Just like you delay your investment decisions in your financial planning, do you also delay investing your salary each month in the right investment avenues ? If yes, you are not alone. A whole lot of investors are used to accumulating their salaries each month in their bank accounts as they do not know whatRead More
Who Should BUY Life Insurance ?
Have you ever been confused as to whose name you should take a life insurance policy on ? You argue that it is for the future of your family, wife and kids, so it needs to be on their name. And you think that it’s really a no brainer as to who should buy lifeRead More
Loan to Value (LTV Ratio)
If you are planning to buy a house in the short term, LTV Ratio or Loan to Value Ratio is something that is going to add to your misery. RBI (Reserve Bank of India) has come up with a new rule that might derail your short term plans of owning a dream home. The guidelinesRead More
New income tax slabs; expensive homes and stooping low ads
Direct Tax Code (DTC) with new amendments ? The Direct Tax Code (DTC) bill, supposed to be implemented effective April 1st 2012 and which has seen its fortunes swing from one end to the other might bring some relief to tax payers this year. The government is contemplating tweaking the income tax slabs and takingRead More
Should You Save for Retirement or House ?
Sometime back I ran a poll to check on what are investor’s biggest financial priorities in life. The results have led me to ask another critical question – whether investors should save for retirement or buy a house with money that they have today. Saving for retirement or buying a house were the top twoRead More
Importance of Having an Emergency Fund
“Why do I need an emergency fund?”, queried Nitin incredulously as he sat opposite to me. “I need money for more important events in my life!”. Nitin’s financial planning was in tatters. He was staring at huge challenges in his life – no planning; loans piling up thick and fast and no money left forRead More