The proportion of your money that you invest in categories such as stocks, equity mutual funds debt, and cash is your asset allocation, and you’ll often run across different formulas for asset allocation by age. After all, a 25-year-old should invest a little differently than a 70-year-old. One rule of thumb that some people followRead More
Financial Planning
What is the Right SIP Amount? Infographic on How to Manage SIP Amount
We all agree that SIP helps us accumulate large amounts in a disciplined way and we get the benefit of investing in a volatile asset. But often we wonder what is a right SIP amount? How do we know that the monthly amount of SIP is adequate? the question. Calculating the Right SIP Amount always bothersRead More
Best Investment in Long Term – Equity Investment
The recent returns from MFs and equity are mouth watering. Pundits have started digging history to show that its danger zone ging ahead. And this gives rise to question – Is Equity – Your best investment long term? If yes how to invest more and make money? Or simply a long-term investment in mutual fundsRead More
Sukanya Samriddhi Yojana – Updated Details
My daughter Gauri, is learning advanced features of MS Word and wanted to type some documents as an assignment. She approached me and I suggested, her to help me out. I handed her some notes and paper cuttings and here she is with her first 500 words on – Sukanya Samriddhi Yojana. She has experimentedRead More
Transfer Your EPF To NPS – Details & NPS Performance
In the budget of 2015-16, the government had announced that they will allow funds to be transferred from Employee Provident Fund EPF to NPS or National Pension Scheme. Finally, this has arrived, now you can Transfer EPF TO NPS. This is like one-way portability between two different superannuation schemes. And finally this last Monday, 06Read More
7 Habits of People With Excellent CIBIL Score
When you are just about to achieve one of your life goals or a dream, and suddenly the bank says NO for a loan. Because your score is too less to qualify for a loan. Things come shattering and mistakes done in past especially the financial ones start running like a movie in the brain.Read More