Investing your money? Four avenues to multiply your corpus

As growth-oriented investments, mutual funds are always subject to market risks, which may directly impact your investment amount.

Most people get rich by making sound investments that yield substantial returns. Here are some investment avenues that you can opt for, if you want to multiply your finances.

Fixed deposits
For investors seeking stability of returns and safe earnings – without being affected by market fluctuations, fixed deposits are the most preferred investment option. When investing in fixed deposits, you invest a lump sum amount for a specified time period. Over this time, the interest accumulates, and you can either choose to gain your interest at maturity or go for periodic pay-outs instead.
While both banks and companies offer fixed deposits, you may get higher interest rates when investing in company FDs, which offer higher returns. However, it is important to invest in a company with high safety ratings, as there may be risks involving loss of capital or delays.

Recurring deposit

A recurring deposit scheme is similar to that of a fixed deposit, with a few key differences. A recurring deposit mandates investment of a specific amount every month, as opposed to an initial lump sum amount. Again, recurring deposits provide comparatively lower returns, as compared to fixed deposits. This is because unlike the case of a fixed deposit where the interest is accrued on the entire amount over time, recurring deposits have interest calculated for each subsequent instalment. Ultimately, the level of income generated would be lower than that of a fixed deposit.

Mutual funds

As growth-oriented investments, mutual funds are always subject to market risks, which may directly impact your investment amount. While it’s possible for you to attain decent returns on your investment, the chances of your investment going down due to unfavourable financial conditions are always there.

A systematic investment plan (SIP) is a form of mutual funds, albeit with monthly investments as opposed to a lump sum amount. SIPs share the same drawbacks as recurring deposits and mutual funds – along with being unstable in terms of returns, the overall income will also be lower, as compared to if you choose to go for the usual system of mutual funds.

Stocks

Companies that go public enable people to invest in their shares to obtain a profit. On paper, this might seem like a good deal, but company stocks have a higher level of risk. Your investment can take a turn for the worse if you are unable to analyse the stock market properly.
Every individual wants to select a viable investment avenue that will help them make the most of their current income or savings. These four sources of investment will help you expedite your decision-making process and figure out the best course of action that can be taken to maximise your return on investment.

[“source=financialexpress”]

Why California is investing over $200 million in vocational education

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More Americans are going to college than ever before. The most recent census found that 33.4 percent of adults over the age of 24 have earned a bachelor’s degree or more. Kurt Bauman, Chief of the Education and Social Stratification Branch for the U.S. Census describes this as, “a significant milestone” for the country.

For many, however, higher education remains a privilege that is financially inaccessible. One way students can invest in their futures without investing in a bachelor’s degree is through vocational education. By enrolling in vocational education programs, students can earn degrees in high-demand fields like nursing, business and engineering which can lead to high-paying jobs. Still, many students believe that a bachelor’s degree is the only path to success.

In order to change this, the state of California is spending $200 million to encourage more students to earn a vocational certificate instead of a bachelor’s degree.

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Hill Street Studios | Getty Images

The U.S. Government defines vocational education as, “organized educational programs offering a sequence of courses which are directly related to the preparation of individuals in paid or unpaid employment in current or emerging occupations requiring other than a baccalaureate or advanced degree.”

These programs, offered by community colleges across the country, are by definition designed to help students find employment. Reports from the U.S. Department of Education indicate that people with vocational education have slightly higher rates of employment than those with academic credentials. According to the Georgetown University Center on Education and the Workforce, there are over 30 million jobs that pay an average of $55,000 a year and do not require a bachelor’s degree. The healthcare industry alone is creating millions of high-paying jobs that don’t require students to study for four years.

Despite the benefits of vocational education, it has yet to appeal to American students on a broad scale. According to the National Center for Education Statistics, only 8 percent of undergraduates are enrolled in a vocational certificate program. Derrick Roberson, 17, tells PBS, “All throughout high school, they made it sound like going to college was our only option.” Today, Roberson is training to be an electrician.

In many regions, vocational programs have even declined in popularity. For instance, in 2000, 31 percent of community college students in California took vocational courses. Today, only 28 percent of students take these courses.

Experts believe that students hesitate to enter vocational training programs in part because of fears that industries like manufacturing will replace workers with robots. Business consultant Sam Geil told PBS, “It doesn’t help when industry is moving out and laying people off.”

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Hill Street Studios | Getty Images

Despite these fears, California is investing over $200 million in vocational education. Today, California Community Colleges is the largest provider of workforce training in the country. The state hopes to use the money to improve the reputation of vocational education and deliver it more effectively.

