The only way to realise your dream is to wake up, and that is the path which our country has chosen. India has awoken to implement one of the greatest reforms of all times – GST or ‘Goods and Service Tax’. Finally implemented, the GST is one indirect tax for the entire nation, which will […]
“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 […]
“Dikra, I used to earn a salary of Rs. 400 per month in the 60’s and we used to still merrily save towards the end of the month. Earning 4 digits was what actors used to earn. Now, even an income of Rs. 25,000 per month isn’t sustainable”, feverishly said one of my clients. This […]
If you are a senior citizen, at a stage where financial security is of prime importance, and you want to call it a day to enjoy better parts of life, then read on. All these years you have worked for money and now it’s time for the money to work for you. This is the […]
“I felt like a con artist. It was like ripping the customer’s wallet open and burning his hard earned cash. If an insurance linked investment product earns my bank 10 times more revenue/commission as compared to a mutual fund or deposit, I have no choice but to sell it. It helps me keep my job […]
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 […]
Majority of investors in India deploy their savings into properties – they believe that real estate has delivered the best returns. That’s a myth – it is ‘Equity’ that has made billionaires. Bill Gates, Warren Buffet, Jack Ma (founder of Alibaba), Mark Zuckerberg, Azim Premji, Rakesh Jhunjhunwala, Mukesh Ambani, Sahpoorji Pallonji, Birlas and many other […]
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 […]