India is the top destination for remittances or transfers of money from NRIs to family or friends living in India. According to the World Bank, in 2018, NRIs sent a staggering sum of US $79 billion back to India, with the number projected to grow even further to $82 billion in 2019. Funds are primarily … Read moreBest Online Platforms to Remit Money to India
In today’s global marketplace, NRIs want to live and work outside their home countries while simultaneously maintaining a financial foothold in India. Whether to support family or in anticipation of their return, managing investments and financial accounts in India and the US requires expert guidance. With increasing regulations and scrutiny of cross-border transfers and investment … Read moreHow to Choose the Right Financial Advisor for NRIs?
The current stock market scenario reminds me of this line from Game of Thrones – “Nothing. Sometimes nothing is the hardest thing to do.” The fall in the Indian stock market over the last month has caused jitters amongst the investors. Investors are scrambling to find the right strategy to handle this fall and are … Read more“Nothing. Sometimes nothing is the hardest thing to do” – How to handle a stock market decline?
Passive funds have gained a lot of popularity, with many studies suggesting that a majority of the fund managers do not outperform the market. The two most common products that come to mind for passive investing are Index funds and more recently the ETFs. Both Index fund and ETFs try to replicate an index by holding stocks … Read moreETFs Vs Index Funds – Which is the more Cost-Effective option?
A majority of active funds have not been able to outperform the market, and this has prompted many experts to suggest a low-cost passive index investing strategy. Billions of dollars have flown into this strategy by way of investing in index funds. These funds track the performance of the underlying index, and since it is … Read moreIs There A Flipside To Passive Index Investing?
One of the biggest financial dilemmas NRIs face while living in the U.S. is whether to buy or rent a house. For many NRIs, real estate has long been considered a safe investment and a necessary part of their portfolio. But, renting a home is often considered less than ideal because it seems as though you’re … Read moreThe Million-Dollar Question for NRIs: Buy or Rent a House?
We all make mistakes. However, when it comes to personal finance, we see friends and family make the same mistakes repeatedly. From failing to make a holistic plan to relying on word of mouth to ignoring the fine print, these mistakes can cost you more than a good night’s sleep – you may actually … Read more5 Mistakes NRIs Make When Managing their Finances
As the largest gold importer in the world, India’s love affair with Gold is well known. Gold has always been embedded in Indian culture. Owning Gold is considered a status symbol. Gifting of gold jewelry or coins for weddings, birthdays or other auspicious occasions is a well-established tradition. Gold is also inherited through generations as … Read moreIs Gold a Good Long Term Investment Option?
Many NRIs live with their feet in two worlds, living the American dream while tied to India through family, assets, or business. These ties play an important part in planning your financial future and choosing amongst the best NRI investment options. If you are a US-based NRI with strong ties to India, just as you … Read moreHow to Balance Investments between the US & India for NRIs?
If you work in the U.S. and want to deploy your savings back home in India, finding the right NRI investment opportunity isn’t easy. Until about six years ago, real estate provided NRIs with high returns. Stories about how the property markets in Bangalore and Gurgaon and other Indian cities have made investors rich abound. … Read moreNRI Investment Options – Choosing Between Stocks And Real Estate