Haven’t we all been through situations when you don’t have a single penny in hand and all of a sudden your bank balance is not in single digits anymore? Be it a hike, a good business deal or a kind relative who is the reason behind this sudden influx of money, those moments certainly do make us feel good, don’t they? Being the responsible mature adult that you are (or try to be), you curb your impulses to splurge all that money and instead set it aside, untouched. But of what use is it if it just sits in your savings account earning a paltry interest that is akin to your month-end bank balance?
Post the 2009 economic crisis, investors have been on the hunt for financial avenues with higher returns and lesser tenure. Enter Alternative Finance, the new-age sibling of traditional finance and banking. The alternative finance industry has seen a boom worldwide and India too is catching up on the trend.
In the past, our parents invested in traditional financial instruments like fixed deposits, real estate, gold, insurance policies and the like. Fast-forward to the present day. You have a great job, you earn well and you’re looking to invest some money. Sure, we all know about the conventional routes of investment. But what about alternative investments, the latest buzz word in the financial world? In a nutshell, alternative investments can be defined as any form of investment that falls outside of conventional banking and stock market investment. Here we introduce you to some of the popular forms of alternative investments.
Invoice Discounting platforms work like matchmaking services for Businesses with Invoices and Investors seeking alternative financing solutions with high returns. Such platforms host a range of Investors from Individual Investors to Banks and NBFCs. Considering the fact that Indian businesses face delay of 65 days to get payments from the day of Invoicing (*according to 2016 survey of Atradius on B2B Payments in APAC), there is a burning requirement among businesses to get easy access to cash. Invoice Discounting platforms serve this purpose as the tenor for this facility generally range from 30-90 days.
Even with all the positives about the product, it is not a zero-risk investment product. While the investors earn high returns on their investments, they should always remember the investment principle that higher the return, higher the risk. This article addresses the inherent risks involved in Invoice Financing.
It’s the wedding season! If you aren’t the one getting married, I am sure you will have quite a few invites of which you will mandatorily have to attend a couple. It’s the season of weight loss planning, shopping, Travel booking & mostly a trip back to nostalgia on meeting family & friends.
Weddings, especially in India are an expensive & extensive affair. The shenanigans, fun, frolic and festivities is what makes an Indian wedding. The ‘Vows’ obviously is the foundation of any wedding but Indian weddings go much beyond and deeper. The Confluence of two families, the preparation that goes on for months, the food and its glory with the added extravaganza of lights, colors & Bollywood is what makes it absolutely worthwhile.
When we think about Diwali, we think about lights, fireworks, children playing with fire-crackers, new clothes, sweets (lots of it!) and of course the superb discounts that we see in our favorite stores.
Though the offers become more tempting during festivals, this can turn bit heavy on our pockets. To avoid this, here are few tips that will to help you save big this Diwali:
We all love to go on holidays, be it domestic or exotic locations. We see and meet people, which thrills us and develop a completely new experience altogether. While we all love to have that one dream Holiday, we fail to save enough for dream getaway and end up doing something usual.Read More »
Financial Magazines are a great source of Knowledge and information for all. If you want to stay updated on the latest happenings and developments on the financial trends and also get an insight on businesses, funds and economy in general, these magazines can be very helpful. The risks arising from investments are typically dependent on how markets and global economy in general is behaving and hence a holistic knowledge on how businesses are impacted due to global factors will help one understand how different investment options work.