Insurance planning is essential. It helps people to manage the potential risk that may come in future. The probability of occurrence of such a risk is bleak, but if it comes it has a high cost implication. This is why it is better to plan from a very early stage. What risks we are talking…
These money facts has power to transform peoples lives. They are not just words, but extracts from real life experiences. How these experiences of life became facts, tells a lot about their utility. People who follow these rules will vouch for it the thousand times. These details would only highlight those essential facts about money…
How difficult it was for people to understand the EPF withdrawal process? In good old days, EPF withdrawal process was known only to the employer. Hence it was not uncommon to find ex-employees being harassed by the employers for their EPF withdrawals. But the cases of harassment was a smaller problem. The bigger issue was…
Who would not love to buy stocks of overseas companies. But is it possible to buy one? Stocks of companies like Google, Microsoft, Apple are dream buys for any investor. But not many people know how to buy their stocks sitting back in India. The success story, and growth prospects of companies like Apple, Google,…
Why I’m talking about monthly income from investments? Because I’m an ardent fan of the concept of financial freedom. For anyone, the only way to find this freedom is to look elsewhere for monthly income. Where to look? Alternative sources (other than job/business). One of the best alternative source of monthly income is investment. “Income…
Prepayment of loan can directly lowers the principal amount. If one keeps the tenure unaltered, lowering of principal amount will directly lower the EMI. This is the way one can make a prepayment and save money. In order to understand how much EMI can be reduced by prepayment, I am providing here an excel based…
What is the utility of a balance sheet for individual? Why a salaried employee must maintain a personal balance sheet? There can be no if’s and but’s in the answer. An individual must maintain a balance sheet for personal use. Why? Because it will assist in keeping ones personal finance in order. What is a…
Explore the benefits of the Loan Prepayment Calculator to understand how prepayments can affect your loan. Just enter your loan details and prepayment options, and you will discover potential changes in EMI, total interest, and savings. This tool is designed to help one make informed decisions to minimize the financial burden. We invite you to…
REIT is an acronym for Real Estate Investment Trust. REIT is basically a company which develops and own ‘income producing’ real estate properties. IPO of India’s first REIT was launched on 18-Mar’19. Shares of Indian REIT started trading from 01st April’19 in Bombay Stock Exchange. In the 3Q ending 31-Dec’2019, Embassy REIT has posted a…
Investment in Ola Uber cabs can be profitable, especially with more trips and longer rides, as shown by ROI ranging from 9.96% to 38.64%. However, profitability depends on managing costs and meeting minimum business guarantees effectively.
How to invest 10 lakh rupees in India? We are dealing with a big lump-sum amount here. Hence, it is better to proceed with caution. Idea should be to generate the ‘expected returns‘ with a “reasonable risk of loss” associated with it. It is important to understand the following concepts before proceeding: Expected Returns: Example:…
The best investment plan is one which not only takes care of our needs but also creates wealth over time. What I’m saying is nothing new, right? Investment advisors have been saying this for years. But the problem comes in its implementation. Buying mutual funds, stocks, bonds etc in the name of investment is not…
