We all would like to maintain a balance between professional and personal life . Both are equally important to lead a successful, happy and healthier life. All doctors suggest us to eat a healthy balanced diet. Investing in Balanced Mutual Funds is not much different. Balanced funds are also known as Hybrid Mutual Funds. In […]
Archives for September 2014
Valuable Financial Planning lessons from ISRO’s Mars Orbiter Mission
India created history in space research. Amazing achievement by our ISRO (Indian Space Research Organization) scientists. I believe that each achievement in any field provides us an opportunity to learn. Yesterday’s achievement by our ISRO team also teaches us some important things which we can relate to personal finances. Identification of Goal & Time frame: […]
RBI’s data on Financial Savings of the Households
Recently the RBI (Reserve Bank of India)released ‘Handbook of Statistics on the Indian Economy-2014.’ This handbook is available to the public and is updated every year. Based on this handbook, I have tried to collate some important / interesting points related to Personal Finances. Like – Financial Savings of Households, total investments in bank deposits, […]
What not to Buy (or) not to Invest in….
The stock markets are at life-time highs. The economy is showing signs of recovery. I am receiving lot of queries from retail investors on what to buy in financial markets now.. Is this the right time to buy mutual funds? Is it good to enter the stock markets now? Is this the right time to […]
Business Opportunity – How to set up a Franchise?
According to KPMG India, the Franchise industry’s business in India is expected to be a USD 50 billion by 2017. This industry is also expected to create job opportunities (including both direct and indirect) for around 11 million people by 2017. Are you frustrated with your current job? Do you have entrepreneurial spirit? Do you […]
All you need to know about EPFO’s Universal Account Number (UAN)
The Employees’ Provident Fund Organization (EPFO) has issued around 41.7 million Universal Account Numbers (UANs). Also, the EPFO is expected to launch its scheme on making Provident Fund numbers portable on 23rd,September 2014. So, it is advisable to know – What is UAN? How to activate UAN registration? What is the procedure to update KYC […]