The New York Times points out that this kind of investment from the government helps corporations cut costs: “They want schools and, by extension, the government to take on more of the costs of training workers that used to be covered by companies as part of on-the-job employee development.” In other countries like Germany, companies are heavily involved in training workers.

Still, Andrew Hanson, a senior research analyst with Georgetown University’s Center on Education and the Workforce told Matt Krupnick, “Efforts like California’s to broaden the appeal are exactly what we need.”

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[“Source-cnbc”]

Wipro investing in tech to help Fortune 500 cos exploit, monetise data: CEO

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Data is going to be the currency of the future and the company has invested heavily in it, Wipro CEO Abidali Neemuchwala has said.

“We are seeing a significant ability to transform customers in the data space, and we feel very upbeat about this because as you rightly said data is going to be the currency of the future and we are very heavily invested in this area,” he told PTI here.


When asked if Wipro had engaged start-ups to monetise data, which will create jobs and automatically check layoffs, he said, “The company has made strategic investments in about 12 startups and some kind of strategic alliance with another 20-22 startups, and out of them all at least 20 per cent of them are in data and data-related areas.”

Neemuchwala also said the company has invested in some very specific IPs which are internal company IPs, and also bagged a very significant deal with a customer couple of quarters back.

“They are in data business and we are using Wipro technology to help them support Chief Marketing Officers of Fortune 500 companies to utilise their data better and monetise their data better… So, we have leadership position in our analytic practice and our significant part of revenues comes from there.. We are seeing a significant ability to transform customers in data space,” he said.

Wipro President and Chief Operating Officer B M Bhanu Murthy said Wipro’s analytical business has grown significantly well this quarter.

To a query on the size of investment in data, Bhanu said the company’s investment in big data has been on a day-to-day discovery platform (DDP) which has gained significant traction in the last two quarters.

Bhanu further said the company is able to leverage DDP with a couple of its investments to help a lot of organisations mine huge data they collect and big data available externally, and hence it is seeing good traction and its investments are paying off through analytical.

[Source:-Businessstandard]

Sarah Mason: Saltire Society investing in creative Scots

Piece from the Alasdair Gray exhibiton at the Saltire Society.

Piece from the Alasdair Gray exhibiton at the Saltire Society.

One of the Saltire Society’s essential commitments is to celebrate Scotland’s most creative individuals, people who challenge us to think in new ways, who have different approaches, who take risks, and who don’t give up.

In April 2016, we announced a £50,000 Inspiring Scotland ­programme of funding to offer encouragement and support to the next generation of creative Scots.

As part of this, we partnered with organisations such as Janice Parker Projects, Hands up For Trad, Youth Theatre Scotland and Fèisean nan Gàidheal. Among other initiatives, the Inspiring Scotland programme helped a young piper travel to Bulgaria to explore Balkan folk music, an architect go to Denmark to study new design models for an ageing population, an emerging director work at the Traverse Theatre, and the first Scottish visual artist to attend the International Studio & Curatorial Program in New York for three months.

The Saltire Society’s support of ­creative work could hardly be wider, yet we plan to continue to expand and evolve in our 81st year. 2017 will see the Inspiring Scotland Programme develop with new partners, and find those creative areas that would ­benefit from new investment.

Our first bursary in 2017 was announced on 21 March and sees a partnership with Alasdair Gray, one of Scotland’s most iconic and inspirational creative forces. Alasdair joined us as we launched the bursary and opened an exhibition of his work, currently running at the Saltire Society until the 28 April. (Call 0131 556 1836 to arrange a viewing).

The Saltire Society has had a long relationship with Alasdair Gray, who won the Saltire Scottish Book of the Year in 1982 for his landmark book Lanark. He went on to win the Book of the Year again in 2011 for A Life in ­Pictures, one of only a handful of people to win the prestigious award twice. Alasdair also designed the ­covers for the Society’s Saltire Series of pamphlets, in which writers spark fresh thinking, ignite debate and challenge our orthodoxies through short essays on a diversity of topics.

Alasdair Gray encountered the paintings of Edward Munch as an adolescent. It changed his life. It gave him a sense of his own potential.

He said: “How wonderful to discover the works of a Norwegian artist who had lived in the industrial ­capital city of a modern nation smaller than Scotland, yet who painted it as grand and tragic, not boring or trivial.” Art can change your life.

The first Alasdair Gray Inspiring Scotland Bursary will be made to an emerging creative practitioner who demonstrates exceptional potential, and will be announced in November this year. More details about this can be found at saltiresociety.org.uk

The Saltire Society’s commitment to initiate and nurture creativity is growing.

If you would like to be part of the Saltire Society, check out our ­website and consider becoming a member. The Saltire Society is a non-political charity open to all.

Sarah Mason is programme director of the Saltire Society

[“Source-.scotsman”]