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…
Read More I can invest Rs 50,000 (50K) per month. How to start?
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…
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…
Read More How Can You Boost Your Chances of Getting Approved for a Home Loan?
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…
Read More How a Good CIBIL Score Helps You Get a Personal Loan Quickly?
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…
I am no economist. Nor do I intend to be one. But I do keep an eye on all things money. And one thing cannot go unnoticed that India’s Forex Reserves have been growing steadily over the years. India’s foreign…
Read More Does India need a proper Sovereign Wealth Fund (SWF) now?
Just yesterday, RBI informed us that India’s inflation is around 5.59%. To be honest, that doesn’t sound like a nightmare (that people in Zimbabwe have gone through - read here). But when you compare it with the ever-so-safe bank FD…
When we Indians start earning for the first time, the first brush with savings happens via EPF deductions. Your salary is automatically deducted and some amount goes towards your EPF corpus. Then comes the first tax-saving season. When we wake…
Read More 7 Best Investment Options for Salaried Indians (2021)
Recently, I was talking to a relative about how he managed money when I realized that despite being young, he was somehow not too convinced about the potential of equity for long-term wealth creation. So I thought I will try…
Read More Power of Equity – Simple example of Wealth Creation
When it comes to putting money in an emergency fund, I suggest you don’t focus on returns. I know you may feel that your money should work hard and earn good returns. But when it comes to an emergency fund…
Read More Don’t Worry about Returns from your Emergency Fund
I was recently quoted in Economic Times WEALTH (mid-July 2021) in the Q&A section where a panel of experts answers reader's questions related to any aspect of their personal finance. Here are a reader asked about what to do with…
Read More Quoted in Economic Times: Ask The Experts (July 2021)
How to earn regular income from high dividend stocks? For many, this is a dream. To have a large enough portfolio of stocks and live happily ever after on dividend income. I love dividends too. In fact, it was dividends…
The Cost Inflation Index (CII) for the Financial Year (FY 2021-22) and AY 2022-23 is 317. For the previous FY 2020-21, the CII Number was 301. The CII Number for the last 5 financial years is FY2021-22 (CII is 317),…
How large should your Emergency Fund be? And where to put your emergency fund money? These are 2 main questions that you should answer with respect to your emergency fund. Now I am sure that you know what an emergency…
Life is too short to save everything - I came across these words in the title of an interesting article (link). Immediately I knew I wanted to write on this topic. More so after my experience with Covid-19. Due to…
