Buying a house is a big decision, both emotionally and financially. Having a place to call one’s own is often a big dream to achieve and when you are finally knocking on that door, it can be a really emotional and at the same time, exciting, experience. Financially, it is one of the biggest purchases…
Tax saving instruments are a great way to invest your money while at the same time getting a tax incentive. Under the various sections of the tax code, there are limits specified up to which one can invest in these instruments to claim a tax exemption and hence get a reduced taxable income. However, it…
Becoming rich is one of the most enduring goals of every person. After all who doesn’t want to be rich? But more often than not we don’t understand how money and investments work. And you can accumulate wealth without first understanding these two. So here we have listed down top 50 quotes on money and…
Since the Sensex has been up by almost 50% since August 2013, the bull market is beginning to look decidedly unstable. The recent crash may have actually been due. The Stock Market, as you know, is subjected to high volatility in the short term, but not so, over the long term. But the big question…
Emotional investment decisions often result in financial losses. In fact, feelings like euphoria/greed and fear are very powerful motivators which trigger “reward circuitry” in the times of financial gains, and “fight-or-flight” in the times of financial losses. Allowing your investment decisions to be driven by emotions may be the single most detrimental action you could…
What Are Multi-Asset Mutual Funds? Multi asset mutual funds, as the name suggests, are all-in-one funds that are invested in three asset classes – equity, debt and gold. Typically, multi asset funds are conservative in nature and have high exposure to debt (50% – 90%) and some exposure to equities (up to 40%) and gold…
To curb all black money transactions in India, the government has made stringent laws on benami property holdings (includes real estate, any kind of movable/ immovable, tangible/ intangible assets viz. jewelry, cash and investments). The idea is, if the asset owners fail to produce legal proof of source of earning which allows her/ him to…
Investing in stock markets could be an excellent idea if you’ve a knack for doing research and a keen understanding of the market with oodles of fortitude and discipline. However, the stock market is highly volatile and investing could be highly confusing at times, and you might be in a dilemma whether to invest, sell…
One of the biggest worries that hovers with every financial year end is ‘saving tax’. Chances are that you might even land up making a big financial loss, for there will be calls flooded over from agents & advertisements in the media stating about various tax saving investments. So, instead of getting confused, the best…
Many may know how to crack an interview, or network socially. But when it comes to making personal investment decisions, many may feel flushed out with cash, that too if the individual has just stepped into his first job! While career advises are important, money advises also play a very important role. Millennials often find it…
Here are some investment options that a common man can consider. The options have been listed on the basis of the risk factor involved – from the most secure to the least. We have left left out stock market option here as it is too risky for the common man.
Have you ever felt like being cheated by one of the insurance companies and their agents who will promise anything just to achieve their sales targets? If yes, then you are not the only one. Given below are some ways you can be misled by some insurance company or their agents. Beware! Insurance: Mis-selling of…
