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What is meant by the “Rule of 72”?

Thumbnail image for What is meant by the “Rule of 72”? by Divesh Singhvi May 19, 2012

The “Rule of 72” may be a simple source to actuate the accurate or assumed time taken when an investment will yield double, accustomed with a standard annual interest rate. Investors can get an approximate calculation of years in which an investment will yield double by simply dividing 72 by the annual interest rate. Assume [...]

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Guidelines To Measure The Performance Of Equity Mutual Funds

Thumbnail image for Guidelines To Measure The Performance Of Equity Mutual Funds by Divesh Singhvi May 18, 2012

Here in this article, I will present to you the ways and guidelines in order to measure the performance of equity mutual funds most especially if you are an investor.  Here then are the practical measure to know the performance of your equity mutual funds: Foremost, check the profile of the company that has the [...]

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The difference between the Value Added Tax and the sales tax

Thumbnail image for The difference between the Value Added Tax and the sales tax by Divesh Singhvi May 18, 2012

Also known as the “Goods and Service Tax”, Value Added Tax is totally different from sales tax charged on exchanges. Value Added Tax is a sort of indirect tax that is charged on goods and services at different production levels. This tax is also applied to import goods with a similar rate of local production. [...]

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SBI Ezee Scheme For Car Loans

Thumbnail image for SBI Ezee Scheme For Car Loans by Divesh Singhvi July 28, 2010

Do you have a car of your own?  Are you still commuting because of the high car amortization? Well don’t worry there is now an easy and a more affordable way of getting your car.  It is through the SBI Ezee scheme for car loans. For the millions of Indians who dream of buying a [...]

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What is Penny Stock

Thumbnail image for What is Penny Stock by Shakti Singh Dulawat July 24, 2010

In relation to your ULIP plan, one thing that you must understand is how the system operates.  Among others, you must therefore be familiar with business and technical terms such as the penny stock.  What is penny stock? Penny stock is defined asa stock that trades at a relatively low price and market capitalization, usually [...]

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Credit Card Reward Point, Definition and Advantages

Credit Card Reward Points by Shakti Singh Dulawat June 30, 2010

A Rewards Credit Card usually means a credit card which gives you a cash back, rebate, or reward points which the card owner may use in buying certain services and goods by using the reward they get from their credit cards.  Card holders can easily, even without them knowing it sometimes, earn rewards points from [...]

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