2010 is a watershed year for the investors’ community in many ways. India regained the high growth rate, monsoon was plenty to spread cheer, auto sector saw huge growth, and stock market touched the same all time high of 2008. Quantitative easing in US started in 2010 and its impact will be felt only in… Read More »
Are you more concerned about protecting your capital or do you want higher returns, never mind the risk to your capital? Answering these questions will help you choose the best investment option for your needs. Invest as per your risk appetite. Understand the risk involved in going ahead with the decision and see if it… Read More »
Budget 2011-12 has given a marginal benefit on the tax slab for individuals. However the benefits for very senior citizens are higher. However the expectations that there will be changes in the investment avenues and their slabs have not been met.
As an investor, you should be concerned about the way in which the fund manager manages your fund. If he buys and sells the stocks in the fund regularly, you end up paying more and thus reducing your returns. While this strategy can give you high returns, it is more likely that the fund manager… Read More »
Come February and all eyes and ears are on the Finance Minister and his budget for the coming year. Almost every citizen of the country has his/her own set of expectations that they would like to see being fulfilled in the coming budget.
If you are thinking about putting all your eggs in one basket, better not do that because Section 80C has a limit of Rs. 1 L. That is, if you have made investments of Rs. 1.50 L in the investment instruments mentioned above, only Rs. 1, 00,000 out of it would be eligible for deduction… Read More »
Inspite of NPS being launched for the last 2 years, it has not been able to garner attention of the investor fraternity. Hence to promote it, the Government of India has announced that it will add Rs 1000 co-contribution every year for the next three years for everyone who joins the New Pension Scheme. Those… Read More »
These funds have a lock-in period of three years, which prevents you from unnecessary withdrawals and spending and helps earn a return over time. However, remember to stay invested for longer periods of time to the tune of 10-12 years to reap the best of returns.
Gold ETF, also known as paper gold, is an open-ended mutual fund scheme that invests money collected from investors in standard gold bullion having 99.5% purity. Investors in Gold ETF will have their investment in the form of units of the scheme which is listed on the stock exchange. Each unit of the investors holding… Read More »
Use the bonus points that have accumulated on buying necessities (house hold appliances, clothes, groceries etc.) rather than using it on using it on things (luxuries) that aren’t really important to you. Only if the bonus points are used practically, you are actually saving cash because had to now have the bonus points, you would… Read More »