Parents can't be paying perennially for their adult children's money mistakes. If they do, how will their children ever grow up financially? Isn't it? And helping your children in times of need is fine. But such occurrences should be rare.…
Dev Ashish
Dev is a SEBI-Registered Investment Advisor (Fee Only SEBI RIA). He works with small investors as well as HNI clients across India. If you want to get unbiased, proper and tailor-made financial advice, you can get in touch with him for Goal-based Financial Planning, Retirement Planning, Mutual Fund Portfolio Review and HNI (Affluent) Portfolio Advisory.
Why Fee Only Financial Planner is Best For You?
Till now, you have been getting the so-called free advice from your investment agents (more specifically MF distributors, insurance agents and IFAs). So why am I telling you that ‘Fee-Only Investment Advisor’ or ‘Fee-Only Financial Planner’ better for you? Because,…
Income Tax on Life Insurance Premiums & Maturity in India (Updated 2019-20) – All you need to Know
The real purpose of purchasing life insurance is to avoid tragic stories like this. But many still wrongly feel, that life insurance is a waste of money. But luckily and thanks to our government’s tax-saving policies, they still end up…
Investors, Driving at 210+ Kmph can Kill You
I was reading an old article titled False Profits by Jason Zweig here when I felt that it made sense to be shared with the reader here. So allow me to share parts of the article. I am sure you…
Is Employer Group Health Insurance sufficient in India?
When it comes to health insurance, most people have only their employer’s group health insurance coverage in India. It’s like that the salaried Indians are more content with group health cover which is provided by their employers. As a result,…
A Portrait of the Crore (Quoted in OPEN Magazine)
Recently, I got quoted a few times in a magazine named 'Open' in their Wealth Special Issue 2019. The article was titled A Portrait of the Crore. And you can read it using the below link: A Portrait of the…
NPS Rs 50,000 per year – Retirement Corpus & Pension Calculation
Even though NPS is a product designed exclusively for retirement planning, what attracts most people to NPS is Rs 50,000 extra tax benefit it offers via deduction. As per the current tax rules (2019-20), there is an additional Rs 50,000…
Returns of Direct plans are higher than Regular MF plans
I still get queries from readers asking that does it actually make sense to switch their mutual fund investments from regular plans to direct plans. The simple answer is Yes. And I also tell them that since direct plans of…
F.I.R.E – Is going Very Fast really Good?
Recently, my wife showed me an interesting tweet (link): Overrated: How fast you are able to reach financial independence. Underrated: How enjoyable is your journey on way to financial independence. I was like wow! This makes sense. She was quick…
Benefits of Fee-Only Advice
When financial advice is easily available free (as many believe it) from family, friends, colleagues and online, then what can be the reason for paying a fee for getting it? Many in India think like this. There is a general…
Angry Investor. Good Returns a Birthright. Feature not Bug
Many investors are angry. And many more are just plain disappointed. And why not? All those high returns that they came to identify equity with… are suddenly gone. In fact, just in the recent past, things were so rosy. Isn't…
Cost Inflation Index (CII): FY 2019-20 (AY 2020-21) for LTCG Indexation Calculation (Updated)
The Cost Inflation Index (CII) for the Financial Year (FY 2019-20) and Accounting Year (AY 2020-21) is 289. For the previous FY 2018-19, CII was 280. The CII is used to notify the rate of inflation for indexation purpose in…
Explained – Nifty Indices (Nifty50, Nifty Next 50, Nifty 500 & 10 Others)
There are many popular indices in Indian stock markets. You already know Nifty50 and Sensex and you regular lookup for Nifty live or Sensex live data. But these aren’t the only indices as many of you already know. There are…
State of Indian Stock Markets – August 2019
This is the August 2019 update for the State of Indian Stock Markets. This update includes the historical analysis (since 1999, i.e. about 20+ years) and Heat Maps for the key ratios like P/E, P/BV ratios and Dividend Yield for Nifty50 and Nifty500. A new section on the last 12 month's index movements…
How to use Different Mutual Funds for different Financial Goals?
Can all your goals be tackled using mutual funds? The answer is yes, in most cases. But you need to understand that it is in my best interest to say this as an advisor, I also advise on Mutual Funds.…