Thankfully, there are now several web sites that are there to help people like you with bad credit to find the fast personal loans that you need. When you have bad credit, the first thing that you should be looking for is a loan company that
If your financial problems have reached the point where you do not see a way out and you feel as though you are drowning in debt, your best way out is through declaring bankruptcy. Filing may well allow you to get your finances back on track
How can you protect yourself from inflation
Inflation
in India is a worrying factor as compared to the general performance
of the Indian economy. The inflation rate has spiraled to over 12%
in the past few months. The prices of everything from food grains
to apartment rentals to gas have sky-rocketed. Rising living costs
not only affect your cash flow but also erode your savings
considerably. Choose your investments carefully to protect your
investment portfolio. A good investment plan should cushion your
future consumption from price increase.
Here are
some pointers to shield you from inflationary losses.
The
first thing to do is to get ready for rising prices by cutting down
on your expenses and saving a considerable portion of your annual
income. Curtail splurging urges. Don't use your credit cards
injudiciously.
Decide
on the rate of inflation that you would base your planning on. The
Consumer Price index for Urban -Non Manual Employees which is
released every month would be a good index to base your projections
on. Do a little bit of research to get an idea of the inflationary
trend in the coming 6 months. Taking this into consideration your aim
would be to invest in instruments which yield a return higher than
the rate of inflation. Review and revise the inflation rate that you
have assumed every year.
Your
best bet would be to invest in assets which pay a variable return.
The dividends accruing to investors of equity stock rise with
inflation and respond positively. Equity stocks also afford an
opportunity for capital appreciation which could be hedged against
inflation. Opt out of speculative stocks as the risk percentage is
very high. Invest in good stocks that have a good track record and
those that will give you the maximum return in the long run. Buy and
hold stocks long term as it is a good hedge against inflation.
Another
safe option to protect you from the ravages of inflation would be to
invest in mutual funds that invest in energy and natural resources
based companies, oil and gas companies and companies dealing with
precious metals. These companies have a good track record and their
value keeps appreciating.
Real
Estate prices have appreciated like never before and in par with
inflation. So this is one investment where you can never go
wrong.
Direct
investment in precious metals like gold, silver and platinum is also
recommended as these have always been considered safe investments.
Gold has appreciated by a whopping 49% in the last one year. Gold
coins and biscuits are preferred over jewelry.
Invest
in inflation protected bonds /Capital Indexed Bonds where it is
available.
Weigh the
pros and cons of the various investments and act prudently while
taking investment decisions.--
@page { size: 21cm 29.7cm; margin: 2cm }
P { margin-bottom: 0.21cm }
-->
iTrust is the leading personal finance
portal in India providing excellent financial
planning, real estate services, and best home
loan in India.
Article Tags:
Protect Yourself From, Yourself From Inflation, Protect Yourself, Yourself From, From Inflation
How,can,you,protect,yourself,f