When equity markets fall, there is always a temptation to exit equities for the time being and enter back later at lower levels. To be fair, intuitively it does make sense. The thinking usually goes along the lines of.. “There is some bad news (think covid, war, inflation, subprime, bank crisis, etc). The market has…
If you are paying off a loan (say a home or car loan) and suddenly find yourselves with some extra cash, you might be wondering whether to put it towards paying off the loan or investing. It’s a tricky choice, but we’ve got some insights to help them make the right decision. There are basically…
HAVE A 7+ YEAR INVESTMENT TIME FRAME: Source: MFI, FundsIndia Research. As on 30-Apr-22. Nifty 50 TRI Inception date: 30-Jun-99. DIVERSIFY YOUR EQUITY PORTFOLIO USING 5 FINGER STRATEGY PREPARE MENTALLY FOR THE 3 COMMON POINTS OF FAILURE INCREASE YOUR SIP AMOUNT AFTER EVERY 1 YEAR! Thus following 7-5-3-1 rule, you are sure to make significant…
Almost all salaried people in the organised sector get a house rent allowance, which is roughly 50% of the basic salary. An individual living in a rented accommodation can claim exemption for the rent paid, but this exemption is subject to certain conditions. The exemption is the lowest of the following three: 50% of basic…
Many of the decisions we take are based on our experiences with the past. From daily decisions to one-off decisions, most of the time we reflect on the past before we finalize something. As an example, when we go out for dinner, we decide whether to go based on the quality of the food last…