I know lot of people that are hesitant to use their Credit Cards online due to the fear of fraud and misuse by hackers. Few of them would like to use a Credit Card but may not have one due to the income streams applied for getting a card. Some bank such as Bank Of Baroda offers Credit Cards without fulfilling basic salary limit but then you need to have a fixed deposit with them. Apart from that they would also ask for submitting final income proof. But then I recently came to know about HDFC Bank ForexPlus Card, when I called up customer care people to know whether I could use this card as a prepaid one they said they are doubtful about it. In addition, customer care person suggested to me use HDFC Bank NetSafe, although I was aware of the service I never tried the same but this time I wanted to.

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Currently the yields offered by short term debt instruments are extremely attractive but the markets are very volatile. Short term bond funds and Income funds offer attractive returns but carry interest rate risk. Investors who wish to lock in at these high yields but do not want to take the volatility require a product suited to their needs. FMPs offered by mutual funds are the apt solution for such a need.

What is an FMP?

FMP stand for Fixed Maturity Plan. These are essentially close-ended income schemes with a fixed maturity date i.e. that run for a fixed period of time. This period could range from 1 month to as long as two years or more. Just like an income scheme, FMPs invest in fixed income instruments i.e. bonds, government securities, money market instruments etc. The tenure of these instruments depends on the tenure of the scheme.

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In the past few weeks I was wondering whether it makes sense to take a Loan from the bank and then invest that money in Fixed Deposits. Today, I asked the same as a Question in Yahoo! Answers which is a good portal to get immediate response or answers from users all over the world. And I was right I got pretty good responses in minutes. It was a mixed response some said YES and some said NO.

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Ever since the stock market crashed I began to pick stocks. Here is the my latest portfolio update. These are some quality stocks which you can consider after a careful analysis.

Portfolio rebalancing – why is it important and how you can do it

Over the course of the year, the market value of each security within your portfolio earned a different return, resulting in a change in the allocation pie. This might change the investor’s risk profile. While in the short term this may not have an adverse impact, such changes in risk profiles can have a far-reaching impact in the longer run. Portfolio rebalancing is a strategy that allows individuals to keep their risk level in check and minimize risk.

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