3 things to do now For financial well-being post-retirement
Posted on 23 Dec, 2020
Last updated August 31, 2021
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3 things to do now For financial well-being post-retirement
3 things to do now For financial well-being post-retirement
Posted on 23 Dec, 2020
Last updated August 31, 2021
Our weekly finance newsletter with insights you can use
Your privacy is important to us
A dollar millionaire is someone who has $ 1 million (USD) of wealth or Rs 7 Cr. With a million, one is assured of a comfortable life, irrespective of where you live.
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History tells us that equity investing is a long term venture. That money is made by people who held the course when times were bad. And times are looking bad right now. But as we all know the equity markets tend to recover from these bad times. Is it difficult to keep the faith when you see everyone around you panicking? Yes again.
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With the markets at all-time highs, wondering if it is better to sit on cash? We think otherwise and here’s why.
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ESOPs benefit employees when a company executes a buyback or launches an Initial Public Offering (IPO). This makes ESOPs a great tool for you to build wealth.
Here’s what you, as a potential employee, need to keep in mind when choosing between equity plans for employees.
Confused between ESOP, RSU, or ESPP? Learn the difference and decide what works for you and your wealth, effectively.
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Planning for your child’s higher education is a family goal. Here’s how to start the conversation around this with your spouse.
Here are the nuances you need to keep in mind when buying health insurance for your senior citizen parents.
Having a conversation on insurance is a must do activity for every couple. This can save you a lot of grief down the line.
Create an email that includes all that your family needs to know to make an insurance claim and make this otherwise stressful task simpler
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Create an email that includes all that your family needs to know to make an insurance claim and make this otherwise stressful task simpler
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Buying gold is a given during festive times, but is it necessarily an investment or should we see it just like any other high value purchase?
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A Louis Vuitton bag is a dream for many, a reality for some and an extravagance for a number of rational, financially responsible individuals. Yes, we all have our perception of what an LV bag is, and more importantly, what...
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With global equity markets under pressure due to the war in Ukraine, investors like you may be wondering if now’s the time to switch to fixed income. Here are three things to keep in mind before you do that.
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ETFs have become quite popular in India recently thanks to how they allow exposure to specific indices and themes. But should you also go for them? Here’s what you should know first.
Considering many believe that markets are expensive now, let’s understand if it makes sense to wait for a market crash before investing.
What you as an investor should know about risk and how it plays a role in your wealth creation efforts.
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If you are planning to add listed bonds to your fixed-income portfolio, you ought to be aware of these two risks.
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Overexposed to equity? Here’s what our research team suggests on handling this challenge to your portfolio.
Despite European countries announcing a slew of COVID-19 related lockdowns and restrictions, the markets had reasons to smile with multiple players reporting successful COVID vaccine trial rates, and Joe Biden’s election.
Much of the recovery in equity markets over the past couple of months is due to the tax cuts for corporates, announced by the Finance Minister, and a series of other administrative measures announced. One can expect more such measures to trigger the economic recovery.
Market watchdog Sebi recently came out with new guidelines for liquid funds. The newly introduced norms could potentially change the portfolio orientation of liquid funds.
When markets tend to go through their occasional drops, the people who come out on top are often those who kept on investing as if nothing has happened. They had the wisdom to realize that they can’t predict when markets will go up nor when they will go down.
The per capita income itself is growing at about 10% annually. On the other hand, ‘basic needs’ like food has already been met for most of the population and will not grow at the same pace. Most likely, basic needs will grow in line with inflation or less.
There is no doubt that bank fixed deposits (FDs) are considered safe in that you will most likely get your money back. But did you know that bank FDs can negatively affect your savings over the long term?
We have seen several folks doubt whether mutual funds have delivered returns over time. When in doubt, trust in data. So, here goes our analysis.
In order to setup my PF account to enable electronic withdrawals, I recently tried to seed my Aadhar number in the EPF UAN portal and went through some struggles that many of you are likely to go through, or are already going through.
Did you know you’re building a secret saving of over Rs. 1 Cr in something called the Employee Provident Fund (EPF)!?
Looks like the long winded and painful process of withdrawing from your EPF Account is all set to become a lot more simpler.
If you are in this position, there are two convenient options for you: Bank Fixed Deposits and Debt Funds. In this article, we compare them on different criteria and evaluate which is better for you.
Scripbox views and perspectives on the Union Budget 2022 and what it means for the growth of the Indian economy.
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The IT majors came out roaring with excellent Q3FY22 financial results. Considering their exposure to mutual fund portfolios across the board, this solid performance is good news for your investments and wealth. IT is also a significant employer in the country and this performance indirectly bodes well for the overall economy.
