Conservative investors and those in the lower tax bracket should opt for these, experts tell Sanjay Kumar Singh
Diversify! Go for SIPs in equity MFs or buy debt funds! Don't time the market! Don't trade intra-day! So simple!
Rather than one-year returns, look at benefits of long-term investment in equity.
Such a will, a cheaper and more convenient option, has to be signed by two witnesses.
Used prudently, plastic money is among the most useful, powerful and non-polluting kind of plastic invented. Be smart with it!
Does it make sense to hold more than one residential property? Does the investment really give very high returns as we Indians tend to presume? Anil Rego takes you through the ups and downs of investing in residential properties
Physical assets such as gold and real estate have their own positives and negatives, while other financial assets such as mutual funds, stocks and bonds come with their pluses and minuses. Let us look at both options in a little more detail.
Expect more volatility in the coming year as the economy and markets price in the demonetisation drive.
Financial planning need not be boring or solely be a man's job. It can be made fun and be used as another way to increase a couple's closeness and happiness! Try it!
To ensure a better financial future, resolve yourself to follow these simple money tips.
Here's why ULIPs have become an attractive long-term investment option
Let us take a look at some of the steps that are involved in getting your finances in order.
Let us take a look at why it is important to opt for travel insurance even for domestic use.
Mutual fund investments come in various shapes and forms -- ranging from the passive index funds to the actively managed funds. Two of the most popular mutual fund types are balanced funds and dynamic funds. Let us take a deeper look at what each one is and how they are different.
It is important to celebrate when your first paycheck arrives, but is equally important to ensure that you take the time to learn some very important personal finance lessons, so that you can put your salary to work for you and grow a savings corpus.
Avoid getting into a debt trap by using your credit judiciously. Anil Rego explains how
If your child is 20 when s/he decides to pursue higher eduction and her/his current age is 3 years, then here's a plan for you...
Without them your financial security is at a huge risk...
A rightly chosen ULIP can be a competitive investment, but the investor needs to ensure that his relationship manager has put him ahead of the commissions that the product pays, says Anil Rego, CEO, Right Horizons.
Let us take a look at some of the things that one should keep in mind.
Interest rates on bank FDs have started coming down and rates on other fixed-income products will also decline. Investors should lock in to instruments offering higher returns.
Take a moment to consider ways to improve your finances.
The government has also built in mechanism to protect investors from price fluctuation.
Home loan cover from the lender may not be the best option
Let us look at this scheme a little more in detail.
A simple primer on how much money taxpayers can save under various sections of the Income Tax Act.
A tax plan is not only to save taxes, it should also assist you in achieving your other financial goals such as buying a home, a car, children's education, retirement to name a few. Here are some top ways in which you could plan for your tax savings
Read the numbers carefully because no one can offer a credit card at zero cost or give a loan at a simple interest of 9%.
If you have missed your tax filing deadline, there is not much to fret if your tax dues are fully paid, says Anil Rego
There are 7 key rules one can follow to ensure that the chances of such fraud are almost reduced to a negligible level when shopping online, says Anil Rego
The whole idea is to have a balance between long-term and short-term goals.
A budget is nothing but a tool to keep your spending under control and ensure that the monthly expenses are lower than your monthly income. Here are some tips on how you can make your budget work
Financial planning tips for the salaried in their 20s
Look for one with the right mix of qualification, experience, ethics knowledge, and communication skills
Besides return and risk, investors also need to weigh the liquidity of the instrument they are putting money in
Before you take the leap, get your financial house in order
In an online chat with readers on July 8, Anil Rego answered their tax queries. Here's the chat transcript in case you missed the chat
How will the government's decision to demonetise Rs 500 and Rs 1,000 notes help curb the creation and flow of black money into the Indian economy?
Every financial plan needs to be tweaked periodically.
Equity investments are fruitful over the very long 20-year term.