Tag Archives: funds

How to fund child’s education: Take a loan or use own funds?

Keeping your accumulated savings invested and taking an education loan instead can benefit you. Photo: Alamy Any big-ticket spending requires you to either have the required funds in place or a financing option. When dealing with long-term financial goals, such as higher education of children, you have the advantage of planning much in advance. Here’s how you can go about ... Read More »

Returns in shares are higher than from mutual funds

Photo: iStock Most great investors are known to have created wealth by investing directly in shares. Their success stories are part of investment folklore. Shares are always referred as the top wealth creating asset among all assets available. The returns on direct investments in certain stocks could be huge but at the same time some shares might underperform so badly ... Read More »

Newsmaker: State fund’s CEO is all for education

While he was growing up in the township of Jouberton in Klerksdorp, North West, Lerato Nage stared poverty in the face and survived. Today, in his post as acting chief executive officer (CEO) of the National Student Financial Aid Scheme (Nsfas), he shoulders the responsibility of addressing the plight of needy students. Nage is undeterred, saying he is not about ... Read More »

Mobile-app game to raise funds for slum children

In a great noble gesture to humanity, a 17-year-old-boy from Gurgaon developed a mobile app games to raise funds to provide education for the poor children dwelling in the slum areas. The developer, Ranvijay Singh, is a commerce student of Suncity School in Gurgaon. How did Singh come up with the idea? “While travelling to the school every day, I ... Read More »

Fed funds futures: Only 1 more rate hike, in 2nd half of 2016

Traders now expect the Fed to raise rates only once this year, and not until the second half of 2016, according to Fed funds futures contract data from the CME Group. The first better-than-average chance of a rate hike is now priced in for July, according to the CME’s FedWatch tool. It had been June prior to the Fed’s statement ... Read More »

Mutual funds riskier than ETFs: BlackRock CEO Fink

BlackRock Chairman and CEO Larry Fink issued a retort Friday to critics of exchange-traded funds, making his case for why ETFs present less risk than mutual funds. “Let me talk about what ETFs did in the periods of real turmoil,” Fink told CNBC’s “Squawk Box.” He cited the performance of BlackRock’siShares iBoxx $ High Yield Corporate Bond ETF during the ... Read More »