It has been worldwide accepted that equities are the best long-term asset class to generate the wealth over the decade. None of the all other asset classes are likely to outperform, if you stay invested in good equity funds for the long-term. Do you believe on these statements, if not, you are not alone as […]
Want to Simplify Your Financial Life? Not so Easy
There are many easy solutions to organize and simplify our financial life, but we tend to choose complexity. We often tell ourselves we want to simplify, simplify, simplify but on the flip side, we tell ourselves that the solution to an important problem has to be complex. On some level, we all understand that simplicity […]
Are you trapped in Top-Rated Mutual Fund Schemes?
Many investors would be investing in mutual funds and putting their money arbitrarily out of sudden impulse. They do not realize their goals, time horizon or risk tolerance. After a while, they may have observed that their returns fell short of the returns they kept reading and hearing about in the media, even they held […]
How to manage idle cash in saving account?
We have already had an endless debate about Indian government’s demonetization move and do expect a drastic change in the way of spending, saving and investing themselves. Though the prime motive of demonetization is to unearth and eradication of the black money, it would have multiple positive effects on the economy. At the same time, […]
Know the Underlying the Risks in Debt Mutual Fund Schemes
Many investors would be cheering those who had already invested in debt mutual fund schemes over the past year. They would have earned good returns thanks to frequently rate cuts by the Reserve Bank of India (RBI) over the past year. Many still expect interest rates to continue to move downward, over the next fiscal […]
Are you trapped in “guaranteed pension for life”?
Many investors tend to get a pension plan from an insurance company for converting their nest eggs into regular income for their sunset years. Some would be thinking to buy a pension plan for their retirement years. Unfortunately, they prey to fall into the trap of the “guaranteed pension for life” without realising that these […]
Insurance & Pension plans may get you Tax Tension! Read fine print
When you invest in bank fixed deposits (FDs), you know very well that the interest income is subject to tax as per your tax slab. When you buy tax-free bonds, the rules are also easy to know. Your interest is tax free. But when you invest in any insurance policy for getting a tax deduction […]
Don’t use Demat route for transacting Mutual Funds
A lot of investors have been investing online on mutual fund schemes through demat account. They are prone to think that it is compulsory to have a Demat Account for transacting online mutual fund schemes. However, large number of eager investors who would want to invest through a demat account for transacting online mutual funds […]