New year as per Hindu calendar started with Navratras, but as per financial calendar, the New Year is April 1. Many things changes from this day in personal finance. So lets us see what will be the 12 new changes in income tax rules from 1 April 2018 through this post. This will help youRead More
What is Equity Savings Fund? Details & Comparison
Equity Savings Fund is a relatively new category of funds which has emerged from the thought that equity can be used as a savings vehicle. We all know pure equity is wealth creator but cannot be relied on for medium-term savings. Hence Equity Savings Fund is a cocktail of few more asset classes to makeRead More
Are the markets in Mean Reversion Phase?
Mean reversion is a powerful way to understand equity investing. When you see markets you are seeing a pendulum in working. Some good happens markets go up 600 points, something bad happens it sheds 500 points. You cannot control that, but surely you can rely on mean reversion to not feel the panic. Let’s seeRead More
2 News Ways of Misselling Financial Products
Misselling is high when markets are doing good. Simple reason, when it is easy to nudge people to invest you can play with emotion and sell crap. Off late I noticed 2 new ways of misselling financial products. These are new trends emerging for internet and present lifestyle. Let us see these new misselling waysRead More
7 Retirement Challenges that Lead to Shortfall
Most ignore it because it is too far. Yes, that’s the story of retirement-related goals. You ask anyone, the priority is today… today’s expenses, this year’s tax savings, next years vacation etc etc. Retirement … a big silence. And, we all know the result. There will be a shortfall in retirement corpus. Shortfall is oneRead More
Cancer Insurance Policy – An Introduction
When cancer strikes someone in the family or social circle then we realize that the risks are real. The family and the patient have to be emotionally strong, and they need a good amount of money to deal with it. It’s a risk to a peaceful planned financial life, hence we have a risk transferRead More