Are you the first-time investor and want to time the market? General tendency of investors is to buy at highs and sell at lows, which may lead to losses. The best option is to add balanced funds in a portfolio which increases allocation in equity when markets decline and limit downside by increasing debt allocation.…
Job Insecurity!! It is the most haunted issue among most IT professionals these days. As a result, the employees are landing into depression and anxiety. After all, a majority of them are employees with kids, a lot of responsibilities, EMIs like home loans, car loans, education loans, etc. Layoffs Pushing Techies Into Depression: Survey With…
A secured loan means, pledging ‘security’ i.e. agreeing to repay the loan on time. They come with many features. It is important to learn about the loan-types, unsecured and secured loans, to make a suitable decisions. Learn the most important things about a secured loan. 1.You will have to pledge an asset with your lender…
The Goods and Services Tax has revolutionized the Indian taxation system. The GST Act was passed in the Lok Sabha on 29 March 2017, and came into effect from 1 July 2017. GST is an indirect tax levied on the supply of goods and services. GST Law has replaced many indirect tax laws that previously…
When was it, the last time that you have been to a social gathering and haven’t heard someone brag about an IPO? It has now become a social status to possess or the least talk about investments and IPO’s. IPO – Initial Public Offers have both winners and losers but by default the issuer is…
Death is certain, but none can figure out when it would be. Depending on your age, liabilities, responsibilities, etc. your family may suffer financial loss when you die. And if you die without a Will, this loss would be magnified. Why let your family suffer? Write your Will today to reduce their distress after your…
Pursuant to the PMLA (Prevention of Money Laundering Act) notification dated 1st June, 2017 issued by the Ministry of Finance, all investors (new and existing) will be required to mandatorily provide / update their Aadhaar numbers for all holders in any folio, before 31st December, 2017. Failing this, the folio would be locked as a…
Being a financial planner, I always believe in risk management as the foundation for an effective financial plan. Anything that can’t be afford to be lost, should be protected. Else, one would end up with a dent on the financial assets or savings. Thus, risk management gains prominence. Risk management provides financial security via financial…
A working mother’s sheer presence is a celebration to a toddler! This children’s day, I decided to devote a bit more time for my 3-year-old. My 3-year-old enjoys me being around, so why not devote a little more time this special day? As usual, our time together will be full of giggles, hugs, kisses, and…
Following a recent amendment in the Prevention of Money Laundering Act (PMLA) Rules, 2017, linking the customers’ Aadhaar numbers to their respective mutual fund accounts has become mandatory for mutual fund houses. An online facility to link mutual fund investments to Aadhaar has been launched by the Registrar and transfer (R&T) agent, CAMS (Computer Age…