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
SIP
Franklin Templeton Good EMI Freedom SIP – A Review
I don’t think that any of our readers would be without a SIP running for him. One of the basic tenets of our advisory and the best way to accumulate wealth is SIP or Systematic Investment Plan. SIP works best when it is tied up to your future goal. It is like an EMI forRead More
Will Rupee Cost Averaging (SIP) Make You Rich? Full Details – Part 2
In part 1 we covered how Rupee Cost Averaging works in practical investment scenario. But Lump Sum investment is also another way and particularly what to do when you have money at hand, to go right now and invest? So, let’s go more in detail on these 2 strategies and find a way to dealRead More
Will Rupee Cost Averaging (SIP) Make You Rich? Part 1
When it comes to investing your money, there are primarily two strategies you can use: lump sum investing and Rupee Cost Averaging (Commonly called as SIP). Both of these come with advantages and disadvantages. In this post, I will walk you through both, showing you why you might choose one over the other and ideally,Read More
Best ELSS Funds & Why to Invest in ELSS Funds
The ELSS is no doubt the one of the best option to avail tax benefit under Sec 80C of Income Tax Act 1961. If you are still in doubt this article will try to explain the benefits through some pictures. The Equity Linked Savings Schemes or ELSS are pure Equity Diversified Funds. So they bringRead More
15 Age-Old Rules to Prosper in Long Run
All of us need substantial money to fulfill current and future responsibilities, but we need to achieve them by staying stress-free too. Otherwise what is the use of money if we constantly visit hospitals or have spoiled relationships? Hence the points mentioned below have proved that if implemented , a person will have a stressRead More