Financial Consultant

  One of the most common myths around investing money is that you require a big fat bank account to even get started. However, in reality, the process of building a solid portfolio can be done with just a few thousand rupees.   Avaneesh Parasar   says that with a few smart moves you can invest even a small amount of money and get good returns out of it. All you need are some smart moves and a small amount to give a kickstart to your investment program. What are the four smart strategies to start? It does   not matter whether you plan on investing a little amount or a big one, in a high-risk gamble or in a safe bet, mentioned below are certain certified steps by  Avaneesh Parasar  that will help you get your plans right on track. Deal with your debts:  One of the first steps that you must keep in mind that you must analyze what it will cost you to carry any debts that you have and must also consider how rapidly you can discharge those debts. In a case w...

  Britain hiked the interest rates last week. The US Fed and European Central Bank also signaled plans to rein in the stimulus. Yet, emerging market equities may come under pressure over the next few months,   Avaneesh Parasar Emerging market liquidity is set to dial back as major central  b anks of developed economies adjust their policies to tackle the post-Covid era.The Federal Reserve, last week, announced that it would be aggressive on tapering bond purchases and announced several rate hikes in 2022.The Bank of England, on the other hand, hiked interest rates for the first time since the start of the pandemic, citing a strong labor market and the need to return inflation towards its 2% target.The European Central Bank struck a more dovish tone, further cutting its pandemic-era bond buying program but vowing to stay accommodative through 2022 and beyond.This is in contrast to the Reserve Bank of India, which decided to keep its repo and reverse repo rate unchanged at ...

 The impact of inflation is such that a movie ticket which was 250 Rupees in 2005 is now 500 Rupees. Whether it is the price of a movie ticket or a house or simply a semester in college tends to get more expensive due to inflation. Here in this blog, Avaneesh Parasar explains how inflation affects your savings and impacts your personal savings plan. What is Inflation?  Inflation happens when the average prices in the entire country go up or become more expensive. To put it simply the buying power of an individual goes down or decreases when the price of everything else goes up or becomes expensive. According to Avaneesh Parasar, the rate of inflation can swing in any direction - either go up or down, depending on the state of the economy .  How does inflation shrink your savings?  Inflation has a major impact on your overall savings. Inflation reduces the value of your savings because prices tend to go up in the future. This aspect is more noticeable when it comes ...