Investing in the wrong financial products can be more costly than paying for professional advice on where to put your money. The people who are wealthy (or in simple words, rich) understand it quite well and hence, do have their…
Read More What Happens if you Avoid taking Advice & get into Wrong financial products?
I was recently quoted in Economic Times WEALTH (29 April to 5 May 2024) in the Q&A section where a panel of experts answers readers' questions related to various aspects of their personal finances. The exact question and the answer…
A vast majority of the people have no understanding of the real spirit and more importantly, the technicalities of why Bitcoin actually came into existence. At least some of you who are technically-inclined may have read Satoshi’s original Bitcoin whitepaper.…
Read More Advancements in Bitcoin Technology: Beyond the Basics
Note - Advisory regarding Investor Awareness Dear Reader I am reaching out to you today, with an important message: It has been brought to my notice that there a few entities using similar sounding names (with the word ‘Stable’) to…
I was recently quoted in Economic Times WEALTH (8-14 February 2024) in the Q&A section where a panel of experts answers readers' questions related to various aspects of their personal finances. The exact question and the answer - Here is…
Unless you are an ultra-conservative person, just keeping the money in cash or bank deposits will never help you beat inflation. You have to invest in assets/instruments that have the potential to generate good returns and beat inflation consistently in…
Read More Investing isn’t About Avoiding Risks. But also, not like Gambling
Those who understand the concept of Bitcoin would also know about Halving evenings. The next Halving event is expected around 17th April 2024, when the BTC block reward will decrease (half) from the current 6.25 BTC to 3.125 BTC for…
Read More Historical Role of Halving & Bitcoin Price – Is it Like Gambling?
LIC has introduced new Non-Linked, Non-Participating endowment plan named LIC Amritbaal (Plan 874) on 17-Feb-2024. The policy UIN for LIC Amritbaal is UIN: 512N365V01. The policy is intended for parents who want to accumulate adequate corpus to meet the higher…
Read More LIC Amritbaal: An Exclusive Endowment insurance for Children (2024)
The EPFO has INCREASED the EPF interest rate (Employees Provident Fund). The rates have been increased to 8.25% for FY2023-24. The rates earlier were 8.15% in FY 2022-23. So the answer to your questions about What is current EPF interest…
Read More EPF Rates Increased to 8.25% for FY2023-24 (from 8.15% earlier)
AMFI has come out with the latest update (6-monthly) for its marketcap bucketing to identify largecap, midcaps and smallcap stocks in India for January - June 2024 period (based on data up to 31st December 2023. To ensure that all…
Read More 64.4% Largecap | 17.8% Midcap | 17.8% Smallcap – AMFI Marketcap List (for Jan-Jun 2024)
What is the current interest rate of RBI Floating Rate Bonds or FRSB 2020 (T) for January-June 2024? The current or latest interest rate (2024) on RBI Floating Rate Bonds is 8.05% per annum. This for the period between January…
Read More What is Interest Rate on RBI Floating Rate Bonds (January – June 2024)?
There has just one change in the small savings scheme interest rates for the quarter of January-March 2024. PPF interest rates - No Change (remains at 7.1%) - Possible reason like last quarter- Why PPF rates not increased? Sukanya Samriddhi…
Read More PPF 7.1% | SCSS 8.2% | NSC 7.7% | Sukanya Increased to 8.2% for Jan-Mar 2024
This will be a very short post. Here is a list of Nifty50 returns during the last 12 years. 2012: +27.7% 2013: +6.8% 2014: +31.4% 2015: - 4.1% 2016: +3.0% 2017: +28.6% 2018: +3.2% 2019: +12.0% 2020: +14.9% 2021: +24.1%…
Read More Just ONE Loss in last 12 Years! Nifty From 2012 to 2023
I was recently quoted in Moneycontrol in an article titled Marry Now, Pay Later? Why wedding loans are not a match made in heaven?" Here is the link to the online version of the article - Link
My views on this topic were recently published in Moneycontrol. The best thing to come out of the exercise that the capital market regulator undertook in 2018 to re-categorise mutual funds was standardisation. The definition of large-cap, mid-cap and small-cap…
Read More Should Sebi widen Definitions to increase No. of Large & Mid-cap stocks?
