Tag Archives: investing

Financing an MBA is a significant worry for any MBA candidate during the GMAT prep and planning phase. For instance, MBA admission in India might cost anything from Rs 5 to 20 Lakhs - a sum large enough to make students think about and arrange their money. But money should not be a barrier to anyone getting into their ideal B-school. So, it's time to make that goal a reality through various investment choices to assist in savings for education. https://www.youtube.com/watch?v=peDFdmed0Nw Options to finance your MBA in India PPFs - The PPF is a long-term investment savings plan with a lock-in duration of 15 years, known as the maturity period. PPF accounts are a safer way to invest and receive a greater interest rate which can help to manage MBA education costs. Mutual Funds - The benefits of investing in mutual funds include that the underlying stocks/securities are adequately diversified and managed by experienced fund managers who have skills in picking them. Life Insurance Products - A term life insurance policy is the most cost-effective approach to safeguard everything and everyone in your life, even the funds you're putting down for your child's school. A life insurance policy is an unutilized tool to pay for MBA education costs. Early Start of Savings - The earlier you begin saving money, the more time earnings have to accumulate, and the more money you will have 18 years later to manage MBA academic costs. Education Loans - An MBA education loan in India is also the simplest way to cover the high cost of your MBA program. You can choose from a range of MBA education loan options. Create Goal for Child Education Why is MBA funding an important factor to consider? It is impossible to complete your MBA degree without determining how to pay your tuition and other fees that you will incur over two years of study. Even FMS's cheapest MBA program now costs about 2 lakhs. IIMs already have exorbitant fees ranging from Rs.13 lakhs to Rs.24 lakhs.  On top of that, practically all major MBA institutions have raised their MBA tuition.  If you follow a well-planned and well-thought-out process, you will not only be able to fund your MBA education at prominent colleges but also save a lot of money during your studies. Almost 80% of MBA students in India take out MBA education loans to achieve their aspiration of earning an MBA. As a result, arranging and acquiring your Education Loan for MBA/PGDM in India is just as vital as getting accepted. Before we can look at funding choices for your MBA, we need to know the fees for top MBA institutions like IIMs and other top B-schools, and then we can determine whether you need an IIM Education loan for an MBA or another B-school. Fee structure of IIMS and top MBA colleges Let's have a look at the MBA college prices. Given their exorbitant tuition, it is evident that pursuing an MBA program at IIMS or other top B-schools in India without an MBA education loan is tough. Mba college fees vary greatly depending on the type of b-school and often rise by 5-7% yearly. There are MBA institutions with high and moderate fees; however, there are also many top MBA colleges in India with inexpensive fees and good placements, such as FMS Delhi, Pumba Pune, UBS Chandigarh, and Simsree Mumbai. The current MBA fee for IIMS is between Rs 12 lakhs and Rs 23 lakhs, while the MBA fee for top PGDM b-schools such as XLRI, MDI, and SPJIMR goes between Rs 15 lakhs and Rs 23 lakhs. An MBA from most of India's top 10-20 b-schools would cost between Rs 12 lakhs and Rs 23 lakhs. Worry not if you have a limited budget for your MBA fees. MBA tuition for top colleges  The best MBA institutions in India and their cost structure are listed below: MBA colleges with fee structure Conclusion Financing an MBA is a major worry for any MBA candidate. To guarantee that the available funds do not fall short of the needed funds to manage education costs, parents should prepare ahead of time and begin saving and investing as soon as feasible. There are also several governments and commercial lenders that provide MBA education loans. TALK TO AN EXPERT

Living expenses in France for Indian students depend on the location of their residence and individual lifestyle. The cost of living in Paris is no doubt more than in Lyon or Grenoble. Similarly, if a student loves to eat in restaurants and not on campus, then their cost of living will automatically rise. The average monthly living expenses in France vary between EUR 1000 - EUR 1350 per month (nearly INR 79,960– INR 1,07,946). It is quite reasonable if you consider other countries like the USA and UK.  International students should be aware of the cost of living in the city they will be studying in. Take the help of the college cost calculator on the Edufund App to factor in the necessary costs like food, rent, traveling, health insurance, etc. to calculate the living expenses. Living expenses in France for Indian students 1. Food (average monthly cost) The cost of food depends upon an individual and whether they want to cook at home, eat on campus or at restaurants.  An overview of the food expenses based on cities is- City Cost Grenoble EUR  200 – EUR 300 (nearly INR 15,992- INR 23,988) per month.BordeauxOutside meals are EUR 0.90 – EUR 6 (nearly INR 72 - INR 479) per meal.Nantes EUR 200 (nearly INR 15,992) per month.LyonEUR  300 (nearly INR 23,988) per month.Paris Meals outside per meal EUR 9 – EUR 15 (nearly INR 719 - INR 1,199). 2. Cost of basic grocery items Food and BeveragesCostBread EUR 1.20 (nearly INR 95.9).Potatoes 1 kgEUR 1.89 (nearly INR 151.1).Apples 1 kgEUR 2.98 (nearly INR 238.2).Local cheeseEUR 7 (nearly INR 559.7).MilkEUR 1.10 (nearly INR 87.9).Eggs (12)EUR 4.29 (nearly INR 343).Boneless chicken breast 500 gmsEUR 5.29 (nearly INR 422.9).Tomatoes 1 kgEUR 2.94 (nearly INR 235). 3. Accommodation The average monthly cost of accommodation in France is based on whether the student is living in a student's hostel or private housing and in which city they are residing. The student hostel is no doubt cheaper than private housing.  An overview of the rent based on the area of stay follows- City Cost per month Grenoble EUR  200 – EUR 500 (nearly INR 15,992- INR 39,980).MontpellierEUR  335 – EUR  522 (nearly INR 26,786 - INR 41,739).Nantes EUR 250 – EUR 550 (nearly INR 19,990- INR 43,978).LyonEUR  400 – EUR  550 (nearly INR 31,984- INR 43,978).Paris EUR  300 – EUR  500 (nearly INR 23,988 - INR 39,980). 4. Transportation costs Public transport in France is well-connected and extensive. The city’s metro is easy to navigate, and the weekly tickets cost EUR 0.85 (nearly INR 67.96) plus EUR 1 (nearly INR 79.96) refundable deposit fee per trip at EUR 21 (nearly INR 1,679) per month. The public transport is pretty reliable and cheap with the bus fare being EUR 2-3 (nearly INR 159 – INR 239) return, train fare at EUR 6 (nearly INR 479) per person one-way and taxis at EUR 10 – EUR 15 (nearly INR 799 – INR 1,199) one way.  The cost per month, depending upon the area of study is CityCost Per MonthGrenobleRental Bike EUR 10 – EUR 25 (nearly INR 799 - INR 1,999).TAG transportation service EUR 10 - EUR 60 (nearly INR 799 - INR 4,797).Nantes EUR 50 (nearly INR 3,998)Lyon Public transport (bus, metro) is EUR 13.20 monthly for a 10-ticket book. (nearly INR 1,055)Travel card - EUR 32.50 (nearly INR 2,598).ParisYearly pass EUR 333.50 (nearly INR 26,666)Taxi (1 hour) – EUR 40 (nearly INR 3,198). 5. Personal Expenses Mobile phone – EUR 50 (nearly INR 1,599) per month. Entertainment – EUR 240 (nearly INR 19,190). Internet – EUR 30 (nearly INR 2,398). Magazines, stationary – EUR 80 (nearly INR 6,396). Hobbies EUR 100 (nearly INR 7,996). 6. Health Insurance Health insurance is mandatory and an integral part of the living expenses in France for international students. Although a part of it is covered by the government, students have to pay one-time or annual fees as required.  City CostsGrenobleHome insurance - EUR 40 – EUR 100 per annum (nearly INR 3,198 – INR 7,996).Healthcare visit – EUR 25 (nearly INR 1,999).NantesEUR 350 per annum (nearly INR 27,986).LyonEUR 50 one-time cost (nearly INR 3,998).ParisSocial security EUR 92 (nearly INR 7,356).Civil liability insurance – EUR 30 (nearly INR 2,398). Conclusion Quality education at top universities and affordable living expenses in France for international students makes it a desired hub to study abroad. Students should try to stick to their budget to make their stay comfortable.  The college cost calculator on EduFund is a guiding tool that gives an estimate of future expenses so that students can be mindful of the money they will need as living expenses in France.  TALK TO AN EXPERT

