For the past few days, I’ve taken a break and have been “consulting” with a few of my friends and family over budgeting. I could do this for a living 😛 The first consulting session I took were basic ones some of which I have already covered in my previous blog posts. If you’re new here, you should refer to […]
read moreTag: Liquid mutual funds
Why NPS is a bad investment
Many look at NPS as tax saving instrument as NPS is eligible for deduction in taxable income upto the limit of 1.5L under section 80C. One can also avail deduction up to INR 50,000 beyond the 1.5L limit under section 80CCD. This makes NPS look like an attractive investment. But is it? NPS essentially is a retirement solution regulated by PFRDA […]
read moreWhere All Should You Invest?
Once you’ve decided that you want to start investing, the next natural question is where all should I invest? Depending on your risk capability there are various instruments where you can put your money. For simplicity, assuming you’re a novice investor, I’ll list a few instruments you should consider. Emergency Funds (EF) Before you get into building wealth, first and […]
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