If you started in January 2013 with Rs 1 Crore in Liquid Fund (say for example - ICICI Pru Liquid Fund) and did a SWP of Rs 50,000 monthly, then to date, you would have withdrawn a total of Rs…
Read More How to Optimize Rs 50,000 SWP from Rs 1 Crore Corpus for Regular Monthly Income?
LIC has launched a new life insurance plan in 2023 – The name of the new policy is LIC Jeevan Utsav (Plan No. 871), and Jeevan Utsav not only offers life insurance but is also meant to generate regular income…
Read More No, You DON’T Get 10% Guaranteed Returns in LIC Jeevan Utsav Plan (No. 871)
It won’t be wrong to say that Artificial intelligence (or AI) has captured the collective imagination like never before. And the whole foundational concept of AI as well as ML (or Machine Learning) has gone leaps and bounds beyond just…
The government has announced a few investor-friendly changes to SCSS Rules. One of the major one is about the number of times one can extend the SCSS account. As per the latest November 2023 amendment, going forward now there will…
Read More No Limits on Number of 3-Year Extension of SCSS Account (Amendment Rule 2023)
Hi everyone Thanks for you support in this journey, Stable Investor has now completed 12 Years!
This post is for those who still don’t feel the need for life insurance and a correct life cover amount. And more often than not, for them, insurance is just a way to save some tax. Buying insurance to save…
Read More In hurry to Save More Taxes, Don’t End Up being Underinsured
Numerous individuals casually draw parallels between equity investments and gambling. But that is not correct. And unfortunately, due to this misguided comparison, equities often do not receive the recognition they rightfully deserve. It is widely acknowledged that, in the long…
The 2nd tranche of Sovereign Gold Bonds 2023-24 has been launched. i.e. Sovereign Gold Bond Scheme FY 2023-24 Series 2 (or Series II). And just to give you a briefer about these gold bonds, the SGBs are government-backed securities denominated…
Read More Sovereign Gold Bond SGB 2023-24 (Series II): Should You Invest?
Those who know about Bitcoin a little bit would already know about the concept of Halving. And with the next Halving event expected around May 2024, it might be interesting to see how historical halving events have panned out. Please…
Read More Bitcoin Halving Event in 2024 – What History tells about Previous Halving Events?
Here is a easy-to-use Home Loan EMI Ready Reckoner for Rs 10 lakh loan with different tenure/rates. You can use it to quikcly estimate your monthly EMIs when you take a home loan: You can also use this free-to-dowload excel-based…
Read More Home Loan EMI Ready Reckoner (for Rs 10 lakh loan) with different tenure/rates
The RBI has launched a new centralized portal named UDGAM (Unclaimed Deposits - Gateway to Access Information) on 17th August 2023 (via link) - that allows common people to search for unclaimed deposits across multiple Indian banks using a single,…
Read More What is UDGAM, RBI’s Centralised Portal to search for Unclaimed deposits (2023)?
As an Indian parent, one of the most important goals is to secure your child’s future. And at times, people end up compromising retirement savings to fund children’s education. In view of the importance that people give to children’s future,…
Read More Why Sukanya Samriddhi May not be enough for your Daughter’s future?
The Indian Rupee is close to making new lows versus the US dollar. And to be fair, this is not something new. Every now and then, there are news items about how INR is depreciating and USD is appreciating. In…
LIC has launched a new term life insurance plan in 2023 – The name of the new policy is LIC Jeevan Kiran (Plan No. 870). It’s a simple a non-linked, non-participating, term life insurance policy but with added benefit that…
Read More LIC Jeevan Kiran (No. 870) Return-Of-Premium Term Plan Review (2023)?
Indian markets are hitting a new all-time high. At the time of writing this post, Nifty 50 was at 19,979 and Sensex was at 67,571 (on 20-July-2023). And those who had the cash and courage to invest in times of…
Read More Nifty at 20K | Sensex at 67K | How to Invest at New All-Time Highs?
