Overview Mutual Funds pool money from investors and invest in Stocks, Bonds, Money market instruments and other Govt Securities. There are various types of Mutual Funds and there are several Mutual Fund schemes in each category. I have already provided more details on types of mutual funds and on how to pick-up the right mutual fund in one of my […]
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Overview Mutual Funds pool money from investors and invest in Stocks, Bonds, Money market instruments and other Govt Securities. There are various types of Mutual Funds and there are several Mutual Fund schemes in each category. I have already provided more details on types of mutual funds and on how to pick-up the right mutual fund in one of my […]
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Overview Creating a website for selling products and services is one of the best ways of making money. However to create a website or blog, it may take lot of time and energy. On top of this, we need to spend lot of money. There are various ways for which a website is created – Website for selling products and […]
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Overview You might be aware that investment in shares (Commonly referred as “stock”) would provide good returns over long-term. However in case of stock futures, the stocks are purchased/sold for a day or for a period of 30, 60, 90 days expecting the price to increase/decrease within this period. However there is no delivery of the shares. It is a […]
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Overview – System Investment Plan (SIP) System Investment Plan (SIP) is the plan where investor makes equal investments at regular intervals into mutual funds on a specific date for a specific period. The biggest advantage is the averaging of the investments made where the market fluctuations are eliminated. How does SIP runs ? Investor makes equal investments at regular intervals […]
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Overview Due to growing demand on quality education there are various ways where education institutions are trying to attract the parents. This is one of the evergreen market where one can make money What do school books publishing company do ? Books publishing company can identify the latest hot topics, prepare the content of the book with professionals in educational […]
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Have you managed your cost budget and know your true savings month on month ? Overview of "Managing budget" Many of us complain stating that in some months we spend abnormal expenses either for children education, car maintenance or insurance payments and our savings month on month fluctuate. How to identify the true savings month on month is a big […]
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Overview What I meant here is, not to cut-down the items which you use and reduce the expenses. What I refer is getting what you want with lesser costs, thereby increasing savings and adding this kitty as extra income. How to reduce your expenses You are aware of the saying “80% of the problem would be in 20% of […]
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Recently, I met one of my old friend, Rahul in one of the get-to-gether. He is illiterate, struggled for earning money for 10-12 years, but now he is earning an income of 3 times more compared to a person working for an IT / MNC company on an average. He is either doing any magic or doing any impossible […]
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Overview There are various tax saving schemes in India where a individual tax payer can invest and get benefit in income tax. Currently for FY 2012-13, below are the income tax slabs. Taxable amount (INR) Tax 0 to 2,00,000 Zero tax 2,00,001 to 5,00,000 10% tax 5,00,001 to 10,00,000 20% tax 10,00,000 + 30% tax However we see that an […]
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