Summers in India are fast approaching and if you plan to buy an Air Conditioner (AC) to beat the heat, then here is a quick “how to spend your money wisely” guide on the same. I ended up writing this when I realized that we often shop for a lot of consumer durable products withoutRead More
Miscellaneous
Profile of top 10% richest Indians [infographics]
Here is a snapshot on the top 10% of richest Indians. It shows where they live and what they consume. This is based on the book “How India Earns, Spends and Saves” which is quite an interesting eye opener on how we go about our daily lives. Maharashtra seems to be the city where mostRead More
New income tax slabs; expensive homes and stooping low ads
Direct Tax Code (DTC) with new amendments ? The Direct Tax Code (DTC) bill, supposed to be implemented effective April 1st 2012 and which has seen its fortunes swing from one end to the other might bring some relief to tax payers this year. The government is contemplating tweaking the income tax slabs and takingRead More
2 Basic Rules of Financial Planning
2011 has come and gone and investors might be sitting back and contemplating on how their investments have done. The 2011 year has been a great teacher of sorts to me. I learned the basic tenets or basic rules of financial planning (again) which I want to share with everyone. We often get carried awayRead More
What are Your Personal Finance Wishlist
I loved the year 2020 or 2008. My mutual fund investments zoomed down in the ground with the stock market; my single ULIP sold to me 11 years back decreased approximately 10% in value; inflation and prices zoomed the other way up above; my 1-year-old kiddo began to like more and more varied clothes ofRead More
What is Gold ETF and How to Invest in it ?
The festive season is upon us and Indians will fall over each other to buy gold, never mind the prices. While physical gold is favourite among the masses, there exists a better way to invest in gold – gold Exchange Traded Funds as they are called. Gold ETFs have been a success story around theRead More