Have debt in your portfolio? Consider these tax-efficient alternates.

Have debt in your portfolio? Consider these tax-efficient alternates.

The investment world rarely stands still. For instance, because of the taxation reforms, the once-reliable compass of debt mutual funds now points to uncertain territory, leaving high-net-worth individuals (HNIs) scrambling to rethink their investment strategies. The question now isn’t whether to adapt but how to do so effectively. This requires a thoughtful reassessment of investment … Read more

Durga Puja, Diwali 2024: 6 key loan management tips for first-time borrowers this festive season

Durga Puja, Diwali 2024: 6 key loan management tips for first-time borrowers this festive season

The festive season is a time of joy, celebration, and increased spending. For many first-time borrowers, personal loans can help cover additional expenses. However, it’s vital to borrow wisely to avoid future financial issues. Here’s a guide to managing loans responsibly during this festive period. Tips for festive borrowing Plan your budget carefully Identify essential … Read more

He’s in a tough fight with cancer. But a financial plan keeps his dreams intact.

He's in a tough fight with cancer. But a financial plan keeps his dreams intact.

Right outside Fernandes’s home is a poster of a woman who passed away recently. It grabs his attention each time he opens his gate. His eyes are then drawn to one of his favourite possessions, his bicycle, long unused, which reminds him of happier days. Now, he can barely pick up his phone without using … Read more

Beware, a financial plan that neglects insurance can leave you high and dry

Beware, a financial plan that neglects insurance can leave you high and dry

Insurance acts like a safety net, helping protect you and your family from unexpected situations that can cause financial stress. Whether it’s a car accident, a health emergency, damage to your home, or losing a primary earner, having the right insurance can ease your financial burden, allowing you to focus on getting back on your … Read more

Many investors believe you can’t suffer losses in real estate. That’s just false.

Many investors believe you can’t suffer losses in real estate. That’s just false.

Let’s consider a real-life example. A friend of mine owned a property for which he was getting offers in the range of ₹4.25 crore to ₹4.5 crore. However, he was determined not to sell for anything less than ₹5 crore. He held onto the property for five years and finally sold it for his desired … Read more

Why this Luxembourg-based couple invests in Indian stocks only

Why this Luxembourg-based couple invests in Indian stocks only

The price of luxury and lifestyle For Prateek and Neha, a luxury car like their Mercedes Benz A-class, costing 43,000 euros, is a feasible purchase in Luxembourg, a far cry from the hefty ₹55 lakh price tag for a similar model in Bengaluru. “I wouldn’t easily buy a luxury car in India priced over ₹50 … Read more

How a 55-year-old Bhopal architect built a ₹2 crore NPS corpus for a secure retirement

How a 55-year-old Bhopal architect built a ₹2 crore NPS corpus for a secure retirement

Khare initially connected with a Mumbai-based financial planner who was also a mother to an autistic child. This introduction to full-scale financial planning was a revelation, but the distance proved impractical. Read this | How this Mumbai couple rebuilt their finances after going bust “I needed an advisor I could meet in person when I … Read more

How young professionals are finding new gigs to diversify their income

How young professionals are finding new gigs to diversify their income

With new skill-based gigs emerging as viable options for generating income, more young professionals are now seeking jobs they can do in their spare time. Here’s a look at how some are pursuing their passions while creating additional income streams. Organizing spaces Raina Jain, a 32-year-old finance professional based in Mumbai, has been balancing a … Read more

Tailoring portfolio diversification: Strategies for different phases of life

Tailoring portfolio diversification: Strategies for different phases of life

The aim is to include assets that are uncorrelated or have low correlation with each other. Equities, debt, cash and gold are the most common asset classes in a portfolio, each providing a distinct flavour and benefit.  Equities, while having the potential for higher returns, can be volatile in the short term, triggering concerns over … Read more

Why navigating stock market boom requires caution

Why navigating stock market boom requires caution

The current stock market boom has instilled a sense of euphoria in investors as their net worth soars alongside rising stock prices. However, this wave of optimism can easily breed complacency and overconfidence, making it crucial to remain cautious in such markets. Humans are uniquely prone to getting swept away during extreme times—after all, we … Read more