Introduction College is expensive, and it's only going to get more expensive. Tuition costs continue to climb at a rate significantly higher than the inflation rate. In fact, on an average, the cost of college doubles about every nine years. This means that for a child...
As a mutual fund investor, it becomes a challenging task to understand the difference between growth option, dividend payout option, and dividend reinvestment option of mutual fund schemes and choosing the best option as per individual requirements. We have summarized how each option is different from...
Gold can play a very valuable role in equity and bond portfolios, doing well when both equities and bonds are under-performing. Hence long-term investors should definitely consider investing 5-20% of their portfolios in gold even though the recent price action has not been very encouraging. What...
In this 4-part article series, we discuss the 20 main types of mutual funds available in India and whether you should be investing in them. The main classification of mutual funds is by asset class ( i.e. what assets they are investing in). In part...
A lot of us have the tendency to think that financial planning is something only for high-net-worth individuals or those with complex financial situations or worse those with messy financial situations. However, nothing can be further from the truth. According to Investopedia, A financial plan is...
With the RBI in the rate-cutting mode over the last 2 years, currently we are at a low in the interest rate cycle. FDs are perhaps the most popular investment avenue in India and <7% FD rates definitely hurt retail investors. So we have compiled...
Personal finance can be intimidating especially if you are a first time investor. But you can now stay on top of your personal finances by following this 5-point checklist. 1. List down your personal finance goals: The first step to achieve financial success is to define what...
In this 4-part article series, we discuss the 20 main types of mutual funds available in India and whether you should be investing in them. The main classification of mutual funds is by asset class ( i.e. what assets they are investing in). In part...
This is the tax-saving season. And for those of you who have decided to invest in ELSS funds, the single most important question right now is “Which is the best ELSS fund to invest in”. Google search is often the go-to place for ELSS investors...
Bonds have two sources of returns, regular interest income, and capital gains. It is the second component which is responsible for high returns. To go into each of the components in detail: 1. Regular interest income: Every bond has a coupon rate (which is a %...