December and January are considered the merriest months of the year. We have Christmas followed by New Year and Sankranthi. These occasions marks the happiness by bringing friends and families together. Though this happiness is unparalleled, the effect of not planning your financials during this time is going to have a drastic effect on your…Details
Most of the young generation in India thinks planning finances is an old man’s game. But by doing so you are losing money at your own risk. It is always in the best interest of an individual to start planning their income and expenditure from a young age. A rupee invested today is worth more…Details
When it comes to life insurance, In India, we mostly hear about calculating the insurance requirements using Human Life Value (HLV) method. HLV takes into consideration only the income of the individual. By considering only the income, the HLV method makes multiple assumptions that are not tenable over a long term. Some of the assumptions…Details
We find numerous theories and papers around this one of the most discussed topic: Why Retail Investors always lose money. Some of the common perceptions around say they buy at high and sell at low; they enter the markets when they are peak, and they are equity averse. But if you look at it closely…Details
The research aims to understand and analyze the personal finance habits of the middle income professionals in India. Their financial decisions today would determine their future financial strength. The study was conducted on over 2000 salaried professionals. The personal finance readiness of a salaried professional defines the likelihood of one meeting all his goals in…Details
Macro economic conditions across the world seem to hinge on the political changes in some of the major economies.
The third quarter of the financial year has seen sluggish activity on the economic front. While discussions around the fiscal cliff measures by United States took the front seat, the on ground situation showed some good signs. Rising non – farm payroll employment, home sales and house prices along with revised GDP numbers for third…Details
The capital markets across the globe ended the year 2012 on a fairly stable note when compared to the highly volatile nature they displayed at beginning of the year. Discussions and hopes around US fiscal cliff deal played their part in deciding the market movements during the month of December. However, investors seem to have…Details
The industrial production numbers on China and US are expected to drive the commodity prices in February.
The prices of oil and base metals followed the hopes and reports around the growth prospects. During the first week of December, oil recorded gains on the back of accelerating economic expansion in United States. The optimism was further strengthened by deal on a new debt target by Greece and U.S lawmakers would reach an…Details
Though gold continued its winning streak in 2012, it failed to match the returns of the last two years.
The yellow metal extended its winning streak to 12 years by closing on a year on year profit in December 2012. But gold did lose its fame of being safe haven during the volatile market conditions. During the first week of December, Gold capped its biggest weekly drop in more than five months on…Details
The most important date in salaried professional’s financial life is 31st March. It is the day which drives us to hurry and save for tax deductions. Our research shows that lot of salaried professionals either under utilize tax incentives or over invest in Tax planning instruments. In both cases, you lose your hard earned money.…Details