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Showing posts from September, 2019

Should I use my saving of Rs 10 lakh to buy a house?

Q:  I have a saving of around Rs 10 lakh. Would it be wise to use the amount to buy a house with the help of a home loan? I am currently living on rent and paying Rs 17,000 for it. My monthly take-home salary is around Rs 72,000. A:  Yes, a home loan is the only thing that I suggest people should borrow. And more so for a person like you who will be able to buy the house, live in it and save on that Rs 17,000 which is the rental outflow. Never consider buying a home as a second home or as an investment wherein you are unlikely to live. That's not a good idea.   So, in this case, it makes eminent sense. Just do your calculation. Make sure that you are not paying more than a third of your income of Rs 72,000 divided by three. So, Rs 24,000 should be your maximum EMI.  I am just framing it so that you do not lose onto the basic framework of financial prudence. So, you have to wait to buy a house wherein your down payment is such that the instalment or your EMI for the home loa

Simplifying fund selection

Confusion by choices Equity mutual funds are the recommended investment avenue for most ordinary investors because they are convenient and easy to manage. An investor can rely on the expertise of the fund manager, without having to spend too much time and energy in picking stocks. This sounds like a simple enough thing to do. In practice, however, it is not as easy. The first task at hand is probably also the toughest, which is picking an equity fund to invest in. There are literally hundreds and one can't blame an investor for getting lost. Narrowing down the options The Fund Selector tool comes to the rescue. This tool helps an investor pick the right fund out of the many options available. You can use the tool to choose funds by fund house and fund category. You can further filter the selection by excluding funds by their star rating, type, etc. Once your selection is done, click on the 'Go' button to get a list of funds that fits the chosen criteria. Selecting

Weekly Updates Sep 2nd - Sep 6th

Technical outlook info —>  http://web.angelbackoffice.com/angelbroking/econnect/Weekly_07092019/images/Weekly_07092019.pdf Currency info —>  http://web.angelbackoffice.com/angelbroking/econnect/Weekly_07092019/images/WeeklyCurrencyReport06092019.pdf Commodities info —->  http://web.angelbackoffice.com/angelbroking/econnect/Weekly_07092019/images/WeeklyCommoditiesReport06092019.pdf Derivatives info —-> http://web.angelbackoffice.com/angelbroking/econnect/Weekly_07092019/images/Weekly_07092019.pdf                                                                         💹Angel Broking🌐

Is it time to make lump-sum investments now?

No, never. For most investors, making one-time investments becomes a problem. This is because when you invest a large sum of money, then even a one per cent decline becomes unnerving, as one starts relating it to one's monthly income and it looks like one has been defrauded. So, for most individual investors, a fall in lump-sum investments becomes quite frightening. Having said that, in my opinion, any equity investment should be done with your long-term money (five years or more). Also, this should never be invested as a lump sum. Averaging your investments is very important for managing your behavioural reactions to short-term market movements. One can never say where the markets may go and we can only say such things with great precision once things have happened. Since you don't know what the markets have in store, being regular with your investments in high-quality funds is the key.

How to really buy life insurance

When faced with the prospect of figuring out how much insurance to buy, most people pluck a figure out of the air - something that just seems adequate. Or another common practice is to rely on insurance agents to decide a policy and sum assured. This is obviously not the way to make this important decision. The only reasonable way of deciding what and how much insurance you need is to unemotionally create a financial plan that your family should follow if you die suddenly. Families also have to consider the impact of both parents passing away in an accident. The impact of such a tragedy could be greater than just the sum of two deaths occurring separately. Here are five things to consider. Consider these five factors when buying life insurance Time left to retirement: Before buying any term insurance plan, an individual must assess the time left to retire and what 'sum assured' will be sufficient. Time remaining to retire here does not necessarily mean retirement fro

Should I exit from a fund showing negative returns?

It's a very complex question, as the answer depends on the kind of fund you have invested in. After seeing excellent returns in 2017, many investors invested in the market. But 2018 turned out to be very devastating for equity and even now, the market is not going anywhere. So, many people are getting disappointed. But when it comes to equity investments, a time framework of one and a half years is too short to decide on exiting the fund. Likewise in fixed-income funds, some funds suffered because of rating declines or poor credit. Many funds were marked down. But that money has not disappeared and is subject to some resolutions. So, don't get out of those funds in a hurry. There can be another situation wherein one invested in a fund based on its recent performance but now it is not working out as expected. In such a case, you should take out your money and rethink about how you should invest the money and then, be methodical about your investments. Generally, when inves

List of debt free companies

Here's a list of debt free companies V I P Industries Ltd Vinati Organics Ltd Page Industries Limited Tata Elxsi Limited Dabur India Ltd Nestle India Limited Britannia Industries Ltd Jubilant FoodWorks Ltd Hindustan Unilever Ltd 3M India Ltd Sanofi India Ltd Pidilite Industries Limited Dr. Lal PathLabs Ltd Bosch Ltd Whirlpool Of India Ltd. Colgate-Palmolive (India) Limited Monsanto India Limited Amara Raja Batteries Ltd Indraprastha Gas Limited Bayer CropScience Ltd Maruti Suzuki India Ltd Natco Pharma Ltd. Lakshmi Machine Works Ltd Eicher Motors Ltd V-Guard Industries Ltd. CRISIL Ltd. Bajaj Corp Ltd Wabco India Ltd P I Industries Ltd VST Tillers Tractors Limited Symphony Ltd Avanti Feeds Ltd Time to grab this kind of companies.

What Is The Difference Between Equity Savings Fund And Fixed Deposits?

Hi Blog Members, Watch video till the end ---->  https://youtu.be/gAEFDQGLDQs