Real Estate – Why it is a bad investment?(Telugu)
Real Estate is a Prime Investment option for most of the people in Andhra Pradesh and Telangana. We think that it is a good investment. But that is not true. Real estate is a bad investment option. We think will give more return(profit) than anything else. There are few reasons for this why it is not worth investment. Below Few reasons explained… Real Estate Investment needs Loan to purchase… Real Estate Investment demands lump sum amount at the time of purchase which many of us do not have. As a result of this we tend to take heavy loans to …
New EPF WITH DRAWAL Rules Explained-2019(Telugu)
Unemployed for more than a month can withdraw 75% of EPF corpus… These new rules came into existence recently. But Before withdrawing your EPF corpus, You should know the taxation on the withdrawal when you retire, resign or terminated. A new clause is inserted after clause 68 H in EPF act 1952… Clause 68 H tells about the grant of advances in special cases like your company closure for more than fifteen days to six months. New EPF withdrawal Rules 2019… As I said above, Now it Has new clause 68 HH along with clause 68 H. The new clause …
Sebi Registered Investment Adviser-How he help in creating wealth?(Telugu)
Most people think that they do not require any investment advice. They think they can manage on their own. But it is not true. A Sebi Registered Investment Adviser will add value and helps in creating wealth with investment advice in your better financial journey of Investment planning and Financial Planning.He will help you in planning for house, retirement, child education and insurance etc. I know you people do not agree. I will give an example where some of my clients and my paisa health youtube channel subscribers. Do read this article though you are not a Govt. Employee of Andhra Pradesh …
Chit Funds – How much Profit percentage you will get from it?(Telugu)
People from Andhra Pradesh and Telangana cannot resist themselves from Chit Fund Investment. Here, in this article, I tried to explain the profit percentage that you will get. Chit funds are native(Local) financial institutions in India. The system caters to financial needs by combining processes of credit and saving in one scheme. The chit funds are Indian equivalent to Rotating Savings and Credit Associations (ROSCA). Commonly called as “Save and Borrow” schemes in India. I have seen people investing in a chit to clear existing loan, to buy a home and even for child marriage. Some People invest in making the profit …
Lic Vs Postal Life Insurance- Which is best? (Telugu)
Do you know your Post Office also offers Postal Life Insurance(PLI) cover? Even if you know then there is a huge confusion among buyers like whether to buy with the Post Office or with Life Insurance Corporation of India(LIC), because the Government of India backs both. So, Let’s see which one best? What is Postal Life Insurance(PLI)? PLI (Postal Life Insurance) is exactly like any Life Insurance company, for example, LIC or SBI Life Insurance. Post office runs Postal Life Insurance. Postal Life Insurance currently offers only traditional policies. Therefore, no term insurance or ULIPs(unit-linked policies). Different types of policies …
Digital Locker- What are its features and benefits? (Telugu)
Government Of India Launched this Digital Locker facility to all citizens of India. Digital Locker enables us to use our documents in a paperless manner. Below are the main benefits… Also, read the article about investment and Life Insurance. click here to read. Digital Locker Features and Benefits… The government is planning a major expansion of the Digital Locker project to push its agenda of a paperless administration. It is an online repository of certificates and important documents such as driving licenses and Aadhaar Card, Educational Certificates that can be authenticated in real time. More than 9 million people are …
Bank Account – What happens if Account holder dies?(Telugu)
What happens to the orphan bank account and who will get the amount in that account once the account holder dies? We all have Bank Accounts with Banks. We do financial Transactions in that account. But what happens to out money after our death? Any idea for you? I will give some inputs in this matter. Whenever there is a sudden demise in someone’s family, there is a panic attack. There is a mourning of losing loved ones and chaos in the family for a few days to weeks, but finally, life comes back to normal later. A few months later, family …
Mutual Funds – How to Invest with out Pan Card? (Telugu)
SEBI has decided to exempt the requirement of the permanent account number (PAN) for investing (both lump sum and SIP) up to Rs 50,000 per mutual fund company, per year. Now, instead of PAN, investors can submit their voter id card, passport or driving license for photo identification. The rule is applicable with immediate effect without KYC to Invest in mutual funds… Earlier Process? Earlier investors were allowed to invest up to a maximum of Rs 50,000 per year across all mutual fund companies and a PAN card was mandatory to comply with KYC. Read an article about calculating return in stocks, Mutual funds and …
XIRR- in mutual funds, stocks and real estate etc. How to calculate it?(Telugu)
What is XIRR in Mutual Funds? Real Estate, Stocks etc How to calculate it? Many of the Mutual Fund Investors might have come across the word XIRR. But for the majority of them, it is hard to digest what it is. Hence, let us simplify its calculation. What is CAGR ALL YOU NEED TO KNOW? There is a huge misconception in understanding the difference between CAGR and XIRR. Hence, first let us understand the meaning of CAGR. CAGR stands for “compounded annualized growth rate”. This means investor every investment are annualized to arrive at CAGR. It is basically point to point return. The formula used …