Long-term goals help in achieving a significant desire in the long run. From an individual’s viewpoint, the term long-term goals mean achieving outcomes in the course of their life. It relates to personal struggles, career graphs, relationships, education, health, business dealings, savings, and investing plans.  Long-term goals cannot be achieved in one year, month, week, or day. It takes years for them to bear fruit. This type of goal requires proper planning and more effort for desired outcomes. Long-term goals motivate people to believe that their hard work will pay off eventually in the long run. Types of long-term goals  1. Career goals Long-term career goals relate to an individual’s career and job goals.  For example, starting a business, developing a career-specific skill, changing careers, or getting promoted.  2. Financial goals Financial goals focus on investing and saving for the future and creating wealth. This type of goal relates to money, and from an investor’s viewpoint, long-term financial goals are the ones that last for 5 years or more.  Examples include savings and investment schemes like a child’s higher education plan for abroad and retirement plans. Common investment vehicles to achieve them are mutual funds, real estate, and equities/shares.  Investors who want to create long-term education and retirement plans can choose Edufund. The app boasts of 4000+ direct mutual funds, SIPs, US ETFs, ELSS funds, US stocks, and fractional investing. Financial experts are available at every point of the journey to guide them toward choosing suitable savings plans to achieve their long-term goals.  3. Personal Goals Personal goals are the ones that focus on the personal life of an individual.  Common examples include pursuing a hobby like writing a book, becoming a better parent, or learning a skill that will help in the future. Additional read: What are long-term goals? How to set and achieve long-term goals? 1. Proper planning The research lays the groundwork for proper planning. It helps to understand what long-term goals are of an individual and how to set and achieve them effectively.  Differentiate between wishes and goals and rely on facts and not on luck and wishful thinking. Take concrete steps, and with the help of thorough research, make a concrete plan.  Financial experts on the Edufund app can guide you in investing in the right savings plans. The app also has the necessary tools like a SIP calculator, college cost calculator, and to create personal financial plans.   2. Set goals that matter Long-term goals are for the future and require goal-setting that will prove beneficial in the long run. Set goals that will matter, for instance, a retirement plan that every person needs for later years. If the goals are vague, they will lose their meaning over the years. The loss of focus, meaning, and motivation will decrease the likelihood of achieving that goal.  3. Take concrete steps Take concrete steps if you want to achieve long-term goals. Be precise, clear, and determined in your efforts as it will help focus and improve performance.  4. Be specific Be specific and create challenging but achievable goals that are easy to pursue. Tasks that are too easy can fail to motivate, whereas which are too hard proves demotivating. Find the right balance and push yourself towards it for desired results. 5. Break them into smaller goals Break the long-term goals into small-term goals as they are easily achievable in a short duration. When you achieve a small task, you take a step forward and contribute to the overall goal. Several small steps can make the long-term goals look doable.  6. Write it down When you have a clear path, it becomes easy to reach a goal. Write the goals in a diary or a journal because writing them down gives the goal a proper meaning and converts thoughts into action. It also acts as a reminder to focus and move towards them dedicatedly. 7. Create a feedback cycle Create a feedback cycle to track your progress on all aspects and identify roadblocks, if any. It will help to adjust and change for expected outputs.  8. Keep a track Keep track of the long-term goals to identify whether the desired goals are being met. The action plan has already been mapped out in the planning phase, and this stage confirms whether the tasks have been undertaken as per the schedule.  Conclusion Focusing on long-term improvement helps to achieve emotional intelligence, self-improvement, and personal development. There is a deep sense of purpose while working on a long-term goal, which encourages an individual to keep moving forward. Consult an expert advisor to get the right plan TALK TO AN EXPERT

Short-term vs long-term savings for your child’s education is a common dilemma for parents who are trying to secure their child’s dream via quality education. Nothing is more important than a kid’s future, and education can open doors of opportunities for better personal and professional life.  Parents have to create proper education plans to deal with the rising cost of education. They have to save and invest promptly in worthy investment schemes that will yield the highest possible returns.  Which of the investment schemes is better, where should one invest, and is short-term better than long-term savings or vice-versa are important questions that need to be answered before creating an effective educational plan for your child’s higher education?  Let us identify the differences between short-term vs long-term savings based on different parameters to understand the purpose they can fulfill. Difference between short-term vs long-term savings 1. Meaning Short-term savings are used mostly to deposit excess funds for a shorter period. These are highly liquid and predictable schemes that can meet any unexpected future expenses. The long-term savings, on the other hand, cannot be easily liquified, nor can they meet any unexpected expenses.  2. Goal-based The short-term investment is created to meet immediate savings goals, whereas the long-term investment is created to meet long-term savings goals.  3. Tenure The timeframe of short-term and long-term savings plans vary as the former is for a small duration that lasts between 0 – 1 year, and the latter is for a longer duration as the investment tenure lasts for 5 years or more.  Additional read: Personal loan vs education loan 4. Risk and return expectations Every investment has some amount of risk and returns attached to it. It is the difference between the two financial instruments, short-term and long-term, that determines the amount of risk and return expectation.  Short-term investments show a lower risk for capital preservation and stable return expectation, whereas long-term investments show a higher risk incurred over a longer tenure in expectation of capital growth. 5. Purpose  The purpose of the investment matters a great deal. If you are in the later stages of the investment horizon, and it is time for withdrawal, then it is better to gradually stop long-term investment schemes and shift them to short-term savings like FDs and debt instruments. The purpose is to make the investments safe and secure, as short-term savings are considered safe compared to long-term savings schemes.  Thus, when the purpose of the scheme is principal protection, then short-term savings plans are the best option, but if the purpose is high returns, then long-term investment schemes are the better options.  Additional read: How to set financial goals? 