Investrack Financial Services

Today we will discuss why you need to stop investing in bank fixed deposits. I know you are a bit shocked with this statement, but my only attempt is to give you some understanding of why banks fixed deposits are not the best financial products in these times for your long term wealth creation. There are other better alternatives today if your focus is assurity of returns, near inflation returns and convenience of investing You can either read the article, or just watch this  10 min video below  where I have share why you should avoid investing in fixed deposits. Why we create Fixed Deposits? Since our childhood, I think most of us have only heard about Fixed deposits and PPF as the investments products. We saw our parents talking about fixed deposits all the time. They broke “FD” when they needed sudden money. And FD’s become were like the default financial product for most of us and when we started earning, we just created fixed deposits because that’s all we ...

Aadhaar card is becoming the most important documents a person in India can have and it’s very critical to secure its details from hackers and those who might try to steal your data. Some months back, even  MS Dhoni’s Aadhaar data was leaked. So today we will talk on how you can lock your Aadhaar card bio-metric details and prevent others to access your data, and also how to unlock it back later. Why to unlock your Aadhaar card details? At the time of applying for Aadhaar card, you gave your photo, fingerprints and iris details (eye scan) which is called as biometric details. Now a days, every organizations like phone companies, financial organizations have come up with the concept of e-KYC, where they will just enter your 12 digit Aadhaar number into their Aadhaar-based authentication system instead of asking for all your details when you want to open any account, and it will access all your information like name, date of birth, address etc. from the Aadhaar data...

Are you a lazy investor? Do you avoid various actions in financial life which are often suggested as the “right decisions”? There are countless articles and videos these days which tells you that it’s important to have sufficient life insurance and health insurance. One should start investing very early in life so that they can create some good wealth to take care of their future. Like these, there are various things which are mostly the building blocks of a good financial life. But often investors avoid taking those decisions. The biggest reason why it happens is that we are all lazy investors who focus on NOW rather than FUTURE. If it’s not creating trouble for us right now at this moment, we keep postponing it and under estimate the trouble it can give us in long future. In short, the future trouble or problems we will face is imaginary at this moment. So today I thought I will talk about the impact of these decisions and how it can trouble you in future. Let’s start ...