Single Demat account with access to details of your investments in shares, mutual funds, fixed deposits, insurance policies, Public Provident Fund, Post Office Savings Schemes et., may soon be a reality. Record keeping is one of the biggest challenges for the investors, financial institutions and intermediaries like agents or advisors. There is no common platform […]
Financial Planning
Financial Planning Misconceptions
Financial Planning is a dynamic process of identifying financial resources and allocating these resources to realize your financial goals. In the last 4 years of my financial counseling career, I have met many clients/prospects who have (had) misconceptions about Financial Planning. Below are few for your reading: Financial Planning is only for the rich I […]
What is Inflation?
Have you ever asked yourself “What is inflation?” If you have, you aren’t alone. It is one of the most popular questions I receive from new investors. In simple terms, it can be defined as either a rise in prices or a fall in the value of money. That means if someone asks you, “What […]
7 things to keep in mind for effective Financial Planning
In the world of finance, the difference between profit and loss, wealth and liabilities, affluence and poverty, is, to a large extent, attributable to knowing. Financial Planning means knowing and acting on that knowledge. The tough thing about financial planning is it needs to cover a lifetime. When things around us are changing every day, […]
Strategies to make “Wealth Transfer” an EASY job..
Given the dynamics of wealth creation in the past two decades, Asian and Indian households have not only witnessed some of the largest absolute gains in wealth in the world, they are also poised to witness one of the largest wealth transfers in history. This takes the focus beyond wealth creation and brings attention to […]
IS your communication Address linked to PAN (Permanent Account No) up-to-date?
Most of us might have applied for PAN card few years back and there might be change in our communication address. To check the address that is linked to your PAN card, visit Income Tax website . You should have login Id to access the info. And click on “ My Account” option and then […]