6. Investment vehicles Investment vehicles to achieve short-term goals are savings accounts, FDs, treasury bills,  Gilt funds, and debt mutual funds. These are safe and secure vehicles with very low risk. Whereas the vehicles to achieve long-term goals are real-estate, mutual funds, ETFs, and equity/shares with high risks.  Choose from an option of 4000+ direct mutual funds and take a SIP for as low as INR 100 on the EduFun app if you are interested in saving for your child’s education. The app also offers the best US ETFs for a child’s education as well as ELSS funds that help parents in saving tax while investing in their child’s education corpus.   7. Rate of interest The interest rate for a short-term savings plan is less than that of long-term plans. A savings account offers an interest rate between 3% to 4%, whereas the rate of interest for an FD is 5% to 7%. The rate of interest for long-term schemes like mutual funds is way high as it shows an estimated return between 12% to 16%. Equity-oriented mutual funds with a holding period of more than 3 years generate nearly 15% returns.  8. Power of compounding The power of compounding makes the long-term investment yield higher returns, whereas short-term investments are unable to take advantage of the compounding power to the fullest.  9. Accessibility Short-term savings plans are easily liquified and accessible, whereas it is difficult to break the long-term schemes. Although the interest earned is small on the short-term savings plans, it can be withdrawn at any given time. The long-term savings plans, on the other hand, are more or less fixed for a definite tenure. In some cases, the investor can withdraw a part of the savings after a definite tenure but withdrawing the full amount is a bit trying.  Conclusion Short-term and Long-term savings plans are equally important to create an education corpus. It is important to note that a proper education plan must cover both short-term and long-term investment schemes. The right balance will yield some of the best possible returns to help parents to fulfill their child’s desire for a good education. Consult an expert advisor to get the right plan TALK TO AN EXPERT

Pre-university education is a widespread option for students who have passed their tenth grade. This is because the curriculum covers a broad range of courses, allowing students to resume their studies after completing pre-university. Pre-university education, in other words, is a launching pad to higher learning qualifications or professional programs. Candidates studying for pre-university courses have various options based on their area of interest. The pre-university education system is generally classified into three major categories - Science, Commerce, and Arts. The courses in these three categories last for two years. Students can enroll for undergraduate studies at their chosen institutions after completing these two years. Characteristics of pre-university education system in India The course has a two-year length. Students who have finished the 10th grade from a recognized board can apply for pre-university enrolment. When the second year of pre-university study ends, the pre-university board administers a board test. Students must pick four significant subjects in the course they desire to pursue. The first language is usually English, and students are offered a second language option. The second Language choices given to the students include Arabic, French, German, Hindi, Kannada, Malayalam, Marathi, Sanskrit, Tamil, Telugu, and Urdu. The pre-university Education method is popular because it offers various academic combinations. Students can choose their studies based on the options the college provides. Furthermore, unlike in the 10th grade, when students must attempt all topics for the board examinations, pre-university education permits students to choose or reject subjects entirely. Students should keep in mind while choosing any courses in pre-university education that a student who chooses science at pre-university can also pursue a graduate program in commerce or arts following pre-university. On the other hand, a student who majors in business or the arts cannot pursue a scientific degree beyond the 12th grade. Recently, there has been a slight adjustment in this, with students who studied commerce in 12th grade being able to pursue specific paramedical certification courses following graduation Importance of the pre-university education system in India Pre-university education is a significant element in an individual's academic career before they enter university. Depending on their interests, goals, and financial situation, students can select a program. Their learning preferences and learning styles will also be fully developed at this point. Additionally, they can gauge a candidate's enthusiasm for academics and determination to start working right away. Students receive a taste of university life while refining their communication and interpersonal skills since colleges and universities offer pre-university courses. The university tuition fees for medical courses at government institutions are pretty low, and five-year studies may be finished for less than ten lakh rupees. However, for the same course, the tuition fee in a private college is Rs. 50 Lakh. If a student wants to pursue postgraduate studies, they should be prepared to pay an additional Rs 30 lakh to a private institute towards tuition fees. The university tuition fees for studying in the UK range from Rs 8 lakh to Rs 18 lakh. The cost of living is Rs 1.1 lakh per month in London and Rs 91,000 per month outside of London. https://www.youtube.com/watch?v=peDFdmed0Nw How to pick the appropriate pre-university education Joining a pre-university program that meets your child's needs opens the door to a happy and rewarding educational experience and, ultimately, a long-lasting career. Before enrolling in a pre-university program, students should ask themselves the following questions: Should I study at the local university or abroad? Should I get a bachelor's degree? If yes, which field should I choose? Do I meet the admission requirements for the pre-university program? What are my study skills? Should I prefer studying for exams, or should I excel in group projects and presentations? How much money do I have set aside for pre-university studies? Is there financial help or scholarships available? Create Child Education Goal with EduFund Options beyond pre-university education in India As previously said, pre-university education serves as a stepping stone to undergraduate degree programs. After the 12th grade, students have a multitude of alternatives. However, these alternatives are heavily influenced by the stream they choose in the 11th and 12th grades. Essentially, the pre-university learning system qualifies young minds for which course they should pursue at the undergrad level. After the 12th grade, students can enroll in professional courses. Their choices after 12th grade will determine their careers. Conclusion Pre-university is simply described as the period preceding entry into university, which typically lasts one to two years. Secondary school graduates can begin their higher education journey by enrolling in a pre-university program of their choice. Most countries now have a diverse range of pre-university programs for students wishing to pursue their education. There are plenty more alternatives available today than ever before. Students can enroll in either short-term or long-term courses.With technological improvements, several courses have been established over the years, allowing individuals to uncover their hidden abilities and achieve their aspirations. The basis for specialized undergraduate courses is laid by pre-university education. Talk To An Expert

