My Wealth Club's Alternative to Bank Fixed Deposit

In the last 1 year, Bank Fixed Deposit rate has come down to 8.75% from 10%. The question which must be coming in the mind of Fixed Deposit Investors would be how to get better return without compromising on the risk quality. MyWealthClub.com would like to recommend the following alternate options which can help investors in getting better returns:

Deposit Name	National Housing Bank	HDFC Platinum Deposit
Credit Rating	AAA	AAA
Tenure	15, 33 months	12, 24, 36, 60 months
Annualized Return	9.58%	9.50%*
Additional for senior Citizens	0.60%	0.25%
Minimum Amount	50000	40000
Liquidity	Yes	Yes
Taxation	As per Slab	As per Slab
Interest Payout	Cumulative/ Annual	Cumulative/ Half yearly

                *special rate for mywealthclub.com investors. Normal rate is 9.4%

National Housing Bank (NHB) is a subsidiary of Reserve Bank of India (RBI) which means that it is as safe as any other Bank Deposit.HDFC Platinum Deposit is from HDFC Ltd which is 3^rd largest company in India with a market capitalization of 1,23,557 Crores and is considered to have one of the best corporate governance.

Investors are recommended to invest in the above deposit options to earn an extra return of 0.75% to 0.85% above Bank Fixed Deposit rate.

Special Offer for mywealthclub.com investors– Get a free 16GB Pen Drive with every investment.

If you want to invest in any of the above deposits then please contact us at support@mywealthclub.com or call us at 90156 15190.

My Wealth Club Thinking Thursday Quote of the Day

Financial Coffee

(Please click on the Newspaper link to read the full article)   INDIAN ECONOMY RBI likely to slash policy rates by 75-100 bps in 2013: Analysts Govt's reforms push will help return to high growth: RBI Next month's Budget will be 'responsible': Chidambaram High CAD to threaten macroeconomic stability, stunt growth: RBI RBI Signals India Rate-Cut Limits as Policy Revamped: Economy INTERNATIONAL ECONOMY Consumer Confidence in U.S. Falls to Level Since 2011 Price Gains Signal U.S. Housing Market to Boost Growth: Economy German Consumer Confidence to Rise in February, GfK Says Japan’s Government Proposes First Spending Cut in 7 Years EQUITY MARKET Telcos oppose Rs 23,000 crore bailout for BSNL and MTNL Stock markets discount RBI rate cut, Sensex plunges 112 pts to end below 20K Expect market to go up over next three-four weeks: Jyotivardhan Jaipuria, BofA-ML Capital (India) Lending rates may stress banks' margins DEBT MARKET Liquidity to remain tight despite CRR cut Bond yields fall; March rate cut door open Italy Sells Bills as Rates Drop to  Since March 2010   COMMODITIES Tanker Glut Worsens on Steepening OPEC Production Cuts Tin Beating All Metals on Fourth Year of Shortages: Commodities Oil Rises to Four-Month High as Home Prices Advance Gold Assets Head for Biggest Monthly Decline Since December 2011  FOREX Rupee hits one-week high post policy; oil demand hurts Euro Reaches Highest Level Against Dollar Since 2011 Canadian Dollar Up After Losses Fail to Breach Technicals Brazil’s Swap Rates Fall on Rousseff View; Real Rallies Further Pound Rises as Miles Says U.K. Economy Will Improve  MUTUAL FUNDS Mutual fund assets' overwhelming share from top cities continues to rise Net liabilities of Mutual Funds rise Mutual fund shareholding in Sensex cos shrink in 2012 Mutual Funds' AUM logs highest jump in two years INSURANCE Health Insurance rates to be hiked by 20-25% IRDA may cap insurers’ investment in promoter companies to 5% REAL ESTATE Realty firm Ashiana Housing to invest Rs 750cr on four new projects Correction in the housing market may be round the corner Davos 2013: India realty space to see $4-5 billion foreign inflows in 2 years: Jones Lang LaSalle OPINION A stealth eurozone integration will hurt members and Germany will bear disproportionate pain Arvind Virmani & Charan Singh: Booster doses for economic growth Let’s not get ahead of ourselves Surprise with a deep monetary policy easing RBI: Urgent need for new investments KNOWLEDGE CENTER Transmitting MFs without nominees: Things to know Higher EPF deduction can help build better retirement kitty A rush to reduce taxes can cost you dear Tax planning for new year

