Shriram Wealth Architecture

  A fixed deposit is an investment strategy where you can place a one-time big sum and get interest. The fixed deposit's interest rate is determined by the principal invested and the length of the investment. You will therefore receive the principal sum as well as compound interest at maturity. This is only accurate, though, if you choose a cumulative Fixed Deposit. Additionally, you have the choice of non-cumulative FDs, which pay interest on a monthly or quarterly basis. Fixed deposits are often preferred by investors because they are simple and safe. After depositing your lump cash, you continue to earn a fixed interest rate. Changes in interest rates or market swings have no impact on the returns on fixed deposits. There is no obvious risk of losing your principal, and you are guaranteed returns on your deposit. You have the option of receiving the interest either on a regular basis or at maturity. However, unless you don't mind incurring a penalty for early withdrawal

What is a Recurring Deposit? It is a tool for making recurrent monthly investments of a predetermined amount for a chosen tenure, as the word "recurring" suggests. You receive an income from the bank's addition of interest to the funds that have accrued. One of the most secure investment options is an RD. The purpose of a recurring deposit is to use your money to invest in returns that will help you reach your financial objectives. The interest rate on RDs is often determined according to the bank's guidelines or on a quarterly compounded basis. Below mentioned are the Benefits - 1. An alluring interest rate The favorable interest rate that makes recurrent deposits more profitable than traditional savings accounts is their most advantageous feature. For instance, you can earn enticing interest rates if you create an RD account with Bank. The interest rates are computed annually and compounded four times a year. 2. No penalty is imposed When monthly payments were due,

Your credit card can be used to make internet purchases, pay at physical stores, and get cash from ATMs. This money is not deducted from your savings bank account, in contrast to a debit card. Instead, your credit card company gives money to you as a loan from a set credit limit. You have up to 50 days from the transaction date to pay back this loan without incurring interest. When you use your credit card to make purchases, you can also receive rewards points, cashback, and discount coupons. The credit card company offers exciting presents and gift cards that may be redeemed for these reward points. Why it's crucial to use your credit card properly Even while using a credit card offers numerous benefits, it's crucial to use it responsibly. Credit cards may be a very effective financial instrument when used appropriately. You may improve your credit score and even handle a financial emergency without difficulty with its assistance. However, a lot of people misuse their credit c

Motives for Investing in Real Estate Real estate ownership has always been a sign of prestige, money, and authority. It considered the safest method of protecting one's money, along with gold. Many new investment choices emerged as we entered the modern era. Investors have a variety of options for storing their money, including equities, bonds, fixed deposits, mutual funds, digital currency, and crypto currency. However, out of all of them, real estate continues to be one of the safest and most advantageous routes for a long-term, successful kind of investment. Since everyone needs a place to live, real estate is a need, and investing in it helps to both solve this issue and secure the future. The purpose of this essay is to evaluate the advantages of real estate, including how and why it makes a wise investment. Value Appreciation The value of real estate always rises with time. When it comes time to sell, a wise investment might provide a sizable profit. Additionally, re