By June 2025, financial freedom will be just an ATM away. Pleasantly surprised? But there's more, says Ramalingam Kalirajan
'Understand how wedding expenses fit into your overall financial situation.' 'Evaluate how different levels of spending will impact other goals like retirement, travel, or housing.'
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Novice investors must understand that volatility is an inherent part of equity markets and learn to navigate through such phases.
Isn't the goal of retirement planning to create a balanced portfolio that aligns with your financial goals, rather than chasing returns blindly, asks Ramalingam Kalirajan
Many fresh pass-outs of the CFP course are faced with up to a two-year delay and thousands of rupees in fees for realisation of their dream, following the notification of new regulations. Sebi notified the Investment Advisers Regulations, 2013, earlier this month.
Shares of Le Travenues, which operates online travel booking platform ixigo, soared 78 per cent on their market debut (June 18) and surged 80.4 per cent in the three days over their issue price. Ixigo has joined competitors EaseMyTrip and Yatra on the bourses. Analysts believe the blockbuster response to ixigo may lead to greater scrutiny of the financial performance of other online travel aggregators (OTAs) like Easy Trip Planners, and Yatra Online.
Ramalingam Kalirajan offers some easy steps to reactivate your accounts with banks like SBI, HDFC Bank, IDFC First Bank and PNB just so that you can start availing all the benefits linked to your account.
If you aim to achieve your financial goals, choosing a right financial planner is the most important step. He should be qualified, competent, easily accessible and able to meet all your financial needs. He will be your partner in helping you reach your financial objective. So choose wisely to achieve your goals successfully.
In 2024 alone, South India saw the highest rise in sales in the luxury segment, with Tamil Nadu reportedly registering a 19.3 per cent increase in premium car registrations from 2022-23
Investors should match their investment horizon with the fund's portfolio duration.
'If you invest in a rush at the last moment, you could compromise on selecting the best tax-saving options.'
Follow this 15 x 15 x 15 rule to become a crorepati without taking big risks. Ramalingam Kalirajan explains how
Many states are realising that hosting mega events puts the spotlight on them and raises their profile.
There is a real confusion among investors over who a financial planner is and who an investment advisor is. These terms are used very loosely, so it is necessary that one understands the function of each of these professionals and approach the right people.
Invest in MFs for liquidity and choice of funds. Invest in NPS for the tax benefits, tax-free rebalancing, and for earmarked savings for retirement.
Senior citizens should avoid putting their entire retirement corpus in SCSS.
Financial planners only give advice for which they charge their clients a handsoem amount. But do clients gain anything from their advice. Uma Kannan takes potshots at the modern-day breed called financial planners.
Imagine transforming a modest Rs 10,000 monthly investment into a steady Rs 1 lakh monthly income in your retirement years. This is the power of compounding -- a strategy that rewards you for starting early and staying consistent with your investments, says Ramalingam Kalirajan.
'Asset allocation should change only if your goals, life situation, or risk profile have changed.'
Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.
To be sure that you are committing your money to the right person, you must ask these questions to your financial planner. There is no point in cribbing after you have committed your money! Is there?
While financial planning is good for you, the process which a planner can put you through is not so great, observes financial planner P V Subramanyam.
Many financial planners, however, believe they're doing well if their clients' portfolios simply match market averages.
'Choose an equity allocation that will allow you to remain invested even if the market falls by 50 to 60 per cent.'
Ramalingam Kalirajan dives into the specifics of NPS withdrawal rules to help you understand the conditions under which and when partial withdrawals are allowed.
'By investing in a basket of funds, FoFs can help minimise the impact of underperforming funds, thus reducing overall investment risk.'
New investors should gradually build a 5 to 10 per cent allocation to gold.
Avoid discontinuing your SIPs. Persist for at least 7-10 years.
Gilt funds make sense only if you want to take a tactical view on interest rates and are looking for a short-term duration.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
From how to open an NPS Vatsalya account to knowing how this scheme compares to investing in mutual fund or in provident fund, Ramalingam Kalirajan offers a 360-degree view and the pros and cons of investing in a scheme that has the potential to secure your child's financial well-being.
The Adani Group, which won the Dharavi Redevelopment Project from the state government last year, on Monday said it has onboarded three city planners, including Hafeez Contractor, to present a draft redevelopment plan for the largest slum cluster in Asia. In a statement, the group, which has promised to invest Rs 21,000 crore in the first phase, has roped in world famous architect Hafeez Contractor, design firm Sasaki, and consultancy firm Buro Happold as city and infrastructure planners for the project.
This sort of property is better suited for an investor rather than an end user.
Long-term tax-saving FDs can also be considered after the PPF limit has been exhausted.
How do you stay calm, relaxed and focus on the important things that matter in the countdown to your special day? Get expert advice from rediffGURUS.
First things first: For those wondering if they need to reapply, the answer is no.
For those looking for more affordable options, purchasing an under-construction property could be a smart move, as these generally cost less than ready-to-move-in properties.
Avoid discontinuing your SIPs. Persist for at least 7-10 years.
Systematic Withdrawal Plan, or SWP, can help you achieve your financial goals. Ramalingam Kalirajan's step-by-step guide on how to effectively use an SWP.
