Finance : One of the popular, preferred, and preeminent tax saving investments is PPF – Public Provident Fund. We all know about PPF. Do w...
Income Tax : The season of filing of tax return is here. This year all those who have taxable income are required to file their return. Also th...
Income Tax : Along with the rest of the country, the salaried class waits for the annual budget to be announced each year. They look up to the ...
Income Tax : It really hurts to see a large pie of the salary cut towards tax. So the obvious question in everyones mind is How do I reduce my ...
Income Tax : According to the new, rule of SEBI ,any NRI not having PAN card cannot do the share trading by depository or broker....
A dream is just a dream. A goal is a dream with a plan and a deadline, says Harvey Mackay. This quote is inspiring and is very appropriate for all of us who have financial goals to achieve in our lifetimes.
Diversification of investment means selecting multiple asset classes or investing in the different asset categories. It is a popular technique employed by most investors to lower risk and increase the chances of good returns. Unfolding your investment in different areas develops a risk-proof portfolio, which means if one investment fails, another will balance it out.
Putting your money in the securities market is risky yet profitable. Whereas, holding that cash is ineffectual. The market is really volatile, it is better if I keep the cash in my savings account or in my closet. Does this sound like you? Most people think the same when it comes to investing their hard earned money in the stock market. Individuals are behind holding money rather than multiplying it.
Two qualities are indispensable: first, an intellect that, even in the darkest hour, retains some glimmerings of the inner light which leads to truth; and second, the courage to follow this faint light wherever it may lead. Carl von Clausewitz
So you are planning to clear your home loan, you are setting aside a part of your income, and you have decided to spend less on restaurants and movies. Good that you are doing or planning to do these things. But do you feel this habit is of any use? Obviously not! You are saving, but for what? It is good that you have planned to clear your debts, but have you decided when? If you have no target to achieve, there is absolutely no point in saving.
We are all familiar with the nuances and subtleties of rowing against the tide or sailing against the wind. Undertaking to do things which are in contrast to the usual is reflected in the above quotations. In the world of investments, when someone chooses to go against the prevailing market by buying assets which are not doing well and selling those stocks which are supposedly in the ‘pink of health, the investor is practicing ‘contrarianism’.
We often hear from our parents and grandparents that they used to buy movie tickets for Rs. 5. Milk that we used to buy for Rs. 13 few years back has doubled now. Have you ever thought why such change in price happens? The answer is inflation.
What happens when you think about investing? At one side, there is a flash news about how market is doing every minute. A chart or report to look into the other side. Did you know the latest hot investment news? a suggestion or an advice or some shocking info from many sides. Isn’t it confusing to know which one to address first or take an action immediately?
I have been working for almost 10 years now, earning well and investing very carefully too Why am I not as rich as I should be? Why am I still in the middle class circle? At least 2 in 5 clients ask me similar questions. Do you know the key reason for this?
On September 16, 2013, our honorable finance minister P.Chidambaram launched IRDA’s insurance repository system (IRS). This system will insure green initiative, transparency in all the insurance related work and lower management cost for the insurers. It will also bring down total operative cost by cutting out printing and dispatching of the documents. Instead, documents will be sent to your repository account electronically saving much of the time, energy and money.
