Why stopping a SIP early can make you lose out on its real benefit
Data suggests do-it-yourself investors may be quitting SIPs without giving them enough time. Rolling returns since 2005 show how the odds of losing money shrink the longer you stay.
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Chasing FIRE: Why the American early retirement playbook fails in India and what you can do to fix it
Over the last few years, the Financial Independence, Retire Early (FIRE ) movement has gained momentum in India and many other parts of the world. Some FIRE aspirants prefer to retire and live on passive income. On the other hand, some people focus on the financial independence aspect of FIRE and not the retire-early part….
Ultravolt launch sparks sell-off in wire stocks; high-voltage players insulated
ET Intelligence Group: Shares of most listed wire and cable makers have lost 3-11% in the past two trading sessions amid concerns over the impact of Aditya Birla Group‘s foray into the sector under the brand Ultravolt. The entry of a well-funded company with a focus on strengthening pan-India distribution is expected to intensify competition…
Term insurance for students: why insurers are selling life cover before careers begin
Term insurance is reaching students as young as 18, offering lower premiums and early insurability. But without income, dependants or debt, does buying life cover before a career begins make sense?
How much cash can you deposit in a savings account in a year? Here’s what happens if you cross the limit
Cash deposits into a savings account may seem like a routine banking transaction, but large cash deposits can attract regulatory and tax scrutiny. Banks are required to report certain high-value cash transactions, be it withdrawal or deposit, to the income tax department. Savings Accounts are opened to help people manage their money, which includes withdrawing…
Why Old Bridge’s Kenneth Andrade is avoiding IT despite attractive valuations
Kenneth Andrade, founder and chief investment officer, Old Bridge Mutual Fund, is known for his high-conviction stock-picking. In this interview, he explains why he remains constructive on Indian equities, the sectors he is backing and avoiding, and the biggest risks he sees for markets.
Gifting money to your spouse? Here’s when tax applies and who pays it
Many people assume that transferring money to their spouse who has little or no income and investing it in their name will help in reducing the family’s tax liability, but the income tax department sees through it. For example, if you gift money to your wife and she invests it in fixed deposits, mutual funds,…
