Personal Finance
Tags :
Investment, Asset Management, Growth, Money, Mutual Fund, Equity, Share Market, Debt, finance, money, risks, future, stock market, mutual fund, personal finance, budgeting, stocks, budget
Industry :
Asset Management
Functional Area : Personal Finance |
|
|
Follow this Topic |
more actions >>
|
About "Personal Finance" topic:
We as individuals have to plan our budget, save and spend monetary
resources over time considering various financial risks in future. This
topic will discuss on how well we plan our personal finance which
include investments in stock market, mutual fund, credit cards, loans,
insurance policies and income tax management. Please share your queries
& insights under this topic on Personal Finance...
2 trends
, 19 insight
, 13 debates
, 3 idea contests
, 9 question
on topic: "Personal Finance"
|
(rate this)
|
Budgeting isn’t always easy – but it doesn’t have to be impossible. And it’s worth it. You’ll live with less worry now, and endure less headache later on. some basic money management strategies that are as simple as ABC . Follow their guidelines to squash your debt, start saving, and stop wasting money. A lways Keep Track You should always keep track of all of your accounts, and running balances of those accounts – specifically, the ones that you use on a daily basis. This will help prevent late payments or being overdrawn on your checking accounts, or going over your limit on your credit accounts. B uild Credit Carefully You don’t want to run out and snatch up every credit card offer yo...
 |
Ramakrishna Perumal
| Commented
| 2 years ago
|
|
It is always good to share the information whether it is original or it is cut and paste but only thing is if somebody has already read it they ignore the article if not they can read it once again and get refreshed with the information once again.
|
|
 |
Devi Kaladeen
| Commented
| 2 years ago
|
|
Varsha I believe those comments you are talking about were deleted by Toostep admin. I am very happy that Toostep is making observations on what is going on in this forum. I want to reiterate that on a professional level I abide by the rules and...
|
|
 |
Jaspal Singh Sodhi
| Commented
| 2 years ago
|
|
Dear Friends, If you see the top of the article, the source is given there, already. And it's not good for any scholars to target any other persons like this. It would be nice if we learn to appreciate, instead of criticising. Because appreciation...
|
|
Insight: "The ABCs of Managing Money" deleted from your view.
|
(rate this)
|
The earlier you start investing the more time the investment gets. This inturn leads to higher returns and lower the risks. Maintain an investment startegy keep hold to it consistently. Do diversify your investment. Work like a BEE . Bees do scatter themselves in various directions in search of Nectar. On Doing so the Bees combat the risk of not finding any food. Similarly on diversifying your investments our risk of having lower returns gets diluted thus resulting in a profitable outcome. Do Invest...
Insight: "Start Early...Be Consistent..Do Diversify... " deleted from your view.
|
(rate this)
|
We are offering the services of: Reply back to this email with your contacts to get the right financial planning solution for you. SMS Help Line No . 9901453967 Vijai Verma Business Manager Excelan Consultancy Pvt. Ltd., Bangalore www.excelan.in Mo:9008666990 Ph no:080-41539981
Insight: "Your Financial needs change with your AGE..." deleted from your view.
|
(rate this)
|
|
Yes
|
12
|
VS |
1
|
No
|
 |
Jyoti Rath
| Argues in support of
"Yes"
| 2 years ago
|
|
yes on all means Padmanabahan...they all taught us so many things which i found were really irrelevant, and when we started doing our jobs there was no connection at all to what we learned and what we implemented, so when there is situation where...
|
|
 |
Phani Dasam, PMP
| Argues in support of
"Yes"
| 2 years ago
|
|
This is really a great thought. I totally agree with having finance as a subject in school curriculum. We need finance in every walk of our life. Infact it is inter-linked with all fields of knowledge. So having basics right from the school would...
|
|
Debate: "Basics of financial management in the school curriculam." deleted from your view.
|
(rate this)
|
Incomes that are not taxed! Although the tax man has been vested with the task of collecting taxes on the incomes of the citizens, he has deemed certain kinds of incomes as 'not included in total income'. Thus if any earning that you receive which falls under these incomes you don’t have to treat it as income or pay tax on it! Let’s take a look at the different incomes that are not incomes! Agricultural Income: Any income which you receive as income from any agricultural activity is deemed as not included in total income. If your father is into agriculture and he gives you a part of the income as a gift, then you don’t need to pay tax on it, provided, your father files his tax returns. Inco...
