Mr. Vinod Mennon, 32, who is an engineer by profession, seems to be very organized in his work. But when it comes to investments and savings, he has a very laid-back attitude. Managing his personal savings and investments is not in his priority list, though sometimes he gets worried because of the tax outgo from
In Today’s complex environment of investment, it becomes imperative for an individual to be financially secured in case of mishappenings or emergencies. Preparing oneself from unforeseen events is an important part of Financial Planning. Contingencies or emergencies can be of various types commonly being Job or Income Loss, Accident, Medical emergency or Death To create
Mutual funds are one of the best way to accumulate wealth in near or long term. Indian Investors have a clear tendency to check the returns and then decide upon the scheme. But there are various other things which must be taken into consideration. As with any investment, a fund’s past performance is no guarantee
Failing to Plan is as good as Planning to Fail” As much as we hate to admit it, planning is an integral part of our lives, not just in our finances but in every aspect of our lives. Therefore, it’s better that we start planning early rather than regret later. What is Financial Planning? In
Why have Equity markets rallied recently? Indian Equity markets have rallied extremely robustly in the last 6 to 9 months, especially towards the lead up to the General Elections. Several reasons can be attributed to the bull run up in equity markets, which have been discussed in excruciating detail by everyone. Suffice to say that
Lets see what is profit and loss account which is basic and main part of accounting and essential for any analyst to understand Profit & Loss Statement Account Any company in India formed under the Companies Act, will have to publish its Annual Report which has two primary accounts important from an Investor perspective i.e.
Mr. Ravi Sharma, an Engineer by profession was diagnosed with typhoid in June 2014. He had to be admitted in Cardinal Gracias memorial hospital at Vasai for 8 days. As he recovered from high fever, another issue griped his senses. The issue was payment of hospital bills. His total bill for 8 days was Rs.85,000.
Mutual funds offer you the opportunity and option to invest in various asset classes like Equity, debt, gold, currency etc. There is a plan for every need of an individual based on each individual’s risk appetite. We all are aware that, for any common man, among all other asset class, equity is the only and
When Mrs. Goyal invested for the first time in a mutual fund scheme, she was unaware about the features of the scheme since she invested on the recommendation of one of her family friend. It so happened that after a year when she decided to withdraw her money for a particular family financial need, she
In today’s scenario, when it comes to investments, many people look for short term avenues to park their money. If one is looking for investing a lump sum amount for a short term, i.e. for a period of 6 months to 3 years, one has many options like, Fixed Deposits, FMPs (Fixed Maturity Plans), Debt