The Chennai-based certified financial planner doesn’t like the idea of home loans. Since EMIs become such a large chunk of the monthly expenses, a home loan takes away the dreams an individual sees in his 20s, he says. No wonder, save early and save more is one of his success mantras.
Stringent conditions make taxation benefits for those above 75 years of age pointless.
"Covering health, life and crucial assets, such as house and car, holds key to financial independence."
In addition to provident fund, have an exposure to equities early in your career for long-term wealth creation so that you do not have to diminish your corpus for one-off expenses like weddings and a child’s higher education.
Many of these have not only contributed richly to India’s development, but have become MNCs in their own right, touching economies around the world
The trader-turned-investor leaves behind a legacy of taking the cult of equity to the masses in his inimitable style
A caring family, a frugal life, investing wisely, and good karma are the foundations for one’s financial freedom.
Swarup Mohanty, CEO of Mirae Mutual Fund, has taken a disciplined asset allocation approach with annual reviews to achieve his post-retirement basic goals, as well as pursue his passion for travel and music.
Your lifestyle today is key to achieving financial freedom tomorrow. So avoid the temptation to upgrade your lifestyle with an increase in income
This festive season, before you shop, understand whether it's a need or a desire to purchase, take a step to save now and buy later, do the math behind deep-discount schemes offered, and more suggestions.
After you get health insurance and an emergency corpus in place, make sure you invest in equities. Avoid fads of the day. As India gets ready to celebrate its 75th year of Independence, it’s important for her citizens to also be financially free. Save, invest and spend, but do not overspend.
Don't get perturbed by the noise around interest rates. Keep track of the trend and directional shift, if any, for this could affect overall portfolio returns
DIY (Do It Yourself) investing has been on the rise, especially among young Indians. In this special series of Independence Day, hear from Varsha Bhawnani, a practitioner of functional medicine and an equity investor on why she bit the DIY bug and what her journey has taught her.
Indians who have crossed the milestone of 75 years share their financial triumphs and regrets during their younger days as well as silver years. Learn the right money lessons from their experiences to ensure a clear pathway towards financial freedom.
The key to long-term wealth building is through regular and systematic savings. This can be accomplished by smaller amounts that systematic investment plans of mutual funds allow
Financial freedom can be achieved by following good financial habits, proper planning and investing.
Majority of the young professionals today - including college students and graduates who are just about to become a part of the working population, define financial freedom as one of their future goals
The process of opening a PMS account is not easy. You need to sign many documents, many of which are 40-80 pages long. Also, a designated demat account, where your PMS provider can buy and sell securities on your behalf, needs to be opened.
The tax department interrogated Jinesh Gopani, head of equity at Axis AMC, and Pawan Jhangiani, a dealer at Axis AMC, during search operations carried out over the past month, according to people aware of the matter.
Coal India's jaw-dropping Q1 results have got CJ excited for what lies ahead for the stock but Santo believes that the anti-ESG brigade and PSU tag will not let stock see its record highs anytime soon. Watch the duo debate whether Coal India should be fancied by long-term investors or not. Plus the duo share their thoughts on Hindalco, IndiGo and SAIL.
Sanjeev Govila is a retired colonel who studied financial and investment planning and now runs a firm called Hum Fauji Initiatives that exclusively helps the armed forces in financial planning.
In today’s world ‘raksha’ means more than physical security and includes financial security. This year, gift financial well-being to your sister
Can you make partial withdrawals from National Pension Scheme (NPS) before retirement? When can you partially withdraw from an NPS Tier-1 account? Can you withdraw your entire corpus at retirement? Watch this video to get the answers
Using technology and research, some online distributors and fund houses now offer variations to a SIP. Value SIPs (invest more when markets go up and vice-versa) and top-up SIPs allow you to periodically change your SIP amounts. The aim: to outperform the market.