I know you don’t want to, but still, as law-abiding citizens of India, we must still pay income tax. That said, and before we discuss best ways for you to save income tax, let me remind you what I have…
Not Working for Money – Is it the Most Important Financial Goal?
I was thinking about financial goals and what is the most important one. I understand that different people will have different definitions of what's important or not. But if you think about it, isn’t the most important financial goal about…
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The Rise of Mutual Funds App in Indian Market
There was a time, in the mid-2000s (when I started investing in MFs) when it was not so simple to begin investing in mutual funds. Lots of paperwork, cheques, and time lags. But times have changed. With the advent of…
I can invest Rs 50,000 (50K) per month. How to start?
I got a mail from a young reader. Here is the summary: “I am 28 years old. Due to a job switch recently, I can now invest close to Rs 50,000 per month. I already have Rs 10,000 monthly EPF…
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Investing isn’t like speculating in Casinos
Many equate equity investing with gambling. And being in equity markets for more than one and a half decades, I don’t like this idea one bit. But due to this wrong comparison, people don’t give equities the importance it deserves.…
Accept Market Falls, If you want to create Wealth
In the last 23+ years (i.e. in 283 months between Jan-1998 and Jul-2021), the Sensex has ended with negative monthly returns on 118 occasions. This means that 118 of the 283 months have seen negative returns. That is 41.7% of…
Invest Rs 1.5 lakh in ELSS Fund for 10 years, Then Do Nothing till 60 – Results?
Recently, I happened to meet a distant cousin who is 25 years old. We got talking and as usual, we discussed savings (my bad). And about his savings patterns. He was, like many other young people out there, unable to…
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How Can You Boost Your Chances of Getting Approved for a Home Loan?
One of the problems of being an Investment Advisor is that even friends bring up money topics while casual discussions. Recently, I was talking to a friend who is planning to buy his first house. Though he can very well…
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Doing SIP of 1% of Home loan – SIP Trick? (Analysis 2021)
When you take a home loan, you may want to prepay it quickly. I have heard this many times that doing a SIP of 1% of Home Loan Amount can be a good idea. Some refer to it as SIP…
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How will EPF above Rs 2.5 lakh be taxed? With 2 EPF accounts!
Yes, you read that right. You will now have 2 EPF accounts. In a way atleast. It was earlier announced in Budget 2021, that in a given financial year, the government came up with the new EPF 2.5 lakh rule…
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How a Good CIBIL Score Helps You Get a Personal Loan Quickly?
Personal loans can come in real handy if you have a financial emergency and no savings to fall back to. I can go on talking about how wrong it is to not have any savings at all. But, sometimes, emergencies…
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Is Rs 5 Crore Enough to Retire in India (2021)?
Is Rs 5 crore enough to retire in India? Rs 5 crore is not a small amount. At all. And to be honest with you, if your expenses are reasonable, I think that Rs 5 crore would be sufficient to…
5 and 7 years Nifty50 Returns (Detailed Analysis 2021 with 8000+ data points)
What happens when you invest in Nifty50 and stay invested for 5 years? What happens when you invest in Nifty50 and stay invested for 7 years? For most people, the definition of long term is around 5 to 7 years.…
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Home Loan EMI vs SIP in mutual funds (2021)
Home Loan EMI Vs Mutual Fund SIP is one of the many dilemmas that home loan borrowers face. They think where using MF SIP to prepay home loan makes sense or not. There are others dilemmas too. Some questions that…
Should I Reduce Equity % Allocation in My Portfolio now?
Are you worried about the rising markets? Are Indian markets overvalued? Are you unable to understand why markets are hitting new all-time highs when the real economy and things around you look fundamentally bad? There is a constant noise about…
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