While we are a free country and very democratic in almost every walk of life, how many of us can say with confidence that we have attained financial freedom as well ? Money helps us sustain our daily living yet most of us struggle with basic personal finance decisions and healthy financial planning. So, fewRead More
Indian stock markets in the doldrums : What should you do now ?
Tomorrow’s headlines in leading dailies will probably read – stock market crash india dashes middle class dreams of investors ! Yes, the Indian stock market crash of 2011 is leaving many investors jaded and shaken up. In these tough times, many investors are asking what was the cause, what does it mean to their financial planning,Read More
Is Life Insurance for Single Necessary ?
Is life insurance for single people necessary ? If you are single, do you really need any protection ? The answer is no in many cases but it could possibly be yes in many others. Generally, a single person wakes up to the need of life insurance after he gets married but this is generallyRead More
How to Get Out of Debt Quickly on Your Own
Do you know how to get out of debt on your own in a fast way ? If not, read on to find out how. Debt can come in many forms – home loans, personal loans, credit card debts – all of these can put your financial planning in a disarray if not handled inRead More
Section 80 Income Tax Deductions
Saving income tax every year is a cakewalk for some while a nightmare for the others. Most of the Indians use up Section 80C deductions to save income tax. But beyond the 80C deductions, the income tax act has other Section 80 income tax deductions that can be used to your advantage as well. Let’sRead More
How Much Gold Allocation in Your Portfolio?
Given the rate of return of gold in the last few years, do you think the gold allocation in your portfolio needs to increase ? Does your financial planning philosophy say that the maximum gold which should be present in your diversified portfolio should be 5% to 10% and the rest should be other assetRead More