Till now I have written many articles on different topics of personal finance but this is my first article on “How Psychology plays an important role in your financial decisions?” When I say Psychology plays important role in your financial decisions, it looks very odd at first instance. Apparently it looks that finance has nothing …
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Currency demonetization, suddenly this word hits us on the evening of 8th of November, 2016 and we all were shocked with the demonetization measure of Prime Minister Shri Narendra Modi. This article is an effort to understand What Currency demonetization is actually and what will be its Short term & long term Economic implications. To …
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Sec 80C of income tax is most popular section for Small & middle tax payers. Deduction is available only to Individual tax payer and HUF. Deduction available u/s 80C is Rs. 1, 50,000/- from Financial year 2014-15 (before it was Rs. 1, 00,000/-) to all assessees, means if Assessee is in 30% tax bracket than …
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Most of the times people think that savings and investment are same and use these two words as synonyms of each other. But actually savings and investment are two different concepts and we need to realize this. Even many of the financé websites also confuse savings with investments. Many times we also give messages to …
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As discussed in my earlier post “Inflation: Biggest Enemy in your Financial Life.” Inflation is one of the most signifacant risk to once fiancial life, now the question is how to fight with it? First of all investors need to recognize the impact of inflation on their long term goals. Most of the times while planning …
Inflation is one of the biggest enemies in our financial life but most of the times I find that investors forget to consider impact of inflation on their financial lives. In this article I will try to explain “what is inflation?” from micro economic perspective and then we will see what is impact of inflation …
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Basic Objective behind the Gold Schemes: From ancient times gold has been the favorite asset class for Indians and as a result of this we have been accumulating gold from generations and generations. I have never heard someone saying that as gold prices have gone very high I have sold a part of my holdings …
Most of us have taken Loans in our lives for one or other objectives but When I speak with people on whether one should borrow or not and whether debt is good or bad, I find that most of people are on either extremes, some believe that one should always borrow money for their needs …
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In my last article “ All about Mutual Funds. Advantages & Disadvantages of Mutual funds”,I had discussed about basics as well as advantages and disadvantages of Mutual funds. Mutual Funds are very strong and stable vehicle for investing in different asset classes. Most of the investors whether they are investing in Mutual Funds or not, …
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Mutual Fund is a common pool of money, where large number of investors, invest their money and then that money is invested in stocks, bonds, gold, money market instruments and other types of securities. So Mutual fund is not an asset class in itself like equity, debt or gold but it is a means to …
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