According to a survey by ET, business leaders of India Inc are bullish about a pick-up in private investment. This combined with a PMI of 55.5 in December reflects well on the prospects of India Inc. For the prospects of your wealth, this is good news indeed.
While the developments at the helm of RBL bank have hit the bank’s stock price, investors can take heart from RBI’s statements and the management’s communication on the situation. We are watching the developments closely. We also believe individual fund managers are well placed to protect investor interests and take appropriate actions in their respective portfolios.
The acquisition serves both HSBC AMC’s growth plans and L&T Finance’s strategic aim to strengthen its balance sheet. For investors in L&T AMC’s funds, though, little is likely to change at this stage. Fund managers and leadership remain the same. We will keep an eye on this and inform you if something fundamental changes.
Shriram group’s consolidation exercise will create India’s largest NBFC, Shriram Finance Ltd. While the market has reacted negatively to this, for now, the long term impact on investor wealth is unclear. It’s definitely something we will keep our eye on and see how it all pans out.
Here are some key reasons you should be aware of, and will help you understand why insurance is meant for risk management only.
What’s more financially prudent? What are the challenges involved in reviving a policy and when is it a viable option? Let’s find out.
Is buying insurance supposed to be a one-time affair? Does it ever make sense to own multiple life insurance policies? Let’s find out.
Here’s all you need to know to make this otherwise difficult process somewhat bearable
Which one makes sense for investors or do you need both?
Retirement investing is often linked to fixed income option both before and after retiring. But is it the right approach?
Here’s how the Scripbox recommended set of funds performed last year.
Underexposed to equity? Here’s what our research team suggests on handling this challenge to your portfolio.
Overexposed to equity? Here’s what our research team suggests on handling this challenge to your portfolio.
This is in relation to a SEBI circular published on 17th September 2020, on the Uniformity in the applicability of Net Asset Value across various schemes upon realization of funds
We are the first mutual fund investment service with an algorithm that helps you reduce long term capital gains tax (LTCG) at the time of withdrawal.
Here’s how the Scripbox recommended set of funds performed last year.
A wealth manager can bring a lot to the table when it comes to helping you with tax planning.
While this type of compensation structure gives employees a share in the company’s future growth prospects, one has to carefully analyze its tax implications.
It depends on how long you stayed invested and whether you have invested in equity mutual funds, debt mutual funds or hybrid funds.
Sometimes a gift can create a tax incidence. Know about gifts and taxes in this article.
Here is a low-down on TDS under various income heads for an NRI and methods to reduce it or seek refunds.
Here is a low-down on TDS under various income heads for an NRI and methods to reduce it or seek refunds.
A wealth manager can bring a lot to the table when it comes to helping you with tax planning.
There are other investment avenues which can help you save a similar amount of tax, however, when you look at performance, none of the others has delivered similar inflation plus returns in the long run.
Whether you invest in a tax-saving fixed deposit or an equity-linked savings scheme, your maximum allowable tax deduction through these investments remains the same at a maximum of Rs 1,50,000 under section 80 C of the IT Act. Then why not pick the investment which will help you maximise long term wealth too?
There are a couple of ways to save taxes on capital gains. One of them is by investing in specified tax-saving bonds under Sec 54EC of the Income Tax Act.
Paying taxes is a civic duty you can’t escape, but it helps to know how you can take advantage of the most efficient taxation when it comes to your investment growth.
Long-term financial planning and tax planning go hand-in-hand. Which is why, instead of just relegating tax planning to the last quarter or the last few weeks of the financial year, make it a part of your short-term and long-term financial goals.
Scripbox Smart Transfer Plan – The smart way to invest during market volatility https://www.youtube.com/watch?v=-h5P5SUibcM
3 things to do now For financial well-being post-retirement https://www.youtube.com/watch?v=eVGVBXZnbhI
Your 40s come with myriad financial nuances and goals. Here’s how to invest to marry them right.
One of the key questions is whether equity investors should convert their equity holdings to cash given the likely economic impact of the second wave and even a third wave as is being predicted by some.
Here are six signs that tell you that you may be ready to hang up your boots if you wanted.
The tenets of asset allocation often mean that while your goal may be one, you may require multiple financial instruments to achieve it.
Should you look beyond VPF while creating an investment portfolio?
Unknowingly, we also use intuition in our day-to-day life – say to select our family doctors or partner. Can we use our hunch to also guide our investment decisions?
Mutual Fund investor and planning to change your maiden name post marriage? Learn what you must do.
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