Technology today is rapidly changing the world around us. The wide-spread availability of internet enabled mobile phones has helped the common man to reap the benefits of technological advances in all streams around them. A consumer today can hail a cab conveniently using the smart-phone instead of waiting forever for the public transport to arrive. […]
Financial Planning
Long Term Investment Horizon : Importance & Benefits | My father’s risky investments! (Real-life examples)
When you are investing in equity mutual funds, Stocks or other high risk-oriented investments like real-estate, one sage advice you often get to hear is that ‘invest for long-term’(or) have a ‘long term investment horizon’. Almost all the investment related articles that you read and the programs you watch on TV, advice the investors to […]
My 6 Core Personal Financial Planning principles!
We all follow certain principles, rules, beliefs or maxims which control or influence our behavior. We learn these principles to be correct through our own personal experiences. A ‘principle‘ is a kind of rule, belief, or idea that guides you. We generally say that a good, ethical person has a lot of principles. Even when it comes to investment planning […]
5 ways of making Creditor Proof investments
Banks in India have become easily accessible for getting loans for use by individuals. Debt and Loans are becoming common these days. The amount of total financial liabilities held by Indian households justifies this statement. As per the RBI’s statistical data on Indian Economy (2016) ; Around Rs 2,605 billion were taken as Loans and advances from the Banks […]
Lump sum Investment options for Retirees/Senior Citizens | Where to invest my Retiral benefits to get Regular Income?
Retirement is a new stage of life, and some even say ‘life begins at retirement’. It is one of the most important life events for all of us. Whether you are a salaried person or self-employed person, each one of us, one day or the other, would like to hang up one’s boots and come out of active […]
Is Lock-in period for Investments applicable on unfortunate demise of the Investor?
We are aware of the fact that certain Investment (or) Saving schemes have a lock-in period. ‘Lock-in period’ is a common phenomenon especially with popular Tax saving Schemes. These schemes are like PPF, ELSS mutual funds, NSC, 5 year Tax saving Fixed Deposit, Senior citizen Savings Scheme etc., What is a Lock-in period? – It […]