Imperial Wealth Services

How a SIP works more for you than an EMI? With increasing space and time crunch in cities and suburbs, four walls and a roof for a sound sleep is what a common man yearns for. The want for having something that is yours is fairly justified. A young investor buys a home for his family and acquires a vehicle to drive around, mostly covered by a loan with an EMI (Equated Monthly Installment). But, EMIs are potentially detrimental to one's mental satisfaction. Also, there are other schemes that provide a much better rate of return than the asset acquired under an EMI. One scheme that could work in your favor, more than an EMI does, is the SIP. SIP (Systematic Investment Planning) is nothing but a specified amount that is invested in a scheme for a continuous time period, at regular intervals. Analyzing the Idea The fundamental here is clear and simple; EMI is negative compounding, while SIP is positive compounding. For starters, it is to be understood that towards the en...

Education is the most powerful weapon for a modern changing world and our children are the sparks which will ignite the positive change. Decades of insisting on children’s education and finally having an increase in the literacy rate has managed to pave way for brighter and a more innovative generation. Every metropolitan city is like a race track and every child an athlete. All they have to do is keep running, cross hurdles and manage to secure a worthy place in this world. While a child is running the race, a parent will work all their might to make this journey a comfortable one for their children. From sending them to the best schools, private institutions, paying for competitive exams, crash courses and the list is endless. While education is a basic necessity it comes for a substantial cost, best institutions are a real deal with lakhs of rupees just being spent over them.  The stress however, is a problem the parents take upon themselves. School education is n...