In the year 2007, lot of retail investors saw how the markets gave such phenomenal returns for their neighbours and began to invest most of their money into buying stocks. I too invested in many mutual funds & stocks in the last 3 months of 2007 … [Continue reading]
5 reasons to start your tax planning today
Many salaried employees suddenly wake up in January and begin investing in various assets for tax planning for the financial year (which in India is from April to March of next year). They rush to take numerous insurance policies (usually from some … [Continue reading]
CAGR or Compounded Annual Growth Rate – What is it?
If you see various websites which track the performance of Mutual Funds or Stocks, you would have seen this term thrown around - CAGR. CAGR stands for Compounded Annual Growth Rate. CAGR is a very useful concept to understand how much your investment … [Continue reading]
Got a Salary Account? Do this first
Most of the companies provide Salary Account for their employees. That is a good scheme - zero balance and the bank official comes directly to your office and collects everyone's details. He even fills up all the forms and asks you to just sign … [Continue reading]
Employee Provident Fund vs Public Provident Fund
I have talked about Public Provident Funds and how they are a safe form of investment. Salaried people would have also heard about EPF or Employees Provident Fund. Many have doubts about the difference between the two - whether both are necessary or … [Continue reading]
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