If you have Rs 1 million to spare, here are 5 portfolio options to generate wealth

If you have Rs 1 million to spare, here are 5 portfolio options to generate wealth

If you want your money to work for you – first thing is to get it out of your bank account and invest in various asset classes. I can’t invest because the market is trading at high valuation? There is too much risk in the market right now? I don’t know how much and where to invest? Do these questions look familiar to you? If yes, then we might be able to help you out. If you want your money to work for you – first thing is to get…

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5 ways to have financial compatibility in a relationship

5 ways to have financial compatibility in a relationship

Couples can work on creating financial compatibility by arriving at a common ground in financial matters such as spending, saving, and investing. This Valentine’s Day, one must not forget that financial compatibility in couples can make or break a relationship. Having a common outlook on money matters helps in creating a safety net. When partners are financially compatible, heartaches arising out of money issues are less likely to creep in. Couples can work on creating financial compatibility by arriving at a common ground in financial matter such as spending, saving,…

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Budget 2017: How it impacts your finances

Budget 2017: How it impacts your finances

All you need to know about the Budget to realign your finances with the new tax rules. Most expected an upbeat Budget post demonetisation, one laden with freebies and fireworks, to give the economy a much-needed push. A balanced Budget is what we got instead. The biggest relief came in the form of lower income tax rate for those earning between Rs 2.5 lakh and Rs 5 lakh. But one man’s gain is another man’s loss. The government has levied a surcharge of 10 per cent for people earning between…

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Stay invested in the Blue Chip Stock – It gets back ‘UP’ and stays ‘Green’ for good.

Stay invested in the Blue Chip Stock – It gets back ‘UP’ and stays ‘Green’ for good.

What are Blue Chip Stocks? Good returns, lesser volatility, stable earnings and high quality are the characteristics of a ‘Blue Chip’ stock. To be precise, a Blue Chip stock is a company that has proved its mettle on the books of accounts over the years. It is the stock of a company that has grown steadily over the years, with the ability to pay increasing dividends. With just so much on the basics of a ‘blue chip stock’, let’s see what it has in-store for the retail investor who is…

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Why costly funds can deliver more

Why costly funds can deliver more

A study of funds with a higher expense ratio reveals that some of these funds’ returns over a three and five-year period are among the best. The expense ratio charged by mutual funds is once again under the spotlight. The market regulator, SEBI, is considering lowering the ceiling for the total expense ratio (TER) from the current 2.5% for equity funds. The TER for many schemes is as high as 300 basis points or 3% of the assets under management (AUM). One way to avoid paying such a high cost…

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Financial rule of thumb – The right time to break it

Financial rule of thumb – The right time to break it

BEND THEM SOMETIMES – BREAKING SOME MONEY RULES CAN BE GAINFUL. FIND OUT WHEN..   A rule book guides the inexperienced to make rational decisions. This is true for money management too. Money rules help you keep your finances on track. But rule of thumb that do not fit your situation can be a waste of time, or worse, actually worsen your finances. They may be oversimplifying a complex issue which can harm long-term prospects and be a poor substitute for analysis. Here are five personal financial rules that based…

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