Personal Finance
Tags :
Personal Finance, Investment, Asset Management, Growth, Money, Mutual Fund, Equity, Share Market, Debt
Industry :
Asset Management
Functional Area : Personal Finance |
|
|
Follow this Topic |
|
more actions >>
|
About "Personal Finance" topic:
Its all about developing basics in personal finance and investment for continous growth and improvement in our own assets...!!!
1 trends
, 18 insight
, 7 debates
, 2 idea contests
, 6 question
on topic: "Personal Finance"
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
|
|
|
Jaspal Singh Sodhi says :
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...
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...
|
|
|
|
|
|
| Yes |
|
No | |||
|
12
|
1
|
 |
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 . 9341755226 Vijai Verma Business Manager Excelan Consultancy Pvt. Ltd., Bangalore www.excelan.in Mo:9008666990 Ph no:080-41539981
|
|
|
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 says :
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...
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 says :
Padmanabhan, thanks for bringing this to the attention of small investors who mistakenly think that mutual funds are the safest and best route.
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
|
|
|
Padmanabhan R says :
Yes be careful about NAV. While investing in a mutual fund never buy when market is at it’s pinnacle and always go for established ones if you lack exposure. Choose based on CAGR over 3 to 4 years , fund managers may be tempted to give good short...
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
|
|
|
Padmanabhan R says :
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...
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 says :
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...
|
|
|
2
Retire personal loan at first place
Other knowledge matching "Personal Finance" topic
|
Activity:
0 referals
,
5 votes,
221 views
|
|
Like most business owners, whenever the business needs money they head over to the bank. Unfortunately, as most small business owners soon find out, most banks do not lend money to businesses unless they have significant collateral and a history...
|
|
Activity:
463 referals
,
14 arguments,
160 views
|
|
On 26th February, Finance Minister is going to deliver the Union Budget 2011 which will give the future informations of the Government and the aam admi finances, with an overview of the economy and highlight its economic achievements during last......
|
|
|
Activity:
1 referals
,
3 votes,
247 views
|
|
Debt financing has become excessively important in any form of business. But as there are new avenues of raising funds emerging in the market, let’s add new ideas to find out cheap and best alternatives to debt financing.
|
|
Activity:
0 referals
,
2 votes,
186 views
|
|
Its always easier to solve a problem faced in trade finance are if you can write down what the problem is. Write in your views
|
|
|
Activity:
93 referals
,
13 arguments,
154 views
|
|
I think islamic finance is an area which is highly underestimated in India. India have more companies that satisfy islamic rules than pakistan. Considering the the high population of conservative muslims in the country, I think we should consider......
|
Most popular on TooStep
Yet Another Godman caught in a scandal , & its Sex once again.
|
Monitoring Internet Use
|
Can we really create structures which can withstand Nature's disaster in India?
|
Green SEZs
|
Is internet affecting your personal life?
|
How process control can be implemented in manufacturing industry?
|
Religion ---- the matter of FAITH
|
How important is MBA?
|
If a company asks money for a job,,what should a fresher do....Leave the company or Join it????
|
Sachin becomes first to score 200 in ODI's
|
Mainframes
|
leaders-in change management
|
Finance & Accounts
|
Business and Law
|
IT - User Interface Specialists
|
HR Professionals
|
BattleGround for Sales Professionals
|
Telecom & IT
|
SAP Professional
|
Hardware Designers (VLSI)
|
Cost Cutting Employee & their Salary is only solution in recession ....
|
How to develop Wisdom
|
Why SEX attracts ?
|
Internet Marketing
|
Strategic Role of Business Analyst in Software development
|
Should Education system be Privatised in India?
|
SUCCESS STORY OF NIRMA
|
WHAT IS THE NEW CORPORATE HIERARCHY OF IBM INDIA?
|
How Automotive Industry can beat recession?
|
Modern Functions of Electronic Media
|
Future of Mechanical Engineering 2008 to 2028
|
Construction: Tips for Successful Project Completion
|
Effect of recession
|
Strategies For Motivating Employees and Increasing Productivity
|
The 50 Best Inventions of 2009
|
Budget 2010 India
|
pranab mukherjee budget 2010
|
how do knowledge and skills related to personal finance impact your life
www.sharemarket technical .com
pgvcl
define "personal asset management company"
jindal steel share price
investment
finance available to investors in small business in chennai
finance
Personal Finance company in chennai
toostep.com personal-finance
Job Search for Technology Professionals!
- Create a confidential Career Profile and Resume/C.V. online
- Get advice for planning their career and for marketing of experience and skills
- Maximize awareness of and access to the best career opportunities
Recent Knowledge in Topic (24)
|
|
Global slowdown and deficient monsoons not withstanding, the Indian economy is likely to show 7%... |
|
|
59 referals
5 arguments,
50 views
|
|
|
|
0 referals
2 answers,
27 views
|
|
|
|
For this there are many freelancing sites so besides that can i get some idea how to work as a... |
|
|
1 referals
0 answers,
22 views
|
|
|
|
|
Similar Topics
We as individuals have to plan our budget, save and spend monetary resources...
2 insight
, 2 debates
, 7 idea contests
, 2 question
1 trends
, 28 insight
, 8 debates
, 3 idea contests
, 2 question
Dear All, the month of March always comes with a stick to taxpayers as...
2 insight
, 1 debates
, 2 idea contests
, 1 question
Share your views on how to obtain export financing, how to finance export...
1 insight
, 1 idea contests
Is Venture Capital the only available option to provide funding for your new...
1 trends
, 1 insight
, 2 debates
Sponsored Jobs