Financial Coffee

(Please click on the Newspaper link to read the full article)   INDIAN ECONOMY RBI likely to slash policy rates by 75-100 bps in 2013: Analysts Govt's reforms push will help return to high growth: RBI Next month's Budget will be 'responsible': Chidambaram High CAD to threaten macroeconomic stability, stunt growth: RBI RBI Signals India Rate-Cut Limits as Policy Revamped: Economy INTERNATIONAL ECONOMY Consumer Confidence in U.S. Falls to Lowest Level Since 2011 Price Gains Signal U.S. Housing Market to Boost Growth: Economy German Consumer Confidence to Rise in February, GfK Says Japan’s Government Proposes First Spending Cut in 7 Years EQUITY MARKET Telcos oppose Rs 23,000 crore bailout for BSNL and MTNL Stock markets discount RBI rate cut, Sensex plunges 112 pts to end below 20K Expect market to go up over next three-four weeks: Jyotivardhan Jaipuria, BofA-ML Capital (India) Lending rates may stress banks' margins DEBT MARKET Liquidity to remain tight despite CRR cut Bond yields fall; March rate cut door open Italy Sells Bills as Rates Drop to Lowest Since March 2010   COMMODITIES Tanker Glut Worsens on Steepening OPEC Production Cuts Tin Beating All Metals on Fourth Year of Shortages: Commodities Oil Rises to Four-Month High as Home Prices Advance Gold Assets Head for Biggest Monthly Decline Since December 2011  FOREX Rupee hits one-week high post policy; oil demand hurts Euro Reaches Highest Level Against Dollar Since 2011 Canadian Dollar Up After Losses Fail to Breach Technicals Brazil’s Swap Rates Fall on Rousseff View; Real Rallies Further Pound Rises as Miles Says U.K. Economy Will Improve  MUTUAL FUNDS Mutual fund assets' overwhelming share from top cities continues to rise Net liabilities of Mutual Funds rise Mutual fund shareholding in Sensex cos shrink in 2012 Mutual Funds' AUM logs highest jump in two years INSURANCE Health Insurance rates to be hiked by 20-25% IRDA may cap insurers’ investment in promoter companies to 5% REAL ESTATE Realty firm Ashiana Housing to invest Rs 750cr on four new projects Correction in the housing market may be round the corner Davos 2013: India realty space to see $4-5 billion foreign inflows in 2 years: Jones Lang LaSalle OPINION A stealth eurozone integration will hurt members and Germany will bear disproportionate pain Arvind Virmani & Charan Singh: Booster doses for economic growth Let’s not get ahead of ourselves Surprise with a deep monetary policy easing RBI: Urgent need for new investments KNOWLEDGE CENTER Transmitting MFs without nominees: Things to know Higher EPF deduction can help build better retirement kitty A rush to reduce taxes can cost you dear Tax planning for new year

Financial Cofee

(Please click on the Newspaper link to read the full article)   INDIAN ECONOMY FICCI survey raises growth projection to 6.7% for 2013-14 Govt may drop move to tax commodity futures trading GAAR clouds hang over Mauritius route India's 5-yr steel output 2nd highest in the world India to grow at 5.5% in FY13, 6.5% in FY14: DSP BlackRock Mutual Fund Economy INTERNATIONAL ECONOMY Job Market Probably Kept Making Progress: U.S. Economy Preview China Industrial Companies’ Profits Climb a Fourth Month Clegg Says U.K. to Continue Fiscal Squeeze Amid Recession Threat U.K. Economy Shrinks More Than Forecast EQUITY MARKET Retail investors recovered Rs 12,145 crore from relisting: Report FDI in services sector dips 14% in Apr-Nov 2012-13 RBI policy, Dec qtr earnings to dictate market trend: experts DEBT MARKET Banks want interest rate cap raised for collateral-free loans to micro, small units German Note Yields Climb to 10-Month High on Loan Repayment Data Treasuries Decline Most Since September After ECB Report HSBC sees only 25 bps rate cut by RBI on January 29   COMMODITIES Gold Futures Decline to Two-Week Low on German Outlook Oil Completes Longest Run of Weekly Gains Since 2009 Copper Seen Extending Rally With China Accelerating: Commodities  FOREX China’s Yi Warns on Currency Wars as Yuan in ‘Equilibrium’ Japan’s Amari Says Markets Set Currencies Amid Yen Criticism Asian Currencies Fall Most in 6 Months as Yen Fuels Intervention Euro May Fall on Head-Shoulders, BofA Says: Technical Analysis Pound Falls to 13-Month Low Versus Euro as U.K. Economy Shrinks  MUTUAL FUNDS Best Large Cap Funds For 2013:- My wealth Club Recommendation It is investor first for mutual fund industry Spike in returns from gold ETFs INSURANCE Health Insurance rates to be hiked by 20-25% IRDA may cap insurers’ investment in promoter companies to 5% REAL ESTATE Soon, Outer Delhi may grow vertically DLF to focus on core business, to launch more projects in 2013-14 Davos 2013: India realty space to see $4-5 billion foreign inflows in 2 years: Jones Lang LaSalle OPINION Subir Gokarn: Global ifs and buts Tax tweaks can promote financial savings Rate cut advocates are wrong Repo rate cut on the cards Reining in investment advisers KNOWLEDGE CENTER Transmitting MFs without nominees: Things to know Higher EPF deduction can help build better retirement kitty A rush to reduce taxes can cost you dear Tax planning for new year

