Retirement planning is one of the most important part of total financial planning of an individual. Retirement years are the beautiful years of life. After taking his education when an individual starts his working life, he is burdened with lots of different responsibilities in his life. But retirement years are the years when one can …
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 …
Continue reading ‘Saving Money vs. Investing Money : What is the difference?’ »
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 …
Continue reading ‘Good Debt v/s Bad Debt:How to understand the difference?’ »
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, …
Continue reading ‘Legal Structure of Mutual Funds in India.’ »
With the sharp fall in the markets in last few days, once again stock markets are talk of the town. Investors are discussing the reasons for fall and trying to find answers of two questions. First, what was the exact cause of this sharp fall in the stock market? And second is how much will …
Continue reading ‘Falling Equity Markets : What should you do?’ »
1 Most of you have been reading my articles for quite a long time. I have written a lot on how you can organize your financial life. Now this time I want to tell you what you should not do. Successful Financial life can be achieved by avoiding mistakes and adopting a disciplined approach towards …
Continue reading ‘5 Money Actions that can create disaster in your Financial Life.’ »
Whenever interest rates are falling, senior citizens are always under stress to maintain their income, because their income from interest through fixed deposit is falling and that is their main source of income. NDA Govt which ended its tenure in 2004 was very sensitive to this issue and so they brought two schemes in their …
In my last article on Sukanya Samriddhi Account Scheme I had written in details about Sukanya Samriddhi Account Scheme along with a clear illustration but after that i received a lot of queries from parents who have daughters who are eligible for this scheme that whether they should open Sukanya Samriddhi Account or PPF Account …
Continue reading ‘Sukanya Samriddhi Account Vs. PPF Account, Which one is more beneficial?’ »
11 Our Prime Minister Mr. Narendra Modi has launched Sukanya Samriddhi Account Scheme with a motive to facilitate Higher education and Marriage expenses of Girl Child and in a way this is a movement to empower Women in the country. Let us all understand the key features of the Scheme. 1111 1 Who can …
Continue reading ‘Sukanya Samriddhi Account-A Blessing for your Girl Child.’ »