Liquid Funds – Hard Working Brother of Savings Account!

Having a healthy corpus of atleast 6 months’ expenses towards emergency funds is always desirable, for it gives you enough cushion towards any unforeseen event in future. However, in absence of much financial awareness, a significant proportion of our surplus cash is parked in savings accounts which generally yield very low returns of 4%, though…

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Keep it Simple, Stupid!

“Life is really simple, but we insist on making it complicated.” Confucius said it once, and one must copy that to the art of investing too. Managing money has to be simple or one tends to deviate from the right track and that’s why the KISS (Keep It Simple, Stupid!) principle finds its way into money…

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Just the Right Time to Invest in Markets – Never!

Many people ask this question, when it is just the right time to invest in markets. If at all, someone asks me, I reply ‘Never’. This might be a pessimistic answer but it is indeed the hard reality. Markets move more on the basis of underlying fundamentals than following rigid mathematical equations. Timing the market…

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Be an Informed Investor!

When it comes to managing our money, lack of knowledge about various investing opportunities available comes in our way to achieve returns that can atleast beat inflation. Ignorance to keep track of your money often allows leakages from your investment portfolio.   Being an informed investor is the most important way to protect your money and…

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Should you Buy or Rent a House?

“Bada ho ya chhota, sapna aakhir sapna hota hai, Aur bangla ho ya ghonsla, apna ghar aakhir apna hota hai.” This is what Shahrukh Khan says in the latest promo of one of the leading housing finance companies. Buying a house might very well be on your priority list, but just chasing the wishlist blindly…

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Investing in Gold!

Investment in Gold is guided more by emotional and social reasons than financial ones in our country. People in India prefer to hold the yellow metal as jewellery which however just makes a couple of guest appearances in few functions and then spends the rest of its life in the bank lockers. However, inspite of its…

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Filing Income Tax Returns

Aditya received notice from the Income Tax Department in respect of non-filing of his Income Tax Return (ITR) during the previous year. The notice had been sent to him on the basis of certain financial transactions performed by him, but due to ignorance of the tax laws, he didn’t file his return earlier. This is…

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Extra Incomes and their Taxation!

Benjamin Franklin said this once, “Nothing can said to be certain except death and taxes.” Income tax laws in the country ask us to report our every paisa of income in the income tax return forms. However, I have noticed many instances where individuals misreport their incomes in their income tax returns, not because they…

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Diversify to Reduce Risks

In older times, it was advised not to put all your eggs in one basket. The modern lazier times have coined a single word for it : diversification. It points to spreading the investments over a variety of assets to reduce the overall portfolio investment risk. Diversification typically helps in reducing the exposure to a…

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Credit Cards – A Boon or a Bane!

The word ‘credit’ is generally associated with someone resorting to pay later for his spends. While the same is certainly acceptable in a commercial transaction, someone doing it for personal expenses reflects the tendancy of an individual spending more than what his pocket can afford. Such a tendancy is indeed disastrous for someone’s financial health….

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