HomeArticles by: admin

admin

  • Why timing the Stock Markets is a futile game?

    No Comments
    Click to Enlarge The stock markets are hitting new highs and investors must be facing the common dilemma - whether to book profits and then re-enter the markets on correction. When that correction would happen, no one knows. Predicting It would be more difficult than winning Blackjack in a casino. Although markets are cyclical and they reflect sentiment based on potential political events, macro-economic indicators, corporate earnings performance, it does not mean an investor can accurately predict the entry and exit of the markets. Not to forget the fact that markets tend to overreact many times, mostly during the corrections. [...]
    read more

  • Financial Advice you should be wary of

    No Comments
    Click to Enlarge Free financial advice comes from all corners whether you are starting out or well established. In personal money matters, people look to their families, relatives, etc for casual advice. Informal financial advice is also often dispensed during casual conversations between friends, work colleagues, etc. The advice is sought out of trust or relying upon other’s investing experiences. While the advice given is innocuous, it can be dangerous in harming your finances over the long run. Here are the types of financial advice you should ignore which usually come from near and dear ones: Advice that sounds too [...]
    read more

  • The fundamental truth that evades most Equity Investors

    No Comments
    Click to Enlarge Stock tickers flashing at the bottom of news channels, red and blue colour codes on the trading bolt, fast gainers & losers, 52-week highs & lows, etc., are all things which a retail investor associates equity stock markets with. They are usually more focussed on the daily price movements. They would also not hesitate to park money in a stock based on tips from friends, brokers and associates. They would invest money in a particular stock just because it gave handsome dividends in a particular year. Amongst all these, they forget the most basic fact about equities. [...]
    read more

  • Should you consider to buy tax free ULIPs over Mutual Funds?

    No Comments
    Click to Enlarge With equity mutual funds coming under the ambit of taxation in the recent Budget 2018-19, insurance companies have made a strong case for selling ULIPs to investors. While a 10 per cent tax has been imposed on long term capital gains of equity mutual funds, ULIPs continue to remain tax free. Insurance agents have been dwelling on this tax disparity as part of their sales pitch. If this has got you thinking or confused whether to buy ULIPs or mutual funds, read on further to find out which one is a better product. Taxation alone is not [...]
    read more

  • Does a retiree need a financial advisor in his golden years?

    No Comments
    Click to Enlarge Well settled children, zero debt, essential goals met, less responsibilities – this is the typical situation of a retiree. He has saved and invested during the working years and now has a big retirement kitty. His only focus is to manage the same and regularly spend a fixed amount out of it. He may perceive his financial state to be too simplistic. Most retirees hence usually prefer the ‘do it myself’ approach in handling finances. They see retirement as the finishing line after which financial planning becomes secondary to them. They feel they do not need a [...]
    read more

  • Understanding Term Insurance – Beyond the plain vanilla cover

    No Comments
    Click to Enlarge Term insurance has the been the simplest form of life insurance product to understand. The insured pays regular premiums during the policy term and in the event of his death, the nominee gets a lump sum death benefit. However, it is possible that somehow the basic purpose of buying life insurance to take care of a family in the absence of the breadwinner may not be truly met. This usually happens when the family is not financially equipped to handle the huge insurance claim wisely. Keeping in mind this issue, insurance companies in recent years have come [...]
    read more

  • What is your attitude towards money?

    No Comments
    Click to Enlarge Mr.Patel aged 45 has never invested in the stock markets. He has been a silent witness to the spectacular run in the markets since 2004. The reason lies in a deep-seated notion about equity he has long held since his college days. This belief comes from the experience of his father who lost a big chunk of savings in the stock markets in the 1990s. The substantial loss disrupted the goals and clouded the family’s finances for a really long time. Since then, Mr.Patel thinks stock markets are a risky gambling den and if luck is not [...]
    read more

  • Common mistakes Senior Citizens make with their Retirement Fund

    No Comments
    Click to Enlarge   While the retirement period marks a new beginning after 60, it also implies the onset of a big financial change in a retiree’s life. This change is about complete reliance on retirement fund and managing the expenses – both essential and aspirational in the absence of a regular income stream. The retirement fund at disposal is typically huge, running into lakhs or crores and it is highly likely that a retiree has never managed such an enormous amount before. The possibility of mistakes is high in the absence of a proper plan to manage the retirement [...]
    read more

  • Important things to consider while lending money to Relatives & Friends:

    No Comments
    Click to Enlarge Friends and loved ones are our true treasures, with whom we have a sense of belonging, who value us for what we are. But even with our near and dear ones, there could be moments of awkwardness, especially when it comes to money. It usually is a sticky situation when friends/relatives ask for money. It could be even someone in your business community. You might hesitate to offer financial help to a dear one fearing relations could get sour in the future. At the same time, you are emotionally drawn to help a friend/relative who is in [...]
    read more

  • Things to bear in mind while Investing Last-Minute this Tax Saving Season

    No Comments

    The title of this blog says tax saving season because most people usually wake up and scurry around in the March quarter to invest for submission of tax proofs to their accounts department at work. The term tax planning has become a paradox because there is no proper investment planning from the beginning of a financial year which in due process takes care of tax saving. The end result is investments done in a haphazard manner in products unsuitable to the investor’s financial situation and profile. In a rush to invest for tax saving, investors do not even make optimal […]

    read more