227, Unique Industrial Estate,
Twin Tower Lane, Prabhadevi,
Mumbai, 400 025. India.
admin
-
Understanding the monster called Inflation
- April 10, 2017
- Category: Financial Planning, Investments
No Comments
“Inflation is when you pay fifteen dollars for the ten-dollar hair cut you used to get for five dollars when you had hair.” This is a very popular saying by Saw Ewing which describes inflation in simple words. If you ask a layman about inflation, he will quickly correlate the term with the rise in veggies & grocery prices. It is common knowledge that inflation affects the household budget. But most people do not understand or fathom the future impact of inflation. The concept of compound interest on fixed deposits is well understood by many, i.e., interest earning interest. But […]
-
Plan your financial life with purpose – the importance of Goal based Investing
- March 27, 2017
- Category: Financial Planning
Your stock/mutual fund portfolio is doing well and you are happy it has beaten the market. Congratulations! But what next? Are you going to liquidate the investment in the name of booking profits or continue to stay invested? If you redeem your investments, what will you do with the money? I am sure you will pause to think over. So, will majority of the investors who are clueless what to do with their investments. For most investors, picking the right stock or mutual fund is crucial for successful investing. If you say, my portfolio has beaten the benchmark, it doesnt […]
-
Why should Women take their Retirement Planning seriously?
- March 14, 2017
- Category: Retirement Planning
Priorities for women, both personal and professional, change after marriage. They always put spouse and children ahead of their own goals. In due process, women ignore a lot of their own personal objectives, including their health. This is also true for retirement planning. They lag far behind compared to their spouses when it comes to financially planning for their golden years. This lackadaisical attitude stems from the fact that they are not truly involved in managing their personal finances. While women are active in managing the household budget, other important financial matters relating to insurance, investments, banking, etc., are being […]
-
The Laddering Strategy for short term goals & better returns
- February 28, 2017
- Category: Investments
Investing a huge lump sum amount is a big task. It is not just about how to split it but also how to create a regular income out of it. While investing a lump sum, the market timing aspect also comes into picture. If the call goes wrong, there is an opportunity loss for the investor to earn better returns. No, I am not talking about the stock markets here. I am referring to fixed income options like bank deposits, recurring deposits, etc. You may think that these must be safe investment options but there are various risks associated with […]
-
Tax planning for senior citizen parents and how it can benefit you too
- February 13, 2017
- Category: Tax Planning
When it comes to investing retirement funds, the primary objective of any senior citizen is to earn regular income and safety of capital. Most senior citizens also think about the tax angle before making any investment decisions. A host of specific tax benefits are available to senior citizens by the government. As per the Income Tax Act, a person who has completed 60 years of age or above would qualify for various tax rebates available for the senior citizen category. Those who are above 80 years of age are considered as super senior citizens. Higher exemption in the tax slab […]
-
Saving tax on Rental income from House Property
- January 31, 2017
- Category: Tax Planning
Rental income from house property can be a useful source of passive income, especially during retirement. Many people buy more than one residential property with the primary objective of earning rental income or using it post retirement. The Income Tax Act requires an assessee to disclose all house properties owned by him at the time of filing his income tax returns. In case of multiple house properties, only one property can be considered as self occupied. The others would be considered as deemed to be let-out even if they are vacant and no rent is earned on it. The notional […]
-
Going cashless – the E-wallet way!
- January 17, 2017
- Category: Product Analysis
Mobile commerce is booming in India and businesses are fast leveraging the explosive mobile growth to offer a common platform for daily financial transactions. Mobile friendly websites and apps are all making it possible to shop online, book movie, tickets, pay bills, etc. The governments audacious demonetisation move and the massive push to go cashless has given further impetus to mobile wallets, popularly known as E-wallets. What are E-wallets? E-wallets or mobile wallets are the digital version of your physical wallet, i.e., a digital payment application. It stores your money in digitized form for instant payments. In simple terms, no […]
-
Why should retirees invest a portion of their corpus in equities?
- January 3, 2017
- Category: Retirement Planning
Retirement the golden phase of your life where all your responsibilities are over both personal and financial. You have all the time in the world to pursue your passion and chase your dreams. But the onset of retirement also marks a big financial change in an individuals life – a change in saving and spending pattern in the absence of a regular income stream. The main concerns of every retiree are: Generating a regular income stream Safety of corpus, i.e., capital protection Meeting contingency needs, incl. medical emergency Long term growth of the corpus The last point is something which […]
-
How long term Equity Investing is similar to running a Marathon!
- December 20, 2016
- Category: Investments
The analogy between stock market investing and marathon is very interesting. The qualities required to prepare & run a marathon and successful equity investing are very similar. If you love running and have prepared for a marathon, you would be able to relate to this comparison better. Lets start with marathon first. Come 2017 and a string of marathon events are lined up in the beginning of the year across India. The number of people participating in these events is increasing by the year. Majority people take part in the short distance race just for the experience of it, they […]
-
Evaluate your financial health through ratios
- December 5, 2016
- Category: Financial Planning
While maths may not be the most loved subject in schooling years, we still apply certain concepts in our daily lives. Ratio is one such beautiful number which helps us to compare two or more things. Be it measuring in probabilities, in proportions while cooking, betting against odds on a cricket match, doctors using in diagnostic reports, investors using for company analysis, ratios are all pervasive – being used knowingly or unknowingly. We can use ratios in our personal finance lives too. They can give a quick reality check of our current state of finances. They can also help us […]