Fantastic Friday Quote of the Day

Financial Coffee

(Please click on the Newspaper link to read the full article)   INDIAN ECONOMY March inflation projection may be cut Wait for banking licence norms set to get longer Banks’ NPAs may worsen in FY’13: NPAsource.com Industry expects RBI to cut rates by at least 25 bps: RBS survey Govt’s public debt rose to over Rs 40 lakh cr in Dec quarter INTERNATIONAL ECONOMY Where's the growth? Euro zone still lacks investor appeal Rise in Leading Index Signals U.S. Expansion Into 2013 Global Growth Glimmers as Manufacturing Picks Up Speed: Economy China Manufacturing Expands at Fastest Pace in Two Years Spanish Jobless Rate Hits Record After Rajoy’s First Year EQUITY MARKET Private equity, venture capitalists investments in India to remain flat in 2013, says E&Y Sensex down 103 pts at one-week low, Tata Motors slumps 6% Pvt investors to pour in $1.1 tn in emerging mkts this yr DEBT MARKET India Boosts Debt Holding Cap for Foreigners to $75 Billion India repo borrowings remain high; arbitrage gains, Bond yields edge further up Treasuries Remain Lower After $15 Billion Sale of TIPS Spanish Bonds Rise as Euro-Area Slowdown Eases; Bunds Decline India repo borrowings remain high; arbitrage gains, Bond yields edge further up HSBC sees only 25 bps rate cut by RBI on January 29   COMMODITIES/FOREX Gold, silver slip on profit-taking Gold Seen by Morgan Stanley Extending Rally as QE3 Runs to 2014 Oil Rises on Improving Data as Brent-WTI Spread Narrows Copper Rallies as U.S., China Growth Buoy Outlook for Demand Rupee Rebounds After Debt Holding Limit for Foreigners Raised Pound Drops to 11-Month Low Versus Euro Before U.K. GDP Rand Slumps to 4-Year Low as Central Bank Leaves Rate Unchanged Australian, N.Z. Dollars Rise Versus Yen After China PMI Yen at 100 Per Dollar Endorsed by Japan Official Nishimura Aussie Declines After Consumer Prices Gain Less Than Forecasts  MUTUAL FUNDS Spike in returns from gold ETFs LIC Nomura MF aims to touch Rs 10,000-cr AUM mark Korea's Mirae eyes ETFs for India from global basket   INSURANCE ING exits life insurance business in India India tops life insurance rankings: WEF REAL ESTATE Budget wish-list: Real estate body seeks tax sops, infrastructure status Housing may get Budget boost with infrastructure status Delhi Development Authority to triple floor area ratio, city to go vertical OPINION Sunil Jain: The world according to GAAR Tweak downstream investment norms Not yet time for RBI to relent Indian IT can’t take its eyes off US revenues Is global growth back?   KNOWLEDGE CENTER Transmitting MFs without nominees: Things to know Higher EPF deduction can help build better retirement kitty A rush to reduce taxes can cost you dear Tax planning for new year