expert mutual fund
research team at #FundsIndia has created NIP and has chosen the four
power-packed mutual funds after analysing hundreds of schemes so that an
investor is best positioned to take advantage of the revival story.
 
 
The proof of the
stability of the New India Portfolio scheme is the track record of having
generated 18% compounded annual returns on the investors’ money in the last
five years, compared to the 11% from the blended index during the same period.
 
 
In absolute terms, an
investment of INR 1 Lakh has more than doubled to INR 2.27 lakhs during the
last five year period as compared to the returns of INR 1.65 lakhs in blended
funds. Isn’t that amazing!
 
Who would not want to
be part of the economic reform and get their share of the pie in the growing
market? The mantra for sustained returns in the high risk-high return
predominantly equity portfolio with some amount of debt, is patience and the
willingness to hold it for long, at least for a period of five years. The only
way to achieve this is through the New India
Portfolio
which is just designed specifically for long term wealth
creation.
 
 
Creating wealth is not
difficult anymore too. The process is completely online wherein the investor
can purchase, track, and get advisory services and more without any paperwork.
 
And for the modern
generation addicted to the social media, the access to the award winning
advisory support is free and multi-channel to be accessed through phone, email,
Skype, chat and App too.
 
Disclaimer:
Mutual fund investments
are subject to market risks. Please read the scheme information and other
related documents carefully before investing. Past performance is not indicative
of future returns. Please consider your specific investment requirements before
choosing a fund, or designing a portfolio that suits your needs.

 

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