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Investment Retirement Savings

Want to Create Wealth: How Much, and by When

All of us need money, and most of us need it more and more. The underlying reason for the entire science of Economics is that resources are always scarce as compared to needs. At the micro level, the same applies to all of us albeit in differing proportions. At the basic level, even the poorest […]

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Retirement

Commutation of Pension- Who Should Do, and Who Should Not !

Retirement is a reality for almost all of us, and it signifies a distinct phase of life. Looking at retirement from a financial perspective, some of the desirable requirements of retired life are : (a) No liabilities in the form of unpaid loans (b) Fulfillment of most of the major financial objectives like house, children’s […]

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Debt Equity Investment Retirement Savings

Understand Your “Why?” of Investment, Before Deciding on the “Where?”

There are a couple of golden single word questions which are life’s best teachers. Some of these are What ? When ?, Why ?, Where ?, Who ? and How ?. Today we will discuss the “Why? and Where?” of Investments. We mostly do everything with a purpose and that is same with financial activities. […]

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Credit Financial Behavior Retirement Savings

Monetary & Lifestyle Inflation-The Killer Combo

Inflation is a very commonly heard word and assumed to be understood well. However, not everyone factors that understanding into financial decision making, thereby overestimating returns or under estimating objectives. We further compound the effect of inflation when we fail to calibrate our lifestyle according to our affordability. What is Monetary Inflation? In simple words […]

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Retirement Savings Tax

PPF-The Silent Growth Tool

In another discussion on “Are You Organized for Investing”, we talked about opening a Public Provident Fund (PPF) account. PPF is open to all citizens without any age limit, meaning that both adults and minors can open it. It makes great sense to open an account each for self, spouse and children. While one might […]