 |
Padmanabhan R
| Commented
| 2 years ago
|
|
Thanks for sharing joshi sir, Income from partnership is exempted to avoid double taxation ,as already taxed as income of firm. Knowledge of income exempted from tax is vital for tax planning; one should take maximum advantage of these tax...
|
|
 |
SB DIKSHIT
| Commented
| 2 years ago
|
|
If it is not going to change as per finance minister, then its a nice information for assessment year 2010-2011. thanks.
|
|
Trends: "Did you know this?" deleted from your view.
|
(rate this)
|
DIVIDENDS!!!!!.. We do have a craze for Dividends, Increments, Rewards and Bonus. But beware, Never Opt a Mutual Fund Scheme for it Dividend declaration Record alone . This is because of the following : - Dividend is a part of a same cake : Say a MF scheme's NAV climbs from Rs 10/- to Rs. 20/- over a period of time. A dividend of Rs 5/- (50%) is declared because of which the NAV of the scheme on the record date drops to Rs. 15/-. Cheap NAV : Dividends are frequently declared by some of the MF to eventually attract retail investors by projecting cheaper NAVs on Post-Dividend stage. Huge Fund Size : MFs with huge fund inflow are scared of the fund size hence decide to chunk out heap of cash o...
 |
sandesh saboo
| Commented
| 2 years ago
|
|
you are forget the tax angle.it is for some a very good tax planning at no cost.
|
|
|
|
taranath joshi
| Commented
| 2 years ago
|
|
Yes, Mr. Shenoy. I fully agree with you. Infact, the NAV gets deducted when the dividend is paid. i.e. If NAV (cum dividend) is 12, and the MF pays 1 Re/unit dividend, the ex-dividend rate will be 11 only. So, thats not a dividend at all....
|
|
Insight: "Never Chase Dividends.... " deleted from your view.
|
(rate this)
|
SIP - Systematic Investment Plan refers to an organized and disciplined approach of having a Mutual Fund Investment. With this you can make small portions of your savings reap significant returns if followed in a periodic fashion for a reasonable duration. Benefit : Rupee Cost Averaging i.e. Higher the Net Asset Value (NAV) - Lower the Units you get Lower the Net Asset Value (NAV) - Higher the Units you get Oppurtunity : Make use of the fluctuations in the Market Ideal Combination : Scheme : Equity Diversified (May vary based on ur choice) Type : Open Ended (Preferably) Fund Allocation : Say Rs. 500/- (minimum or as per the scheme details) Period : Monthly Basis (Ideal) Date : within 5 days...
 |
Ramprasad Murthy
| Commented
| 2 years ago
|
|
SIP is a very good opportunity for people who 1. Do not understand the market nuances 2. When to invest and how much 3. Cannot shell out lumpsums 4. Can wait for a period of atleast three years(they should plan for this period)
|
|
|
|
Padmanabhan R
| Commented
| 2 years ago
|
|
Thanks for sharing sir, “the earlier the better”, SIP is an excellent option if you don’t have much market exposure and if your source of income is monthly. It will have averaging benefits and due to rupee cost averaging the per unit cost will...
|
|
Insight: "SIP.. Wise way of Investment.... " deleted from your view.
|
(rate this)
|
Mutual fund is viewed as one of the perfect investment options available for small investors with little market exposure. They offer risk reduction, diversification, professional management, convenience, liquidity etc. But this doesn’t mean that you need not do your home work. Here are some of the important disadvantages of mutual funds. Diversification dilutes return and there can be over diversification. There are no guaranteed returns. Fund manager may be tempted to show good results in the short term at the expense of long term performance as the manager’s compensation is based on the fund’s performance. Mutual fund portfolios are not tailor made The annual fund operating fee is charged...
 |
Viktor Stephen
| Commented
| 2 years ago
|
|
Padmanabhan, thanks for bringing this to the attention of small investors who mistakenly think that mutual funds are the safest and best route.
|
|
 |
Raju Ramalingam
| Commented
| 2 years ago
|
|
Really its nice to know about the mutual funds. To be honest i do not know anything about it and I just remember "subjected to market risk". Now i know something about it. Thank you so much...
|
|
Insight: "Disadvantages of mutual funds" deleted from your view.