Education loans have emerged as a much-needed motivation for students who want to pursue higher studies but are constrained by financial issues. Even students who could afford their higher education on their own now opt to take out student loans. This is due to the fact that an education loan may enable you to maintain your own funds for unforeseen expenses, as well as enable you to receive tax benefits and raise your CIBIL score. What is the moratorium period for an education loan? The duration of a borrower's exemption from loan repayment is known as the moratorium period. Loans taken out for education are subject to this repayment holiday. All government bank education loan programs are required by the Reserve Bank of India to provide a moratorium or grace period on loan repayment. Like other loans, an education loan has an interest rate attached to it. This interest starts to accrue the first month after the student loan is approved. However, government banks are required to grant borrowers of education loans a repayment holiday. This indicates that during the designated moratorium time, students are not required to pay back the interest. It should be kept in mind that during this time, the interest is not waived but simply deferred. When loan repayment begins, students will have to pay this accrued interest (split equally). Despite the fact that each bank has its own terms and conditions, most financial institutions offer a moratorium period of one year after the completion of the program. How do the grace period and moratorium period differ? A grace period and a moratorium period are frequently confused in the market. It is critical to understand that a grace period is a predetermined period after payment is past due during which, the payment may be made without incurring a penalty. On the other hand, a borrower is not required to make payments during a moratorium period. What are the benefits of an education loan moratorium period? Let's examine some of the benefits of the repayment holiday. With an education loan, the student will have less financial stress while they are studying. The student can focus on their academics without having to worry about money during this grace period because the bank does not impose any penalties for non-repayment. After completing the program, individuals can focus all of their efforts on finding a career that suits them within a year of graduation without having to worry about debt payback for a year. Throughout this time without repayment, the student's credit score is unaffected. During the moratorium period, the parents, who are typically co-borrowers of student loans, are not required to make any repayments. Is there a downside to the moratorium period? The moratorium term on student loans, like every coin, has both advantages and disadvantages. As was previously noted, the interest is delayed rather than waived during this time. As a result, it basically accumulates and the student is then required to pay it back. Due to the absence of payments during this period, the loan duration may somewhat lengthen. Some financial institutions impose simple interest throughout the study period and compound interest during the moratorium period, which raises the overall amount of interest that has accrued. Despite its many benefits, the most straightforward approach to get around the moratorium periods’ drawbacks is to begin payments as soon as you can. Perhaps, even while you're still in school with the help of a part-time job. What is the moratorium period for the various Indian banks? Lenders have different moratorium periods. On the basis of the different types of lenders, we may broadly divide this period. The moratorium of various lenders is as follows: Public-sector Banks: Government banks often have a moratorium period of the course period plus six months. During this moratorium, there are no payments that students are required to make. Private-sector Banks: In private banks, the moratorium term is often the course period plus 12 months. However, throughout this moratorium time, the borrower must pay a certain sum of simple interest. After the moratorium period, installments beginning with a portion of the principal amount will be made. NBFCs: Typically, an NBFC's moratorium period is equal to the course period plus an additional 12 months. However, during this moratorium time, the borrower must pay a simple interest sum or some partial interest (determined and disclosed throughout the loan process). After the moratorium period, installments that include some of the principal amounts begin. Conclusion A moratorium period is a great way to reduce the pressure of repayment on a student while studying. It's crucial to remember that this time period does not come with interest. As a result, the interest charged on the remaining balance of an education loan will be lower the earlier a student begins loan repayment. If there is any confusion regarding these financial issues or if any information or guidance is required, our team of financial advisors is constantly available for you. Consult an expert advisor to get the right plan TALK TO AN EXPERT

Parents place a high value on their children's future prospects. They give up a lot of things to make sure their kids are happy. The most important expense that a parent of a daughter should focus on is their higher education. Since education is highly expensive, browsing for the best investment plan for girl child in India is a must and can help you make the most of your savings for your daughter! Sukanya Samriddhi Yojana Parents of a girl child are the target audience for Sukanya Samriddhi Yojana (SSY), a government-sponsored savings and investment program. The main objective of the SSY program is to encourage parents to make substantial financial commitments to a strategy for their daughters' future education and marriage. The SSY program is an essential part of the Beti Bachao, Beti Padhao project. The investment in this program is open to parents of girls under the age of ten. The SSY program investment is locked in for 21 years post account opening. However, after the account is opened, the parent is allowed to invest for a total of 15 years. Investments made in SSY accounts are eligible for tax deductions under Section 80C of the Income Tax Act of 1961. Each year, a minimum investment of ₹250 must be made, and a max investment of ₹1,50,000 may be made. SSY accounts can be opened and utilized at any location of an accredited bank or the India Post Office. Benefits and features To open and manage the SSY account on behalf of a girl under the age of 10, the girl's parents or legal guardians must be present. The account operational power will automatically transfer to the girl child once she turns 18 years old. Benefits from the account must always go to girls. For each girl kid, just one SSY account may be opened. There can be a max of two SSY accounts per family. In exceptional cases where an SSY account is formed for the first girl child and the subsequent order includes twin girls or more, they are permitted to open further SSY accounts. Any amount between ₹250 and 1.5 lakh can be invested each fiscal year. The account has a 15-year payment term. For FY 2021–22, the interest rate on the SSY account is 7.6% p.a. Get an exemption from paying income tax on the amount invested, the interest collected, and the amount due at maturity. Additional read: Investment plans in India for one year Children Mutual Funds The goal of children's mutual funds is to raise money for different life events like further education and marriage. Mutual funds that are balanced or hybrid are categorized as these funds. Children's mutual funds can only be purchased under the child’s name (minor). Mutual funds for children often have a lock-in duration of 18 years. Depending on the equity exposure, these funds are categorized as hybrid-debt oriented or hybrid-equity oriented. They are regarded as hybrid equity if the equity risk is 60% or more; otherwise, they are regarded as hybrid debt. Benefits and features On behalf of the children, parents or legal guardians may invest in this plan. Not just for girl children. The investment's profits can be utilized to pay for your children's college and weddings. Depending on the sort of fund you select, there can be a lock-in period. To earn