If i am asked this question my answer is Yes.what i realized is many people may not know what things to look at and are ignorant on the same.hence this article if yr parents are conservative and are fixed income oriented you could look at these avenues 1) Short term debt funds/fixed maturity plans(FMP):Many people…
Life as a nonresident in an overseas country is relatively more organized and like some people would put it hasslefree. If your retiring country where you would spend your golden days is India read on. A few key differences one needs to understand to put up a dream life post retirement 1) Tax returns need…
The financial year has almost come to an end.It is an interesting and exciting time for different asset classes. Let us explore the different asset classes where most of us Indians have an exposure to 1) Equity markets :Equity markets see the combination of GST & potential cleaning up of the banking system as a…
Life is a journey.Time flies Every decision we take now impacts the future. One of the key decision we need to take is the education planning for kids. The fact remains that one does not know what ones children wish to be,however the role as a parent is to be financially prepared to the extent possible….
The budget reminds of an Old poem learnt in school written by Robert Browning The woods are lovely,dark & deep.I have many promises to keep The FM wisely has chosen to keep his promises.An analysis of the positives,negatives and what could have made it more interesting is shared in the note below. Economy The govt…
Most of us have a tendency to keep putting off things on the things we want ,like pursuing a hobby,spending more time with loved ones,taking up a sport,doing philanthrophy,social work etc. These things usually tend to get pushed towards retirement planning A few things to keep in mind from a retirement planning point of view…
An element of cheer has been brought into by the RBI decison to reduce rates by 25 basis points. What is the road ahead? 1.We would see a staggered rate cut sooner than latter in the next 3-6 months.It would set the course for next year. 2.Globally crude prices are expected to be range bound…
The new year party is over.What seldom happens is that New year resolutions seldom get implemented.What can be done to make the process more interesting? 1.Make a point system:On completion of a step awarding oneself a point links a positive behavior and helps to reinforce the same. 2.See your goal list daily:Seeing the goal list…
One look at the papers and one would find a lot of deals for all products. How to screen them effectively? 1.Decide what it is you really need:Once you decide what you really need you can say no to the rest of the deals.It helps to focus. 2.Is it really a good deal:Once you have…
We have seen a rise of 29% on an year on year basis this year.What is likely to happen next? 1.Continuing administrative reforms:More reforms are expected to be institutionalized in the next six months like GST,Coal Ordinances ,Land Acquisition bill through Law.If needed a joint session of Parliament would hopefully do the needful.Also the government…
