Now, that everyone is going gung-ho about value investing and wealth management, have you assessed true worth of your investments? Periodic revisiting is needed for your financial plan to stay updated. This article will give some pointers to assess whether your investments are enough for your financial goals.
Setting of your financial goals
As we are going forward, we are assuming that...
Sarita a 29 year old, holding her newborn baby girl in her arms, looking at that sweet innocent face, she decides she wants to give her baby girl the best, put her in one of the best schools, send her abroad for her higher education, give her a grand wedding, etc.
These are good dreams, no? But is it enough to only dream?
Sarita has big dreams for her child, but those dreams have costs. It is...
The best time to plant a tree was 20 years ago. The second best time is now.” – Chinese Proverb Right time to start retirement planning is NOW! Ideally the day when you start earning we should start saving for retirement. But it rarely happens. Many time we get retirement planning advice but very few people implement the advice immediately. Delays in implementing the retirement plan is...
The concept of Hindu Undivided Family, commonly known as HUF, was derived from the ancient hindu laws. An HUF can be formed with the oldest male member and his wife and children and their spouses. HUF is treated as a separate entity all together, and enjoys the same tax benefits as any other individual taxpayer. As the name states, ‘Hindu Undivided Family’, one may think, this is...
Retirement planning requires careful and systematic planning. As we shift from one stage of life to another, from wealth accumulation to spending phase, we need to change our strategy. It requires us to select and follow right strategy pre and post retirement. In pre-retirement period we need to avoid common investment mistakes which may in turn hamper our post retirement life. To ensure we...