better returns, select equity-oriented hybrid or balanced funds. To achieve more consistency and moderate returns, use debt-oriented investments. Additional read: Factors of investing Sukanya Samriddhi Yojana vs. Children Mutual Funds The table below will give you a proper comparison between SSY and children's mutual funds. FactorSukanya Samriddhi YojanaChildren Mutual FundsAccount managementUp until the girl is 18, her parents or legal guardians can manage the account; after that, she takes over management.Owners of the investment account are either parents or legal guardians.ReturnsFixed (currently at 7.6% annually)Not fixed as the market keeps fluctuatingNumber of accountsMax 2 accounts for a family that has 2 or more girl childrenNo restrictionRiskRisk-free because the plan is backed by sovereign guaranteesRisky, especially when the market is down.Lock-in period21 years after opening the accountTill the child turns 18 years of ageInvestment limit₹1,50,000 a yearNonePremature withdrawalAllowed only when the girl child turns 18 years of age3 years after the day of account opening.Maintenance costNoneExpense ratio charged yearly US Stocks US Stocks are considered one of the best investment plans for girl children in India. Suppose you want to send your daughter to study in a foreign country and start saving for it when she is young with a time period of 10 years. Considering the time period you have and the appreciating value of the dollar against the rupee, you will not only be able to build a healthy corpus by investing in US dollars. But you will also gain better purchasing power because your returns will be in dollars. US stocks are one of the most underexplored investment plans for the girl children in India and can be a great tool to save up money for goals like higher education which is becoming expensive every day! Conclusion It is always a good idea to plan ahead, especially when it comes to your children's future. Consider your risk tolerance and goals before choosing between the SSY and children's mutual funds. Children's mutual funds are recommended if you are willing to take some risk; if not, investing in SSY makes more sense. You can invest in one or all of the best investment plans for girls in India! Whether you pick mutual funds, SSY, or US dollars, make sure to make the most of your savings and build an education fund for your child that can help them achieve their dreams. Consult an expert advisor to get the right plan TALK TO AN EXPERT

It's crucial to raise children and make plans for their future. However, it may be difficult to balance a family's requirements and aspirations with considerations like savings, pensions, and budget. In this blog, we will address the financial mistakes you are making as a parent. 1. Not tracking finances It is challenging to set aside money at the end of each month due to the escalating costs. However, surviving paycheck to paycheck is a bad idea and might lead to debt. Drawing up a budget and keeping track of income and spending at the end of each month is the best course of action for young families. Apps may help you analyze and restructure your family budget so you can cut out wasteful spending.  Your children should be taught that spending what is left over after saving is more essential than saving what is left over after spending. 2. Not building a safety net For new parents, creating an emergency fund must be a top financial priority. You must plan ahead to create a financial safety net in case of job loss, a medical emergency, house repairs, or a family disaster. Depending on the number of income earners, save enough money to meet your costs for three to six months.  Investing in a savings and investments plan, which provides several opportunities for financial growth, is an excellent method to protect your family. You may speak with our specialists at  EduFund if you're unsure about where or how to invest. Install the EduFund app on your device to book a free consultation call with the experts. 3. Not saving for your child's education The worst parenting blunder would be being unable to support your child's education. No matter how young your child is, it is always preferable to begin saving for their education as soon as possible.  Saving for their future will snowball the longer you put it off. Additionally, the high levels of non-performing assets serve as the primary explanation for the collapse (NPAs). Therefore, it is suggested that you begin saving for your child's higher education as soon as your child is born in order to avoid any last-minute trouble. 4. Not teaching your children about money As vital as educating your kids to read and write is to teach them financial literacy. Parents who don't invest time in their kids' financial education might suffer serious repercussions on the road. By regularly talking to your kids about money, you may prevent them from making this money error. You can begin by demonstrating how to establish a budget for them and letting them make a monthly budget on their own. This will assist them in learning how to save money and achieve their financial objectives. 5. Not having a retirement plan All parents frequently engage in this behavior, and practically all parents in India are no exception. All of your material decisions, especially those involving money, revolve around your children as soon as they enter your life.  However, it would be beneficial if you kept in mind to save money for the future. Retirement savings issues may arise if you don't start saving now. It is not a good idea to rely on your children to support you as you age since it may put an additional financial strain on them.  Therefore, it is advised to begin setting aside money in a retirement or pension plan at a young age that will enable you to maintain your financial independence after retirement. In addition to this, contributing money to a retirement plan enables you to accumulate a corpus and protect your finances from unanticipated financial hazards. 6. Using your kids as an excuse for lifestyle inflation Children should not be a justification for living a lavish lifestyle. Some parents may use having children as a justification to rent or purchase a home that they are unable to afford comfortably. Even if there are more affordable options available, some parents may still decide to enroll their kids in pricey private schools in the belief that they would receive a better education.  There is absolutely nothing wrong with wanting to provide your kids with the greatest education and upbringing possible. The issue arises when you spend more than you can afford to, leaving you with little left over to save and invest for the future or retirement. Many parents make common financial blunders, maybe out of a desire to give their children the best possible living. It's quite simple to commit all or some of the financial blunders listed above when being a parent, trying to balance paying the bills, providing for your family, saving money, and investing. The good news is that you can fix these mistakes and go forward in life with better and more stable financial foundations.  Consult an expert advisor to get the right plan TALK TO AN EXPERT

