Among the best practices followed by the top investment managers, tax is an important aspect to be considered. It is common to see advisors in the West talking about pre-tax returns and more importantly post-tax returns. However, in India, we do not talk about post-tax returns when talking about the returns of the investment portfolio.…
A report titled Rent vs Buy: a Personal Finance Perspective by ArthaYantra, company that provides personal finance services, shows that though traditionally buying a property is considered better compared with renting, the reality may not be so. Usually, buying a home is considered to be a means for financial security and creation of wealth whereas…
The current economic uncertainty combined with the inflated real estate prices makes the Buy or Rent decision tougher for a common man. Zero or negative growth in incomes, higher interest rates and shrinking carpet area for the same money make a strong case for a personal finance driven rather than emotional Buy or Rent decision.…
Table of Contents Summary 1. Introduction 5 2. Methodology 6 3. Assumptions 7 4. Findings 4.1 Historical data of Real estate prices 8 4.2 Property Cost vs Rental Value 9 4.3 Down Payment 11 4.4 Area 12 4.5 Rent to Buy Ratio 13 4.6 Break Even Horizon 14 4.7 Comparision with 2012 15 5 ArthaYantra…
Take the equity route for children’s education if the goal is at least 15 years away; investing in debt alone will result in a lower corpus Mumbai-based Pushpa K and her husband have started saving for their children’s future requirements, primarily higher education, a goal more than 15 years away. They have started systematic investment…
To save tax, a lot of investors end up buying instruments that are quite useless and expensive Between December and March, employees go on an overdrive to save tax. A problem Nitin Vyakaranam, chief executive officer of ArthaYantra.com, realised when giving a talk on financial planning to a company. Even the junior employees with salaries…
For Indians, owning a property is not just about investment but it is stereotyped as an achievement that is associated with their growth, self-pride and respect. This emotional attachment to house buying may overpower the real financial calculations and may put the buyer in financial risk. Explaining this scenario, ArthaYantra CEO Nitin Vyakaranam says, “In…
In this day and age, most of us have net banking accounts and some of us have multiple of them. It becomes essential that we take precautions while accessing them and knowing what the bank has to offer on a regular basis. We cannot turn a blind eye and use the bank accounts just to…
In early twenties with our first job introduces us to financial decision making. Banks and financial services industry salesmen start approaching us to take products that we may or may not need. Most of the decisions which we take during our twenties are driven by peer effect. During this time we are influenced by the…