|
(rate this)
|
Every individual should have an Ideal Investment Portfolio to suit his Risk Profile and inturn aid him in attaining his targeted financial goals at various stages of his life. The following are the various investment areas or sectors an individual can aim at. It is arranged in the order - Low Risk - Low Return Products to High Risk - High Return Products : Bank Deposits Postal Savings : PPF, NSC... Government Bonds Industrial / Company Deposits Mutual Funds Real Estate Equity (Share Market) Though having a House or Land has been a major financial decision in the life of any individual, a typical Indian investors has not crossed beyond Bank and Postal Savings Deposits stage of investing. Sec...
 |
Pankaj Kulkarni
| Commented
| 2 years ago
|
|
good sharing Mr.shenoy, but in this scenario one will go for in between like for the mutual funds rather than share market and real estate, as there is guaranteed amount that one will be gettin, i don't think investors are that much into equity as...
|
|
Insight: "Investment Portfolio...How to go about it... " deleted from your view.
|
(rate this)
|
For this there are many freelancing sites so besides that can i get some idea how to work as a freelancer in my field of webdesigning and graphics. As of many of the internet jobs are fake/fraud. Ple...
Answer: "how to get clients for web designing and graphics ?" deleted from your view.
Other knowledge matching "Personal Finance" topic
|
Activity:
178 referals
,
4 votes,
213 views
|
|
|
|
Activity:
823 referals
,
10 comments,
179 views
|
|
I got this beautiful posts on http://www.searchquotes.com/ To live a creative life, we must lose our fear of being wrong. The fear of being wrong, different, or socially unaccepted or unpopular is one of the biggest inhibitors to one's creative juices. When a person can do things without worrying what people will think of him, then a person can use their creativity with no limits, and take their work to places they probably would never of imagined going. One of the biggest rules to being creative is to first disregard everyone's opinion. The creativity you have is what makes your work your own, and changing it to fit into someone else's mold would defeat the purpose of it all. Remember when being creative that your work doesn't have to be a pop icon or anything but it has to at some point change society in some way(s). Everyone has their own creative flow and energy, it is all about sticking to your gut feelings, despite the consequences or feelings of hesitance you might...
|
|
Activity:
0 referals
,
3 comments,
254 views
|
|
India Infoline offers life time free demat and trading account just pay Rs.555 at the time of account openning after that no headache for renewal. "India Infoline" The name itself is enough...why???? -- Trust of over 6.7 lacs customers -- Presence in over 240 cities and 1300 loactions all over India -- It offers wide range of products like Equity, commodity, currency brokerage, Mutual funds and Insurance, in otherway It is one stop Investment shop -- provides timely and relevant advice and all queries of customers -- It provides wide range of research and reports to investors/traders Daily reports, weekly/regular reports and long term research reports for investors and traders like Market mantra, Daily strategy watch, Company reports... -- Accuracy of research calls during market hour for traders -- Provides excellent Trading platform for both online and offline customers If you are a trader/investor and you want to make profit then choose "India infoline" platform becoz...
|
|
Activity:
4 referals
,
3 answers,
83 views
|
|
I am Doing Job in Toshniwal Industries Pvt. LTd. As Senior Executive. My Job timing is 9 to 5.30. I am able to do part time job after 6 pm. So Pls. Suggest me which type of job is suitable for me. and i can easily join that without invest any...
|
Leading Recruitment firm
Commercial Officer – Sales Opening in Delhi
Safety Officer Job In Bangalore
Hardware Design Engineer Jobs in Bangalore
Recent Knowledge in Topic (33)
|
|
Would the credit crunch have happened if people had understood what they were getting themselves... |
|
|
35 referals
0 comments,
10 views
|
|
|
India is proving to be a growing economy with the GDP in excess of 8.5%, but the inflation rate... |
|
|
29 referals
3 answers,
120 views
|
|
|
Retirement Planning is most important part of your financial planning, more early you will start... |
|
|
0 referals
0 comments,
10 views
|
|
|
|
|
|
|
Similar Topics
Its all about developing basics in personal finance and investment for...
2 insight
, 4 debates
, 7 idea contests
, 2 question
Once you have decided on the type of venture you want to start, the next...
1 insight
, 2 debates
, 2 idea contests
Share your views on how to obtain export financing, how to finance export...
1 insight
, 1 idea contests
We all want to save money but do we keep a track of it???? Still today many...
2 insight
, 3 idea contests
Technology is driving a new level of efficiency in trade finance by...
2 debates
, 1 question
Sponsored Jobs
