Nominal interest rates masking the true returns for Non-Resident Indian savers
Investing in rupee denominated fixed deposits and saving accounts continues to be one of the favored investment choices for Non-Resident Indian (NRI) savers. Advertised interest rates are often enough to make most savers heady with excitement about the potential growth of their capital.
The NRI insurance paradox – we really need it, but we really don’t want it
As NRI’s, our absolute focus on our children and their future means that our life insurance and retirement savings often takes the backseat. This is likely one of life’s profound ironies, the great insurance paradox – to protect what you truly love, life insurance is essential, but more often than not we side step it altogether.
So why do we avoid taking out life cover when we know it’s key to safeguarding our children’s future?