Intermediate

5 ways to teach kids about money

And in the bargain make yourself a smarter investor.

5 Ways To Rewire Your Brain

Warren Buffett states that "Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ". Instead, what gets people into trouble is their temperament and making the wrong decisions.Yet, once you are aware of it, you can actually control these biases which in turn can have a pretty big impact on your returns.

5 Ways To Make PPF Work For You

It is a rather undisputed fact that the Public Provident Fund, or PPF, is one of the most popular savings route in this country. A combination of the assured returns, the safety and the tax break make it a winner. Here is a checklist to keep in mind when deciding what prominence the PPF must have in your portfolio.

When we take our family on a holiday, we make several plans – for travel, stay, sightseeing, equipment, food, and other expenses.   Many of these decisions however depend on a crucial factor – our travel destination.  If we travel to Ladakh we will carry woolens and trekking equipment; if we went to Goa we will pack sun screens and swimming costumes.   Our travel plan is defined by the destination.  Similarly, our investments have to be defined by our financial goals.  

Mutual funds may not only bring in better risk-adjusted returns but may also cut costs.

Why bring in someone to do something for you when you can do it yourself – asks common sense. If you can buy and sell shares, bonds and gold, then why invest in mutual funds? Are there any benefits of investing in mutual funds? Do they pose a good investment strategy? Let’s look at the advantages of investing in mutual funds:

Many prefer to switch jobs in pursuit of growth in their careers. For them it not only opens doors of opportunities and increase earnings, it also enriches one in terms of learning in life. Though one may differ from the view of job switchers, most of us would benefit from switch facility in mutual funds.

Many of us invest in the last week of March, all thanks to the pressure built up by the deadline called financial year end. For such last minute investors, tax saving triggers many of their investments. Though it is not a wise idea to base all your investments on the tenet of tax saving, it is prudent to consider tax planning while investing your hard earned money in the light of your financial goal. Here is how mutual funds help us save on tax front:
 

As we enter the month of December we become just that bit more aware of ticking of time. The change of year beckons. It is customary to reminisce over the events of the year gone by. But remember that while value compounds over time; the actual passing of a year or a quarter matters very little if at all in the markets. This has been a good year for equity investors around the globe. The MSCI* All Country World Index is at a lifetime high.

Discussions in the investor fraternity tend to usually focus on markets, politics and money flow, with a few perfunctory hats doffed to topical issues such as the pollution in Delhi weather or the holiday season. This would, of course, be typical of the community, as a largely self-obsessed fraternity, focussed on the here and now and hence predominantly biased by an urban-centric view of the world.