Why you should not mix insurance and investments?

Insurance is often sold as a product that provides protection and returns. Avoid mixing insurance and investments – You may end up doing injustice to both.

Read More
Advertisements
Advertisements

3-point checklist before you begin investing

Investing right can be a great way to make and grow wealth. If done right, in long run, investing can help you achieve your financial goals and even financial independence. The earlier you start your investing journey, the better it is. It gives you much more time to let compounding work wonders for you! However, investing, while important, is not the only goal of your financial journey. Here is a small 3-point checklist that you should tick off before beginning your investment journey.

Read More

How much term life insurance should you have?

For a novice, understanding life insurance can be like navigating a maze. It is often confusing to choose from the plethora of life insurance options that are available. Some “experts”/ salesmen say that you should buy endowment plan or money-back plans. Some say, go with plain vanilla term life insurance. How do you navigate this […]

Read More

Financial planning is more than just chasing high returns

While preparing a financial plan for ourselves and our family, we tend to focus on investment part of it. Agreed, it is an important aspect of financial planning, but it is not the only thing. We often tend to get attracted by the investments that give higher returns. However, in the pursuit of high returns, do we lose the sight of other aspects of financial planning journey?

Read More

Best tax saving investment options in India

What are the best tax saving investment options in India under Income Tax Section 80C? Some of the options are – PF, PPF, ELSS, SSY, NSC, NPS etc. How do they perform and are they worth investing?

Read More

Wonders of compounding – How much difference can 10 years make?

While initial capital (principal) and rate of interest are important in compounding process, the thing that actually makes it well wonderfully well is – time. Give it enough time, and see the wonders of compounding! Few years difference can make a huge difference in your compounding journey. How much difference can a head-start of 10 […]

Read More

Tax saving options under Indian Income Tax Section 80C

Section 80C under the Income Tax act of India provides several avenues to save tax. Currently an individual can get tax exemption up to Rs. 150,000 by investing in these instruments. Some of the tax saving options under Income Tax Section 80C in India are PF, PPF, ELSS, NSC, SSY, home loan principal repayment etc.

Read More