Time and again, Rahul is confused about his investment choices. He is not really sure what can he do about it. He now has a bloated portfolio with all kinds of instruments scattered around. At last he came visiting. “What do you want your money to do for you?” I asked. There was a pause. […]
Pension Plans or Wolf in Sheep’s clothing?
Who doesn’t want a safe monthly pension post retirement? And if there are promises and guarantees, nothing better than that. Insurance companies take advantage of just this desire in you to offer you Pension Plans. Or, as I call them – wolf in sheep’s clothing. A reader (let’s call him Vivek) too has bought a […]
NPS (National Pension Scheme): NPS withdrawal made 100% tax free
This is the headline of one of the popular newspapers. What’s wrong with it? Not just one, there are other media outlets, which have something similar to say. Government makes NPS withdrawal 100% tax free. Entire NPS withdrawal at retirement is tax free now. Again, what’s wrong with the above? Simple, none of these is […]
Mutual Funds for Beginners – Old lessons for new investors
The rising popularity of mutual funds has got more investors interested. They are now asking questions and making comparisons to other investment products. Mutual funds for beginners is a comprehensive list of resources for new investors to clear doubts and provide answers to questions. For others, this is a good recap of what you have […]
The truth about no income tax upto Rs. 5 lakhs – Budget 2019
There will be no income tax payable by individuals whose taxable income is upto Rs. 5 lakhs. This is the announcement made by the Finance Minister as he presented the Interim Budget 2019. Unfortunately, many individuals read this as the income tax slab revision and hence no one pays tax upto Rs. 5 lakhs. Here’s […]
What is the ideal tenure for STP?
Loss is painful, specially if it happens immediately after you invest. That’s why you choose an STP or Systematic Transfer Plan to take exposure to equity funds. The confusion is what is the ideal tenure for STP? Here is a guideline you can use. Suppose you have lumpsum money to invest and you are keen […]
