A Cashless and Digital India? Will it get there?

No Comments

Now, 9th Nov 2016 is synonymous with demonetization and will go down in history as a bold drive by the government of India. This was also a move from the government to make the masses move towards cashless and online transactions. For people to do this, the internet would be required. Then how many people do have the Internet to join the online bandwagon? Currently, official statistics say that 28% of the population has access to the Internet. In numbers around 367 million Internet subscribers. This does not actually mean that subscriptions equal 367 million Indians as there are many with more than one connection.

With increasing competition, telecom companies are introducing lower tariff data plans. The growth in numbers of internet connections is growing a good and steady pace. Most of the connections belong to cities with villages taking a long time to adopt it. A good number is currently stuck with slower speeds. It will be a few more years before India goes truly digital.

Is Your Money Sitting Idle? Wake Up and Make It Grow

No Comments

Unsure, unaware, fearful or plain procrastination in taking the leap into equity investment will only make it slower for your wealth to meet your goals. There is nothing like the best choice or best time to invest. Investing in diversified assets will work for you in the long run. It is best to do it in small steps.

You need to invest your money to protect it against inflation and saving it without investing will give you very less. There are 4 assets worth investing in equity, debt, real estate and commodities- gold. Each asset has its own risk, return and characteristics. Before taking the plunge it is best to have financial goals. Make sure your investment is diversified across all financial assets and that it is in sync with your goals and risk tolerance.

If you are still weary then it is always a good idea to get in touch with a financial advisor and they will help you work through the maze.