Most of us understand SIPs or Systematic Investment Plans. But, what is ‘Step-Up’ or a ‘Top-Up’ SIP? We know how SIP works, how we gain from disciplined investing, rupee cost averaging, power of compounding etc. But have you ever thought that as per your increase in salary, you can also increase your SIP amount every […]
. Many of my young clients are cheering the rate cut by RBI, as now they will have to pay lesser EMIs on their auto and housing loans. Most of the corporate clients will reduce their debt burden as the interest outgo will reduce substantially. But there are some who are not at all happy […]
My best friend’s wedding is around the corner and with every passing day, his budgeting goes excessive! As the big day draws closer, he gets increasingly confused – he’s neither boggled by the fact that the secret of a happy marriage remains a secret, nor is he perturbed that he is serving a life sentence […]
“Buyer beware” is biggest fear echoing in the minds of equity investors. Based on an in-depth research on equity as an asset class, for individuals with a long-time horizon, stocks may be the least-risky asset of all. They deliver better returns and long-term capital gains tax is nil. Over 10 to 20 years, stocks/equity are […]
Cash is king! However, if it rests idle in your account, then the king is insignificant. There have been many instances where money is parked in our savings accounts for months and years, earning you paltry returns. Instead, if you deploy your funds into a liquid fund, the returns would be at least 60% to […]
It’s like a sword hanging over your head, the biggest stumbling block to your investments. Benjamin Franklin famously quoted “Rather go to bed supperless, than rise in debt”. I’m talking about loans which are offered these days at the drop of a hat by financial institutions. When a person ran into debt he was considered […]
At the outset, wishing each and every member of my community a wonderful new year with a lifetime of peace and happiness. I have been scratching my head for quite a while to write today’s column. I wanted a subject that encapsulates a lifetime remedy to long term wealth creation. A one-stop-shop that liberates investors […]
A minimum yearly deposit of Rs. 500 is required to open and maintain a PPF account, and a maximum deposit of Rs. 1.5 lakhs (as on financial year 2015-2016) can be made in a PPF account in any given financial year. The subscriber should not deposit more than Rs. 1.50 lakhs per annum as the […]
I had earlier articulated the reasons for introspecting as an investor. In this article, I digress a bit from the usual investment gyaan and showcase how fortunate we are for investing in our own country! Why is it that every tycoon wants to own a piece of India? India boasts of being the world’s fastest-growing […]
Why Are You Investing? In continuation to my earlier column, I assume that my readers by now comprehend the essence of asset allocation and risk tolerance. The next step towards investment is all about self-introspection and asking oneself the primary motive behind investing. Ask yourself about the purpose of investing. Every penny that you save […]
The stock market seems to be playing spoiltsport for a while, it has delivered (-) 3% year-to-date and (-) 10% over the last 1 year. Despite this I continue to hold on to my optimism and stick to my stance that the markets will improve in the latter half of this year. However, certain key […]