If you are thinking this is a new scam happening for the first time- no. In past also many companies like socialtradebiz.in have duped investor’s money. Lakhs of people who are very much knowledgeable believe in these investments and then are robbed in daylight. On 3 Feb 2017, the Director of Ablaze Informatics with 2Read More
Budget 2017… Everything that Matters to You & Me
Do you know what does TV does to you… It gives you NEWS. And, this is the worst thing as news gives you a superficial CONFIDENCE and not the KNOWLEDGE. If you are really glued to the never ending panel discussions on all the channels regarding budget, please rest your eyes, because we are gonnaRead More
Is LTCG Rules Changing in Equity Mutual Funds? – What to Do?
There is a widespread rumor that the Long Term Capital Gain rule is expected to change in the forthcoming Budget 2017 on Feb 1, 2017. Me and lot of advisors are receiving call whether they should book profits? The current rule says that if you hold an equity mutual fund scheme for one year andRead More
Best ELSS Funds & Why to Invest in ELSS Funds
The ELSS is no doubt the one of the best option to avail tax benefit under Sec 80C of Income Tax Act 1961. If you are still in doubt this article will try to explain the benefits through some pictures. The Equity Linked Savings Schemes or ELSS are pure Equity Diversified Funds. So they bringRead More
What to Look Out in Budget 2017 – Personal Finance Related Expectations
This year’s Budget 2017 will be very important. The year (financial) has been very challenging with Demonetisation taking much of the blame. But now our savings have been with the banks for quite some time and we all look to relief what Budget can do for us in the next financial year. The major portionRead More
Know – Who is an Agent? … & Who is your Advisor? Part 2
The intermediaries/brokers/agents in the financial sector are not law defined, but part of the evolution of the personal finance industry. The industry matured but not all middlemen understood and embraced change. They stuck to old practices and deteriorated the value. Sales pressure, commissions competition, and uncalled promotional offers started making a toll on real advisory.Read More