Why I am writing this Recently, a political party tweeted about the stock market. It said the market has been falling for a month and investors have already lost about ₹17 lakh crore. We see such headlines every time the market falls. “₹X lakh crore wiped out.” But does a fall in the index really…
Most people would do SIPs in 7 different mutual fund categories and treat all 7 the same way. They would invest the same amount in every category, no matter what’s happening in the market. That’s where we often go wrong with our mutual fund investment, I think. Here’s the rule I actually follow Every fund…
A few weeks back, one of my subscribers asked me a simple question. He wanted his money to be safe. He wanted 8% returns. And he wanted to withdraw it in two days if an emergency came up. Sounds reasonable, right? That’s what I thought too, until I actually sat down and tested it. Turns…
The government has increased the EPFO wage ceiling from ₹15,000 to ₹25,000 per month. Since this news broke, I have been getting a lot of messages from readers who are confused and a bit worried. The question is simple: Does this hike make my PF contribution go up now? And if it does, will my…
