All company CEOs and MDs narrate to their shareholders and investors with their annual financial reports. Generally, all words of wisdom are written in a dull and corporatize language which got boring public relation type material. No one intends to read them. But, here legendary investor Warren Buffet has different story released his annual letter […]
Are your savings enough to meet your goals?
Vinit Gulati aged 31 is a probationary officer with a leading PSU bank at Jaipur. He keeps getting transferred every 3-4 years. His wife Ruchika is a homemaker and they have a 5 year-old daughter Udi and a 3-year old son Ritesh. The family includes Vinit’s parents. Vinit’s father, 55, has pensionable job with leading […]
5 Best Tax Planning Funds 2014
Most taxpayers ignore tax-saving mutual fund schemes as they could not see the stock market movements, hence they are happy with risk-free instruments such as 5 year tax-saving fixed deposits and public provident funds offer just 8-9% return. In the mutual fund industry parlance, equity-linked saving schemes, or ELSS are called as ‘Tax Planning Funds’ […]
If you buy Unit-linked insurance plans, Read fine print!
You keep hearing about popularly known unit-linked insurance policies are the most mis-sold product thanks to offer triple benefits such as life cover, tax savings and wealth creation. All these benefits may hold true, if you understand the complexities of the product and do not treat in as short-term play. Unfortunately, most of investors have […]
Align Financial Goals with Tax Saving Products!
Mayhem of the tax-saving investment season has come again. It always falls during January to March in every financial year. With less than two months left, for Indian investors have had vast number of tax-saving investment products is available in the market where they feel confused, scared and helpless. And the most of them are […]
Extended Health Cover with Top Up Plans!
Average people take their health cover range between Rs1-3 lakh. But, with rising frequency of medical costs faster than inflation, this basic cover may not be sufficient, if something gets some serious illness, even a massive heart attack could eat your wealth range between Rs5-7 lakh and a serious accident can burn a huge […]
Want a Cheap Loan? Pledge Fixed Deposits
Fixed deposits are one of the most darling instruments among investment avenues for every risk-averse investor where they park their substantial amount for a stipulated time period and get a fixed rate of interest which remains locked till the duration of their investment. But, at times, we may need some money in the wake of any […]
Opportunity Cost of Life Insurance Endowment Plans
Insurance agents tend to try to confuse you by combine insurance and investment as a way to invest for your any financial goal such as child’s education and marriage or for retirement planning. They would tell you the combined benefits that the investing component serves as forced savings, saved for taxes and life coverage. But, […]