If you want to invest in the US stock market to benefit from US stocks, you may start by opening an international trading account in India. But before investing in US equities, here are the 5 important things to know before investing in US stocks. 1. Regulatory framework One of the oldest, most effective, transparent, and well-regulated stock markets in the world is the one in the United States. On US stock markets are listed some of the largest businesses in terms of market capitalization, sales, and profitability. The worldwide exposure and flavor that US markets offer are crucial since many of these listed firms have a significant global presence, scale, and operational structure. The regulatory body that monitors the operation of the US stock markets is the Securities and Exchange Commission (SEC), which was founded in 1934. It guarantees the strict application of laws and rules that establish the highest standards of openness and integrity—essential for stock markets as well as for the safety and trust of investors. 2. Impact of Foreign Exchange  The volatility in the value of the US and other currencies should be taken into account while investing in US equities. This is because before any gain (or loss) for an Indian investment is realized, it would be converted using the appropriate exchange rate in the Indian rupee. The gains (or losses) will fluctuate in lockstep with changes in the exchange rate. An Indian investor must be aware that the exchange rate can be unpredictable and is influenced by a wide range of political, economic, and supply and demand variables. 3. Liberalized Remittance Scheme According to the Reserve Bank of India's Liberalized Remittance Scheme, an individual may invest up to $ 250000 per year in US equities from India (LRS). The cap covers any money sent abroad for purchases, travel, education, or other international transactions during the year. The investor's brokerage account has to be filled before making any investments in US equities. Investors must complete Form A-2, which is available from RBI-authorized dealers. Any sum over the $250000 cap requires RBI approval. Additional read: US stocks for investing in child education 4. Taxation To make your efforts worthwhile, it is crucial to take into account the tax consequences of your international assets. Due to the Double Tax Avoidance Agreement (DTAA) between the US and India, the same income cannot be taxed twice on investments made in the US stock market. 5. Dividend tax The dividends from US stocks are taxed at a fixed rate of 30% for overseas investors. However, as a result of the tax agreement between the US and India, citizens of India pay a 25% tax rate (deducted before distribution). However, because of the double tax avoidance agreement between the US and India, the tax paid in the US may be claimed as a foreign tax credit in your domestic filing. 6. Capital gains tax Your assets in the US are not subject to capital gains tax. However, India requires you to pay tax on your overseas capital gains. This may be divided into two groups.: Long-term capital gain (LTCG)If you keep the equities for more than 24 months before realizing capital gains, you will be subject to indexation advantages and a 20% tax rate in addition to any relevant fees and other surcharges. Short-term capital gain (STCG)Standard income-tax regulations apply to any gains from assets held for less than 24 months, and they are added to your ordinary taxable income. You must also take into account the recently implemented Tax Credited at Source or TCS. Under the new regulations, a 5% TCS will be applied to all international transfers over INR 7 Lakhs in a fiscal year. It is not an additional expenditure to deduct this advance tax when submitting your taxes each year. Charges on US stock-broking account  Using an Indian stock brokerage account to invest in the US stock market is prohibited. You would need to create one with a US stock brokerage company instead. To provide this service, the majority of Indian stock brokers who allow you to invest in US equities typically collaborate with a US stockbroker. You would also be required to pay certain fees for a US stock broking account, just like you would for an Indian trading account. This is something you should also take into consideration when you buy US stocks because these fees can reduce your earnings. These fees include Annual Maintenance Costs, brokerage charges, bank charges, transaction charges, and more. Invest in the US stocks with EduFund  Download the EduFund app and create an account to start investing in US stocks. With zero charges and no hassle account opening process from the comfort of your home, you can start investing in FAANG stocks in your portfolio to geographically diversify your portfolio!! Thus, investing in US firms and equities may give investors access to the worldwide market, credibility, and an opportunity to increase their wealth. Consult an expert advisor to get the right plan TALK TO AN EXPERT

Investing and saving is crucial for self-employed parents as they need to be vigilant in their efforts to provide a secure financial cushion for their children. A self-employed individual is self-dependent and thus responsible for the well-being of their business.  Whatever the economic health of self-employed parents, they need to create a continuous culture of investing in the right assets for future financial stability and growth.  There are several investment options for self-employed parents that will ensure desired wealth creation and keep their financial health safe and sound. Both short-term and long-term investments are important as the former will help in asset creation or a child’s education in the early years and the latter in post-retirement or higher education of children.  Investment options for self-employed 1. Fixed deposits Fixed deposits are good investment options offered by banks, NBFCs, and post offices at minimum risk.  A fixed sum is deposited as a one-time investment for a fixed tenure at a fixed interest rate. The banks are offering a current interest rate between 5% to 7.5%.  Investors can choose a normal FD which is taxable or a tax-saving fixed deposit, which saves taxes up to 1.5 lakhs under Section 80C of the Income Tax Act 1961.  2. Mutual funds Mutual funds are one of the best investment options for self-employed parents as they are structured and professionally managed. The investor does not have to spend time on research. Instead, several investors pool their money, and the fund manager reinvests this amount in several instruments like debt, equity or liquid assets, etc. The investor has the option of investing a lump sum amount in mutual funds or starting a SIP (systematic investment plan) if they want to opt for periodic investments.  A trustworthy app like Edufund gives access to 4000+ direct mutual funds to investors. The associated financial experts, with the help of a SIP calculator and scientific fund tracker, suggest the best funds and ensure better returns in the safest possible environment. It is also possible to invest in international mutual funds through the app and receive returns in dollars.  3. Real estate Real estate is a good investment option as the value is bound to increase and yield a good return with time. Purchase the factory or office space that you are using instead of renting because it is feasible to pay EMI rather than the rent. The self-employed individual can use the property to raise capital or for mortgages when needed. The aim of investing in real estate should not just be buying property instead getting a resale value if required. Additional read: Investment strategies in Volatile market 4. Government schemes The Government of India offers safe investment options with fixed returns under some of the government schemes.  PPF – PPF or the Personal Provident Fund, is a saving scheme where the investor invests annually or monthly for 15 years. It offers fixed returns and tax benefits to the investor. PMJJBY –Pradhan Mantri Jeevan Jyoti Bima Yojana is a life insurance scheme available to investors at a low cost. NPS – The National Pension Scheme is a safe and secure post-office scheme where investors deposit a fixed amount for a fixed interval.  Sovereign gold bond schemes – This government scheme is both a safe and high earner where the investor can invest in gold without owning the gold personally.  5. Shares and equities Shares and equities are investment options for self-employed parents who are ready to take a substantial risk with their investments. It is advisable to be careful in investments and take risks only on a predetermined permissible amount. Choose the shares and equities that will yield safe and highest possible returns.  6. US stocks and ETFs Self-employed parents can invest in US stocks and ETFs from India to create wealth. The Edufund App is a reliable means to create wealth because it allows investors to choose from 1400+ US ETFs and become a part of global companies like Google, Netflix, Apple, and Amazon. The simple and transparent app also helps in fractional investing, where investors can buy top shares that will yield a higher percentage of returns in dollars at zero brokerage.  7. Commodities Commodities in financial terms refer to oil, gas, silver, gold, grains, etc. investors interested in commodities have to invest in a futuristic price of the product. As the commodity market is inversely related to the stock market, it is often used by investors as a hedge against inflation and also against stock market risk.  Conclusion Choosing the right investment options for self-employed parents at the right age is a necessity as they do not have the luxury of a pension to manage expenses during later years. A well-defined financial plan and a diversified portfolio will prove a blessing as it provides significant accessibility and flexibility to tap into the savings when needed. Consult an expert advisor to get the right plan TALK TO AN EXPERT

