Mutual funds are great way to create wealth. However, there is a big difference in what return mutual funds generate and what return investors get. This is an attempt to bridge the gap between mutual fund returns and your return by avoiding some common mistakes. Some mistakes commonly made are: Trying to time the market …
In our earlier video (Why NRIs should invest in India) , we discussed why India remains a compelling investment destination for non-resident Indians. Based on our earlier video, we receive how NRIs can invest in India. We believe the best way to invest in India is through mutual funds. Refer to the NRI section of …
The roots of education are bitter but the fruit is sweet – Aristotle The biggest satisfaction for parents is to see their kid’s well educated and well settled. That’s mission accomplished and a big relief for parents in their retirement years. Many times I meet parents of successful people and I feel a sense of …
Planning for kid’s education- go mutual fund way! Read More »
An investment in knowledge pays the best interest – Benjamin Franklin I studied in a government school where semi-annual fee was 57 rupees. Later on, I qualified to study at one of the IITs, considered the best engineering college in India. During those days (around 20 years ago) the total fee for the 4 year …
Plan for kid’s education- How much will it cost? Read More »
I know of a case where a person who was a diligent investor died and his family was totally in the dark about his investments. It was harried few months for the worried family to find all info on his investments. He not only made a mistake in keeping all his investments to himself but …
A few weeks ago, we wrote about how debt oriented mutual funds are more tax-efficient than bank fixed deposits. The other day a friend told that fixed deposit rates are falling every day. Indeed, with bank fixed-deposit rate hovering around 6.5%, post-tax return of fixed deposit or interest on saving account balances is quite low, …
An idiot will never learn from his mistakes, a smart person will learn from his mistakes, but a genius will learn from other people’s mistakes – Unknown Recently, I had a rude shock. While filing my income tax return, I checked my 26AS statement. This is a place where we can see all the taxes …
Most of the time people looking to invest get bogged down with what return should be expected. Instead of looking at the big picture, we waste time about timing the market (elusive dream of buying at the market bottom and selling at the peak) and high growth. The equation of effective investing is quite simple, …
Most of the time when people look to invest in equity mutual funds, they ask what return should they expect. Unlike other popular investment options like PPF, fixed deposits etc, where investor has good idea about what return to expect, there is no guarantee for a particular level of return from equities. Lot of people …
Over the last 6 months, a few of my friends were laid off. They are in late 30s and early 40s. They are well educated and have worked at some of the best firms in the world. However, despite their best effort over the last 7-8 months, they have not been able to find suitable …
Prepare for the financial challenges coming your way Read More »