Dilemmas are something that is unavoidable when we have 2 options and have to choose one. In this blog post, we are going to look at the biggest dilemma of choosing between EMI and SIP. While applying loan (EMI) to buy products you often end up paying more than the actual cost. SIP (In equity […]
Investment Options Better Than PPF
We invest our earnings for a variety of reasons. While some invest to meet their children’s educational expenses, others do so to fund their post-retirement life. But the key aim for all is to attain financial stability over the long-term. The typical mindset of most people is that you have to work more to earn […]
How to build an Investment Portfolio
Having a separate Investment Portfolio for each financial goal gives you the best chance of fulfilling them. However, some believe that having different goals for different financial goals is not the correct way. According to few others, we should have a single portfolio and then allocate amounts to various goals. Managing different portfolios is tough […]
What is the Importance of Systematic Investment Plan (SIP)
Systematic Investment Plan (SIP) is all about investing a fixed sum regularly in an equity fund, regardless of market conditions. Over the long term, you end up buying more units when the markets are down and fewer when the markets are up. Thus, your average purchase price is much likelier to be lower than what […]
Invest in ELSS Funds before 31st March
ELSS funds are Equity Linked Savings Scheme that earn investors a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act. ELSS funds are one of the many 80C investment options that you can use to save on income taxes before 31st March. While they are one of the […]
