Oh God...I have spent weeks at my desk. Don’t remember when I took a break last. Are these the words you keep constantly repeating? This means it is high time you took that elusive holiday."Too Many Of Us Are Not Living Our Dreams Because We Are Living Our Fears". So why do you require that holiday? Don’t you want to regain your fitness and rebuild your body? Don’t you want to ...
Everything you want is a Click Away... Remember those Pop Ups asking us to purchase an insurance policy online... We Are The Best Financial Products Available Online And We Know How To Serve You Best ... Protection Of Your Loved Ones Just A Click Away… Remember that Dream house you wanted to Purchase? We have heard the phrase" Knock And The Door Will Be Opened " Doesn’t purchase of ...
We all are burdened by the vagaries of life. Loans simply add to it. Cheer up! Remember the less you have the more there is to get, credit cards are like mosquito’s …you can keep them away for a while but sooner or later they will come back to suck your blood. Here the main factor a person needs to consider is Do I really need a loan. We notice nowadays that people take loans jus...
Direct Taxes 5% surcharge on domestic companies whose income exceeds Rs 1 crore 10 % surcharge on domestic companies whose income exceeds Rs 10 crores Surcharge on Dividend Distribution Tax (DDT) increased from 5 % to 10% Securities Transaction Tax (STT) rates cut on equity futures to 0.01% and for Mutual Funds to 0.001 % Commodities transaction tax (CTT) levied on non-agriculture comm...
Formalities for making a property insurance claim There could be several types of policies that cover property and the property itself could be stationery - like a building, or moving around - like your household goods being transported. When you receive your policy familiarise yourself with the documents required for a claim as well as the procedures to be followed. Whether or not a claim aris...
The process of identification, analysis and either acceptance or mitigation of uncertainty in investment decision-making. Essentially, risk management occurs anytime an investor or fund manager analyzes and attempts to quantify the potential for losses in an investment and then takes the appropriate action (or inaction) given their investment objectives and risk tolerance. Inadequate risk manage...
In the Present Scenario planning is a necessity for everyone. Many think planning is required for only big plans or it is a tool for corporate, but Planning is required for Individuals also, to plan their finances at every stage of their life. Financial planning is nothing but the process of meeting life goals through a proper planning and management of finances. It helps an individual as well a...
It is very important to be realistic in our Money World. Realistic means looking at your Money situation as it is. Generally we don’t tend to look at Money as it is. We take a vague impression and most of the issue is on mind. For e.g.: we need to pay our debts. We know it but we don’t look closely into how much we need to pay. We keep saying that I spend too much but too much does n...
Planning for a secure financial future is not easy task. Yet every individual are in charge of their own financial futures. Most are aware that Investing is critical. Investing is an exercise aimed to ensure availability of right amount of money at the right time to meet one’s financial goals. Before planning for investments it is very important to know the general meaning of investment. W...
There is no doubt the recession is the worst time man has ever faced. It started slowly in the United States and within no time engulfed the whole globe in its clutches and has affected each and every individual be it an American citizen, Indian or British, no one has been spared. There were many things from Indian system which were very less affected by the recession one of them was the Indian ...
Tough times can never be avoided. It is said that tough times don't last, but tough people do. Financial market is a mixture of tough and good times. Even those who are experts in the financial world will face tough times. Financial planning will help us in reducing the depth of loss and to convert the loss into profit. In this scenario, it is important we should not get carried away by the grou...
There are a number of investment avenues in the market for you to choose from. You can prefer the scheme according to your income, risk taking capacity, investment tenure, etc. Age is an important factor in determining the investment that suits you because generally income and responsibilities will change along with age. There are more than 1000 products in the country including Fixed Deposits, ...
Financial Planning offers a coordinated and comprehensive approach in helping you to achieve your personal and reasonable financial goals. Building, managing and preserving wealth is a very important aspect of life. But it is not an easy task. Maybe you have recently retired and are concerned about outliving your Savings. Maybe you are a baby boomer trying to plan for a secure Retirement. Maybe y...
Step1 Set goals. If your objective is retirement, calculate how much you will need vs. how much income you will have when you retire. Step2 Choose a strategy that will allow you to meet your goals. Brokers and others offer varying advice on the best way to allocate assets, therefore talk to financial advisors, read financial newspapers and magazines, and visit financial Web sites. St...
Estate planning is a lifelong process in which you assess your situation and plan for the future. It includes planning for your retirement, possibility of disability, and for death. The estate planning process needs that you consider a wide range of legal, financial, emotional, and logistical issues. Estate planning can be a positive experience, since it involves appraising your situation and pl...
Portfolio managers focus their efforts on achieving the best possible trade-off between risk and return. For portfolios constructed from a fixed set of assets, the risk/return profile differs with the portfolio composition. Portfolios that maximize the return, given the risk, or, on the other hand, minimize the risk for the given return, are called optimal. Optimal portfolios define a line in th...
Even with hints of recovery, it is not easy to scope out the economy's direction and even difficult to make financial decisions for your family in such rough and tumble times. The following strategies can help to strengthen your money management skills. All are designed to give you an edge during the tough times. 1. Evaluate your spending habits Start first by analyzing your spending and savin...
Generally, the more risk involved with an investment, the higher will be the potential return. As a result, the more risk you are willing to take, the more potential your savings have to grow over a long period. Before choosing an investment, you must make sure that you understand the investment, the risk it carries, and how that risk relates to your investment goal. For example, if you are inve...
Financial planning process is for you. To achieve the best results from your financial planning, you may need to be prepared to avoid some of the common mistakes by taking into account the following points : 1. Set measurable financial goals. Set exact targets of what you want to achieve and when you want to achieve. For instance, instead of saying you want to be "relaxed" when you retire or t...
Planning for a secure and comfortable financial future is not very easy. May be you are saving to buy your first home/car. Perhaps starting your own business is a dream. The costs of education have increased and you may wonder how you will pay for your child's education. You will probably live longer. Additional years after retirement can cost more than initially planned. Your EPF (Employee&rsqu...
