Investing Insights

Emergency Fund: What Is It, Why and How Much of It Should You Have?

In 2023-24, many IT companies and start-ups laid off many employees. The IT companies had to lay off people as the demand or discretionary spending pickup in their major market, i.e. the US, was not as strong as expected. The start-ups had to lay off people as they were not able to raise subsequent round(s) of funding due to the funding winter. In both scenarios, people who lost jobs were left in the lurch. As the IT and start-up sectors were going through a soft patch, it was difficult for these people to either get new jobs or at the same/better pay package.

Succession Planning: What Is a Will, Terms Related to It, and How to Make It?

As per Indian succession laws, on the death of an individual, their assets are distributed among the legal heirs. The legal heirs are categorised into various classes and are listed in the sequence in which they can claim the assets. However, what if you want to distribute your assets to other people along with your legal heirs?

NASDAQ Mutual Funds Was One of the Best-Performing Indices in 2023 With 55% Returns. Should You Invest?

In 2023, the NASDAQ 100 Index gave stellar returns of 55%, making it one of the best-performing indices amongst major global indices. Looking at the 55% eye-popping returns in 2023, many Indian investors are looking at ways of investing in the NASDAQ out of sheer FOMO (Fear of Missing Out). They expect the outperformance to continue in 2024 and beyond.

Budget 2024: What to Expect – Tax Exemptions, Deductions, Change in Slabs or Status Quo?

With the new Government in place and the continuation of Nirmala Sitharaman as the Finance Minister, the Union Budget is expected to be presented in July 2024. The expectations from the Finance Minister are running high from all sections of taxpayers. In this article, we will look at what can a common man expect from the budget.

New KYC Changes Applicable From 1st April: How to Check Your Status and What Should You Do?

SEBI has made changes to the KYC requirements from 1st April 2024. All AMCs and SEBI Registered Intermediaries (SRIs) have to check the KYC details of existing investors and new investors. As a result, all investors will have to check their KYC status to continue with their existing and new investments.

How Can 50/30/20 Budgeting Help Allocate Money Towards Financial Goals

Most people understand the importance of financial planning and desire to invest towards their financial goals. However, some people are not able to do so because, by the end of the month, they are left with little or no money to invest.

Alternative Investments Are Booming: Be Aware of the Risks Before Investing

In the last few years, some fintechs have brought alternative investments within the reach of retail investors. Earlier, these opportunities were limited to specific investors like corporates, HNIs, family offices, etc. As alternative investments are accessible to retail investors, they have become popular in the last few years, and continue to grow at a fast pace. Before taking the plunge into alternative investments, retail investors should weigh the risks and rewards properly. So, what are some of the alternative investments available, and the risks that they carry?

IRDAI Has Announced Policyholder-Friendly Initiatives: How Will They Benefit You?

In the last few years, the awareness about the importance of health insurance has increased a lot. Many people who earlier did not have health insurance or were dependent only on employer's group cover or other group health insurance schemes have taken individual/family floater health insurance plans.

Silver Prices Are at a Record High: Should You Invest?

In April 2024, the silver prices made headlines by crossing all-time highs to touch Rs. 85,000 per kg. Silver has the dual benefit of being a precious metal and industrial metal. High inflation and geopolitical uncertainty have boosted the demand for precious metals.

How can credit card rewards help you book flight tickets for your vacation?

Family vacations are one of the best ways to take a break from your busy work schedule, rejuvenate yourself, and return to work with a fresh start. Many people realise the importance of vacations and have included 1-2 vacations in a year as part of their goal list.

Ways of Saving Money on a Home Loan

Purchasing a house with a home loan is one of the biggest financial commitments an individual makes during their lifetime. Usually, a home loan tenure ranges from five to thirty years. The longer the tenure, the higher the interest amount an individual pays.

Financial Planning for Single Women: Strategies for Long-Term Security

In today's world, not everyone prefers to get married and start a family. Some individuals, men as well as women, choose to stay single. They like to have a fulfilling career, focus on their passion like travel and go solo about it. In this article, we will understand how single women can do their financial planning and create long-term security for themselves.