AMCs are not able to invest in US stocks due to the imposition of restrictions by RBI. But Indians can invest in US stocks through LRS. Investing in US stocks offers a fantastic opportunity to diversify your portfolio & create wealth by investing in US companies and brands you use daily like Apple, Google, Meta, Spotify, Netflix, and Amazon and gain exposure to some of the world’s largest and most influential companies  For Indian investors looking to explore international markets, the Liberalized Remittance Scheme (LRS) provides an easy and legal route to transfer funds abroad and invest in US stocks. […]

U.S. citizens can open bank accounts in India, but there are specific rules and account types based on their residency status. Whether you’re an NRI (Non-Resident Indian), OCI (Overseas Citizen of India), or PIO (Person of Indian Origin), you can open a bank account in India under certain conditions. Why Open a Bank Account in India? As a US citizen with financial ties to India, having a local bank account can make managing rental income, investments, inheritance, and asset sales easier. It also simplifies sending money to family, using services like UPI, and accessing debit cards when visiting India. Without […]

 We are all familiar with ROI (Return on Investment) but not with ROL (Return on Life). Money is only part of the peace and happiness in life. Many people are so occupied with the career trap that they seem to care little about what happens when they leave their jobs. They have planned little about other aspects of their lives; they seem to feel retirement will take care of itself. But this is not true.   Money has no value in itself. Money is useful only in terms of what you can do with it. Money is a terrible master but […]