Easiest Way To Appreciate Women 🤷🏻♀🤗🤑💰
Helloo you!
How have you been? I hope you’ve had a pleasant week so far, and a fun one too! And I really, really hope none of you went crazy with all the offers that were up online for Women’s Day and Holi, please say no, but tell me the truth:
What I was up to: This week has been all kinds of things for me: fun, frantic, interesting, and whatnot! With Holi and a dear friend’s birthday sandwiched together, my friends & I had a mini getaway from Mumbai with our fam.
It was partly a work-cation for me but it was ah-ma-zing in spite of that! In other news, our new podcast episode on what the “investing in the stock market” hoopla is all about! There’s a thin line between investing in the stock market and gambling and we want to try and keep you guys on the investing side of it! So listen on as we take you through what investing in the stock market is really like. Check out the entire episode here:
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Market ka haal is quite behaal honestly! It seems to be quite flat with no substantial gain and literally no clear sign of positivity, but now FDs are back in action with the interest rate hikes so that's that!
The Adani stocks are still struggling, but Tata Technologies on the other hand has filed its papers with SEBI for its IPO. Clearly, some long-standing brands are doing well, while ones that shot to fame almost instantly, aren't.
So as much as I sound like a boomer aunt for repeating myself so often, the takeaway from the market right now is to think long-term and sustainable and not to act with a trading mindset looking for quick gains.
Humara Gyaan: This year’s Women’s Day saw all of its usual: Brands running campaigns and posts on social media, offers all across the internet, bus rides for free and many other things that have become mundane. If you really want to care for and appreciate women every day, why not let some money in their name appreciate, as well? Here are a few options you can look at:
If your mom is the woman you want to appreciate, it is time to start investing money under her name if you haven’t already because there's never been a better time! The deposit limit in the Senior Citizens’ Saving Scheme (SCSS) and the Post Office Monthly Income Scheme (POMIS) has been doubled, allowing the seniors to potentially increase their income from interest by 100% if fully invested.
If there is any other little girl, feisty teen or loving woman you want to appreciate, the new Mahila Samman Savings Certificate is the way to go. It has now been launched for 2 years till March 2023 allowing women & girls to invest in a one-time savings scheme. Although the term seems quite short, it is a great opportunity to make them (or yourself) get into the habit of saving & investing (for them).
"Teach her about how money really works, and she can change the world"
- Linda Davis Taylor, CEO and chairman of Clifford Swan Investment Counselors
With another not-so-gentle reminder to start planning your taxes and investments, imma say buh-bye!
That’s it for this week, take care of yourself and everyone around you,
Sayali ❤️
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