Make Your Money Work For You
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Everyone likes to make plans for the future. Planning ahead of time is an excellent idea for anything, from daily tasks to vacations. We even make an effort to arrange our yearly or monthly budgets. But not everyone is equally motivated to make retirement plans. A lot of us overlook the significance of retirement planning …
A recent poll found that ten years ago, tenants in important cities such as Bengaluru, Mumbai, Pune, Chennai, Hyderabad, and Delhi would rent nine times before purchasing a property. Today’s younger generation buys after renting just four or five times in their lifetime. For instance, in Bengaluru, the typical age of first-time house purchasers has …
One’s age or risk tolerance may have an impact on the mutual fund (MF) plan they choose. Creating an age-appropriate mutual fund portfolio will assist you in reaching your objectives. Let’s examine how investors might utilize mutual fund schemes to achieve their objectives at different stages of their life. Investing in your 20s: It is …
“Do Nothing” is the straightforward reply to this question. In a perfect environment, if stock prices are at an all-time high, plummeting, or gliding sideways without making sense, you just ‘ignore’ these moves.You’re an investor in mutual funds, not an equities trader. You pay the fund company a sizable sum of money in costs specifically for …
It is evident that today’s youngsters do not possess financial awareness. Youngsters believe that money mysteriously appears in their parents’ pockets to provide for their requests. If you have spent years and years of your hard-earned money to make sure your child has the greatest higher education possible and you can only see that they have not …
Everyone has this million dollar question in them – “Which is the next biggest multi-bagger stock”? Or “Which is that one stock in which I can invest in now and forget it, so that I could see it later after some 30 to 35 years and then pass-on the wealth created from that stock to …
The key points to keep in your mind while redeeming your mutual fund investments, so that you can get the optimal returns is as below: Goal-based redemption – If your mutual fund investment is for a specific purpose, like buying a house, paying for education, or retiring, you should think about selling the funds when …
Millions of Indians fight an arduous battle every day, Monday through Friday. Starting at 9.15 AM, the battle lasts until 3.30 PM, and then it starts over the next day! What precisely is the war over, though? It ultimately comes down to determining a stock’s fair value, which is arguably the most perplexing of all …
The old tax regime has four tax slabs: Income Slab Tax rate Up to Rs. 2.5 Lakh No tax Rs. 2.5 to 5 Lakh 5% Rs. 5 to 10 Lakh 20% Above Rs. 10 Lakh 30% If net income after all deductions and exemptions does not exceed Rs. 5 lakh, there is full tax relief …
Everyone of us would be knowing about Charlie Munger. But just in case anyone reading this article is not aware of Charlie Munger, let us just see a brief introduction of Charlie. Charlie Munger was Berkshire Hathaway’s former vice-chairman and second-in-command to Warren Buffett. Serving as Buffett’s closest business associate and “right-hand man” for more than …