Friday, June 30, 2017

Why to Invest in Mutual Fund & Its Benefits

Making money creates happiness and that is an excellent incentive. From last decade, people have started thinking about they can save money for their future with proper financial planning & investment. These days with the help of Internet it has become easier to promote & get services for financial planning & do trading on stocks with the help of Investment companies.

At the start of every month, we are reminded about our expenses such as electricity bill, telephone bill, EMI's, home loan, Insurance premiums & many more. We all set reminders & track our budget to ensure that we meet the deadlines before they are due to avoid any late fees or interest charges. 
Do we ever think the same way when it comes to investing? This is an important point which I will cover in this post along with some insights on Mutual fund investments & its benefits. The agenda of this post is to bring awareness for Mutual funds & its benefit. In this post, I will explain about the Mutual Fund Day (MFD) &  Fund For A Friend (FFAF) initiative by Reliance 

What is Mutual Fund: 

In simple words "Mutual fund is an investment program usually run by an asset management company that coordinates with a group of people & invest their money in equity, stock markets, bonds & securities in order to provide maximum returns on investment."

Image result for Mutual fund day

How Mutual Fund is different & it Benefits:

Anyone who earns money through business, daily jobs & other modes can start in this instrument. Most of us expect maximum returns on our investment, which not a bad thing. Traditionally most people deposit their money in banks in form Fixed & Recurring deposits,  But are we really getting optimal ROI through such instruments? The answer is "No". Why?

This is because the current rate of interest on bank deposit which is currently at 6-7 % approximately is not enough to provide high returns on your idle money. Protection of principal for a short term is the only benefit from traditional bank deposits. When it comes to saving for your future do we really bother about withdrawing it in a short duration of time? The answer is again "No".

Now coming to the people who want to invest in the stock market but don't know anything about the way it works. They don't know which equity or stock is giving high returns and they don’t have the knowledge about the trends of the market.  Some people lose their money by speculating in the market & investing without any knowledge & end up losing their money. This is where mutual funds come in handy to rescue you from all this. A fund manager will do the job for you with the help of research team that will continuously analyse the market trends and will select suitable investments to achieve your goals.

What is Mutual Fund Day (MFD): 

Har Mahine ki tarikh saat, Kijiye Mutual Fund ke aadat se ki shuruat !

TThe MFD is an initiative by Reliance Mutual Fund to aims to reach out to the all the investors in India, to build awareness & consideration towards Mutual Fund, so as to help investors to fulfil their dreams by investing in an asset class through various Investor Awareness, Camps & Media led events Reliance Mutual Fund is connecting the dots to educate the mass of our country to inculcate the habit investing regularly.

Just like we celebrate World Environment Day, Mother’s Day & important days in our life, we should celebrate 7th of every month as an investment day #MFDaysOn7th.

What is  Fund For A Friend (FFAF):

FFAF is a quiz in form of a mobile application where you can help your friends to achieve financial goals by answering few questions regarding their nature. Based on your answers the app will find out what profile works best for him. 

Recognizing the need for financial independence we should engage more with such initiative & share the information with our family, friends & colleagues. Let me know in case you have any queries related to Mutual Funds & I will try to help as much as I can. 

Friday, June 2, 2017

House of Cards Season 5, Episode 1- Spoiler Free Review

Just like me, most of you have started watching the House of Cards from Season 1 & then forward. I must say, the whole series is an addiction up to the level where a person like me having no interest in politics got involved at a level that I never missed an episode from previous seasons.

Those who have been following previous seasons of House of Cards have good news now. The new season is back with double action revolving around the American politics with a complete package of mind blowing performances full of resentment & ambition. The show was premiered this week on May 30th on Netflix. Just a heads up for my readers that this is a non-spoilery review of Season 5- Episode 1 with few hints here & there. So don't worry, I will keep the secret just like Underwood family. 

So let's get started. This season is started from where it ended in Season 4. Episode 1 has the double dosage of political drama, wicked plotting, favor games, blackmailing, terror & dirty politics. The episode started with a message to American citizens from first lady Claire recording at a Studio. The Message consists of a request to "Watch each other".

The death of Jim Miller & trauma of his family caused a severe turbulence & terror in the neighborhood. In addition to this, the Democrats & Media are ready to set up a plot for Underwood's with corruption & other charges (Current situation of Trump with American Media is relevant with few scenes). 

Whereas, In the house, Frank requested all congressman to take a stand & vote to declare a war against ICO (Series version of ISIS) in the States & abroad. Is this Homecoming of Terror? Who launches the Terroristic Campaign: ICO or Whitehouse? Kevin Spacey as President " Frank Underwood" is back with his award winning performance & I must say this time he looks crueler than ever. His ruthless actions in this episodes will surprise you a lot, mostly at the end of this episode. (Spoiler Alert)

The Underwood family attends the funeral of Jim Millers. Claire cried at Miller funeral when her wife was giving a funeral speech, I am still not sure if she was real. You better watch & tell me in the comment section what do you think?
This scene looks dramatic & consist of various emotions including a very touchy dialogue from Jim's daughter " Melissa" whispering the same in Frank's ear when he was trying to console her. She say's " I wish you die & her (First Lady) becomes the president".(Spoiler alert for this Season). 

As the episode moves forward, One of the Jim's Killer, Joshua Matterson becomes a hot topic on social media. Why? (You will find it out when you will watch the episode). 
Claire tried to take care of the situation. She got Success? (Watch the Episode 1). 

On the Otherside, A political circus has begun. At Washington Herald, Tom Hammerschmidt's has hired a new journalist for investigating the charges on President. His revelations from previous season causing troubles at Whitehouse. Underwood insiders are worried about their reputations & career. Is this a payback time for Underwood's & his partner for old sins? Will they Fall along with UnderWood's? We will watch that in coming episodes. 

The Verdict:

Overall I love the whole episode. As this episode is Spoiler free, you need to watch it on #HOConZCafe to experience the thrill. This season of House of Cards will be the beast of this year. It will definitely capitalize on the popularity of previous seasons, but I wouldn't wonder if Kevin Spacey, Robin Wright or any other performance bags  Emmy Awards for Season 5.

You better watch it, As Frank Underwood is coming to India with the television premiere of House of Cards Season 5 on Saturday, 3rd June, 5 PM onwards, only on Zee Cafe!

Your weekends just got better with #HOConZCafe . I bet! 

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