“What is goal-based savings” is a common query of an investor exploring different ways of creating a well-planned financial strategy. Goal-based savings refer to a savings plan that is exclusively created to fulfill a specific goal. These goals can have either long-term, mid-term, or short-term tenure.  Developing the habit of goal-based savings will help the investor focus on setting and fulfilling financial targets successfully. It is an effective way of being smart about a target, pushing yourself towards that end goal through saving and investing, and ultimately making your financial dreams come true.  Goal-based savings can be anything from buying a house to purchasing a laptop or as simple as investing in an SIP every month through systematic and concentrated efforts.  With the Edufund App, you can set up goal-based savings for almost anything you desire because ours is a safe and secure investing platform that provides hassle-free and transparent savings options to fulfill the dream of every single investor. Types of goals in goal-based savings The goals in goal-based savings are based on their savings tenure and their value. The strategies involved in fulfilling them are quite different. 1. Long-Term Goals Long-term goal-based savings refer to a savings plan that lasts for at least five or more years. These are the end goals of an investment and savings journey. If an investor starts early, they can accumulate a substantial amount for their future with small savings. Investment vehicles to achieve long-term goals are real estate, mutual funds, and equity/shares.  Examples are retirement plans and saving for a child’s higher education. 2. Mid-Term Goals Mid-term goals are savings plan that lasts for more than two years and less than five years. Investors find it expensive and difficult to save for these goals because the results hover between immediate and long-term.  Mid-term goals can be achieved by proper planning. Investment vehicles to achieve mid-term goals are debt funds, fixed deposits, and gold investments.  Examples are car loans and down payments for buying a house. 3. Short-Term Goals Short-term goals are savings plan that lasts for less than two years. These are repetitive, require disciplined efforts, and are meant for the immediate future. Investment vehicles to achieve short-term goals are savings accounts, FDs, and debt mutual funds.   Examples – Vacation, jewelry, school fees, a new laptop.  With the Edufund app, you can choose any of these goal-based savings as the app has 4000+ mutual funds, digital gold investments, ELSS, ETFs, and US stocks. You can choose the appropriate investment vehicle to achieve your goal. It is a one-stop app to fulfill your aspirations for goal-based savings.  Additional read: Education inflation rate in India How do achieve goal-based savings? Step 1: Set SMART goals The first step towards investing, saving, or wealth creation is identifying and setting up a need-based specific goal that will help the investor to move forward and work towards achieving it.  Set SMART goals that are specific, measurable, achievable, realistic, and time-bound.  Step 2: Break it into achievable goals Be specific while making your financial goals and ask yourself what goal-based savings is and fit them in one of these categories- long-term, mid-term, or short-term. Remember, every goal has its own time horizon and demands discipline from the investor. When the goals are vague, then it becomes difficult to focus on your approach; hence break down the bigger picture and convert it into small, measurable, and achievable goals. Step 3: Make a budget The investor has to know about their spending so that they can create a financial plan accordingly. Calculate your monthly payments and expenses to get a picture of how much money is left with you. Determine the portion you want to use for savings. Create a budget and put aside the amount regularly, which will help you start investing.  Step 4: Invest wisely Decide on an investment plan and vehicle according to your investment capability, and invest wisely if you want to continue with it for the whole tenure. There are numerous investment schemes in the market, and it might create confusion. Take the help of reputed financial advisors like the ones at the Edufund app to know about investment opportunities in detail.  Step 5: Review and make periodic adjustments Review and readjust the investments periodically to realign them with the current goals. Keep asking yourself if you have invested and saved as per your specific needs. Goals change with time, and it is vital to make corrections along the way for a better financial future.   Conclusion The desire for goal-based savings and investing helps an investor create a solid financial foundation that will lead to stability and financial wealth. EduFund app offers numerous options through its different investment vehicles to achieve goal-based savings effectively. Consult an expert advisor to get the right plan TALK TO AN EXPERT

What makes a good investment option? Many components could affect your investment decision, like liquidity, size of the investment, goal of investment, the horizon of investment, etc. Top 10 investment ideas for child education 1. Direct stock investment Passive investing may not be everyone's fit, as it is a risky type of asset with no certainty of profit. In addition, it is not only tricky to select the appropriate stock but also difficult to time your entry and exit. The only bright spot is that stocks have been able to outperform all other asset classes in terms of asset price returns for a long time. 2. Equity mutual funds Equity investors primarily invest in stocks. An equity mutual fund scheme should invest a minimum of 65% of its assets in equities and equity derivatives as per the Securities and Exchange Act of India (Sebi) Mutual Fund Rules. An investment company can be controlled directly or indirectly. 3. Debt mutual funds Debt mutual funds are suitable for low-risk or risk-averse investors. Bond/Debt funds generally invest in fixed-income asset classes such as government bonds, corporate debt, treasury bills (T-bills), as well as other alternative investments. The returns are easy to predict, and the investment does not face much volatility. 4. National pension scheme (NPS) The Pension Capital Market Development Authority administers the National Pension Scheme (NPS) and Long Term Investment Program for Pensioners (PFRDA). The annual payment required to keep the NPS Tier-1 fund active has been reduced from Rs 6,000 to Rs 1,000. It consists of a combination of stocks, certificates of deposit, debt securities, liquid money, and public money, among others. You can decide on how much risk you want to factor into your risk tolerance overall. 