Return – If it is Zero or Low or (Negative) What will happen (CAGR)?
are you looking to invest in real estate, mutual funds, or in the stock market for getting a return on investment (CAGR)? I have seen many investors investing 100% of their savings into a single asset class like real estate or equity mutual funds. In addition, they believe that they will get a very good profit. Here, I am not saying that you will not get a profit. We can measure the profit by calculating the CAGR in our investment. But do remember there is no real CAGR in the real estate and in the stock market. In addition, to …
Savings Bonds (7.75%) – How to buy (invest) these Government of India Bonds?
Savings Bonds (7.75% interest) of the Government Of India is available. All you need to know that before buying these bonds, I will explain in this article. Features and Benefits of these Savings Bonds are… These Bonds are not available from 28-05-2020. However, RBI may come up with new bonds with a lesser interest rates with same conditions. Eligibility for Investment… Both Individual and Huf can apply for these bonds. However, Non-Resident Indians not allowed to buy these bonds. These bonds can be held by a) An Individual, not being a Non-Resident Indian In her or his Individual Capacity or …
PMVVY ( 2020-202- Features and Benefits 2020-2023
PMVVY full form is Pradhan Mantri Vaya Vandana Yojana. Now, this scheme has come up with new features and benefits for 2020-2023. In addition, it has 5 changes when compared earlier PMVVY. Pradhan Mantri Vaya Vandana Yojana Features and Benefits are… You should have a minimum of 60 years’ age to buy this scheme. But there no upper age limit is set in this scheme. So, anyone who is more than 60 years of age can buy this scheme. In addition, the monthly pension is 7.4% for Financial Year 2020-2021. The policy term or the pension period is 10 …
Power of Compounding – Why it is not there in (Mutual Funds), Stock market?
The power of compounding exists in Mutual funds and in Stock Market is most people believe. But actually, this compounding interest benefit is not there in mutual funds. In addition, Many investors believing this wrong assumption and investing blindly in mutual funds, stock market. In this article, I will showcase why there is no Power of Compound interest in the stock market and equity mutual funds. What is Compounding Interest.?… Compounding interest means that you are getting interest on interest. Let’s say you have invested in Bank Fd Rs.1,00,000, the bank promised you to pay 6% compound interest every …
Pradhan Mantri Awas Yojana (PMAY) 2020-2021-Who is eligible?
Pradhan Mantri Awas Yojana has been extended till 31st, March 2021 for the CLSS category. While at the same time for EWS/LIG category this has been extended till 31st, March 2022. Now, Let’s see who is eligible under PMAY Scheme?… Pradhan Mantri Awas Yojana ( PMAY) Schemes are… CLSS MIG – I CLSS MIG – II EWS/LIG ( EWS – economically weaker section, LIG- Low-income group). Eligibility for PMAY for 2020… There are three categories in this scheme. Let’s know in detail about each category. EWS/LIG Scheme Category… You and your family members should not have any pucca house in …
6 Steps – In Financial Planning Explained
6 Steps are there in the Financial Planning process. Sebi Registered Investment Advisers will tfollow this entire process for their clients. Individual Clients also can follow this process without the help of Investment Advisor guidance. 6 steps in the Financial Planning process are… Financial Planning Board has designed these steps for Certified Financial Planners. Every Planner (Investment Adviser) should learn and follow these steps for serving his clients in a better way. 1. Establishing Client Planner Relationship 2. Gathering Data 3. Analyzing the Data 4. Developing the Plan 5. Implementing the Plan 6. Monitor the Plan. Step 1) Client Planner …
Virtue – Why you should do for your self first?
Virtue, Many of us may have thought about it at least once in our life. You may have heard that Virtue should be done only after you have enough money for your future. Case Study of a Family Who is giving Virtue… Recently, I have given “Financial Planning” to a Doctor’s Family. In addition, the doctor is a Housewife, aged 30 years, earning Rs.80,000 per month, her husband is not doing any work and staying at home and looking after the two children. They are spending Rs.50,000 as monthly household expenses, Rs.15,000 as children schooling expenses per month. How much …
Sovereign Gold Bond Scheme FY 2020-2021 – A complete Guide
Sovereign Gold Bond Scheme is announced by the Government of India for FY 2020-2021. In addition, these bonds will be issued in 6 tranches from April 2020 to September 2020. Sovereign Gold Bond Scheme FY 2020-2021 – Complete Calander Details… I told you already that these bonds will be issued in 6 tranches. Who will Sell These Bonds?… All Scheduled Commercial Banks (except Small Finance Banks, Payment Banks), Stock exchanges Bombay Stock Exchange, National Stock Exchange, Designated Post Offices, and Stock Holding Corporation of India can sell these Sovereign Gold Bonds. What are the features of this Sovereign Gold …
Mutual Fund Taxation – AY Year 2021-2022 ( FY 2020-2021)
Mutual Fund Taxation some changes took place in budget 2020. Here in this article, I will explain taxation for FY 2020-2021, ay 2021-2022. The taxation of mutual funds will depend on 3 factors. 3 Factors that will decide Mutual Fund TAxation are… 1) Resident Status of You i.e Resident or Non-Resident ( NRI)… The tax that you have to pay will be different if you are resident Indian, the tax treatment will be different and if you are an NRI, your tax will be different from Resident Indian. 2) The tax also depends on the types of mutual funds …
Force Majeure Clause-What it is in Life Insurance In India?
Force Majeure is a contract clause means that will remove the LIABILITY due to catastrophic events such as natural disasters or war in Life Insurance in India. What is Force Majeure? Now, many countries are under lockdown worldwide due to fear of Pandemic Virus COVID-19 ( Corona Virus). Though the death rate due to this virus is low, this is spreading easily and fast from human to human. In addition, People do not when this lockdown will be over and when the vaccine for this virus will come. Mean While there is a high chance that people across the …