5. Public Provident Fund (PPF) Since PPFs have a maturity of 15 years, the effect of compounding tax-free interest is significant, especially in later years. In addition, since a state guarantee secures the returns and investing money, it is a safe investment. It is worth recalling that the government reviews the interest rate on the PPF every quarter. Additional read: Mutual funds for child education 6. Fixed Deposits with the bank (FDs) In India, a fixed deposit (FD) account is considered a better investment option than an equity or mutual fund. Effective February 4, 2020, every depositor in the bank is covered up to a total of 5 lakh rupees for both principal and interest as per the guidelines of the Bank Protection and Credit Guarantee Corporation (DICGC). 7. Senior citizens savings plan (SCSS) Senior Citizens' Saving Scheme (SCSS) is a government-backed pension scheme. Senior citizens resident in India can invest a lump sum in the scheme, individually or jointly, and access regular income along with tax benefits. Any person over 60 can apply for SCSS through a postal or commercial bank. SCSS has 5 periods which can be extended for another 3 years if the program develops. The total capital limit is Rs 15 lakh, and many accounts can be opened. SCSS money is taxed and billed on a fixed schedule. It should be mentioned that the property interest rate is subject to frequent reviews and adjustments. Additional read: Best sip plans for child education 8. Pradhan Mantri Vaya Vandana Yo PMVVY is a program for older adults age 65 and over that guarantees a 7.4% annual return. The scheme provides pension contributions which can usually be paid monthly, quarterly, or annually depending on the option chosen. The lowest pension payment is Rs 1000 per month, and the highest retirement payment is Rs 9250 every month. The plan allows a total investment of 15 lakhs. The program is valid for 10 years. The validity of program is valid until March 31, 2023. The invested amount will be returned to the elderly person when he becomes elderly. The amount will be issued to the applicant in the event of the death of the senior citizen. 9. Real Estate The place you live in is for personal use and would never be considered a business. If you don't really plan to live there, the family property you are buying can serve as an investment. The location is one of the most critical aspects in determining the value of a home, along with the rental income it can generate. Real estate investments provide profits in 2 directions: holding value and rental income. Besides, real estate investments are costly compared to other investment vehicles. Another significant risk is obtaining adequate regulatory approvals, which has largely been resolved since the arrival of the Real Estate Investment Authority. 10. Gold investment Owning gold in ornaments creates its own problems, including increased efficiency and lower costs. Then there are "production fees", which typically range from 6% to 14% of the gold price. People who want to get digital gold still have a better choice as these charges are not applicable to digital gold. Conclusion There are numerous investment options are available in the financial world. But which one suits your profile is the question. The equity mutual fund scheme as an asset class has outperformed all the other classes and if you want to invest in digital gold or mutual funds, but do not have any idea, how to choose the fund. Then, you can schedule a call with the EduFund advisory team. Consult an expert advisor to get the right plan TALK TO AN EXPERT

Parents responsible for arranging the necessary funds to provide higher education to their children are constantly on the lookout for new investment opportunities. It is important to add some of the best US stocks to your portfolio as they are profitable and have the proficiency for higher returns.  The top US stocks can prove to be big-time winners. The companies have shown themselves as capable and adaptable entities even during disruptions like Covid-19 and adverse market and economic conditions. They boast solid track records, strong fundamentals, high potential, and great profit returns. Best US stocks for Investing in 2022 1. Amazon With annual revenues and net income of $121.234 billion and $11.607 billion respectively for the year ending 30th June 2022, Amazon (AMZN) is one of the best US stocks in the world.  The multinational company formed by Jeff Bezos has its fingers in several industries like cloud computing, e-commerce, artificial intelligence, and digital streaming.  2. Microsoft Corporation Founded by Bill Gates and Paul Allen, Microsoft (MSFT) is associated with the information technology industry. The public company traded on Nasdaq has several subsidiaries to its name like GitHub, LinkedIn, and Skype.  The $2.38 trillion market cap company boasts annual revenues and net income of $198.270 billion and $72.738 billion respectively for the year ending 30th June 2022. The 3-month and 1-year forecast for its stocks is at 10.300% and 27.412% respectively.  3. Alphabet Inc.  The holding company Alphabet Inc. (GOOG) is a technology conglomerate with revenues and net income of $278.139 billion and $72.016 billion respectively for the year ending 30th June 2022. Product lines include YouTube, Google Ventures, Google Search, Android Etc.  With a market capitalization in trillions, it is one of the best US stocks to buy because of sure and safe returns.  4. Apple Inc  Apple (AAPL) is a multinational tech company with innovative products (Apple Watch, Mac, iPhone) and services (Apple Music, iCloud, App Store) in its portfolio. As of June 2022, it is the biggest company in the world in terms of market capitalization which crossed $3 trillion.  Apple registered its revenues and net income of $387.542 billion and $99.633 billion respectively for the year ending 30th June 2022. The 3-month and 1-year forecast for its stocks are at 12.907% and 32.407% respectively. 5. Nvidia Corp Nvidia (NVDA), a software and fabless company is a global leader in software, hardware, and artificial intelligence. It recorded revenues of $26.91 billion for the fiscal year 2021-22. The 3-month and 1-year forecast for its stocks are at 39.858% and 65.733% respectively.  The public company is listed in the NASDAQ 100 and pays dividends four times every year. As cloud computing is in high demand across various industries the growth potential for higher returns is extremely positive.  6. Tesla Inc.  Tesla Inc. (TSLA), a public company traded on NASDAQ is associated with the designing and manufacturing of sustainable energy ecosystems and all-electric vehicles. The company crossed the market cap of $1 trillion in October 2021 and shows a remarkable trend of higher upward movement.  Tesla registered its revenues and net income of $67.166 billion and $9.516 billion respectively for the year ending 30th June 2022. The 3-month and 1-year forecast for its stocks are at 20.403% and 47.215% respectively. 7. Mastercard Mastercard (MA), listed in the S&P 500 Index and traded as Class A on the New York Stock Exchange, is associated with financial services. The multinational corporation registered its revenues and net income of $20.865 billion and $9.699 billion respectively for the year ending 30th June 2022. Mastercard offers its services to 210 countries all over the world (except Russia) through its debit, credit, and prepaid cards.  The company is known to process an estimated 3.6 trillion transactions every year. Mastercard is a favorite of investors as it has a dividend yield of 0.47% and distributes them consistently to loyal stockholders every quarter of every year.  If you are wondering where to buy the best US stocks then always choose a secured platform or credible investment counselors.  The wealth experts on the Edufund App offer solid recommendations to parents about the best US stocks to buy and fund their child’s higher education. They provide the opportunity for fractional investing as well as to own a piece of a global US company through transparent and secure means.  Investing across borders to create wealth for your child’s higher education is easy with no hidden charges, no commission, or brokerage fees to disrupt your equilibrium hence sign up and start earning returns in dollars! Consult an expert advisor to get the right plan TALK TO AN EXPERT