All parents expect their children to take good financial decisions when they grow up. We understand that our children will be dealing with things related to money when they step out of the house. But, it’s equally important for the parents to understand financial planning literacy can’t be developed...

Q :I AM   37 YEARS.I WANT  TO INVESTMENT  IN MUTUAL FUND , MONTHLY INVESTMENT 500/-FOR 10 YEARS , PL SUGGEST  ME WHICH PLAN  IS SUITABLE. Answer : Your best bet is a SIP (Systematic Investment Planning) where you put a small amount monthly in a mutual fund, just as you are...

Q : I want to invest rupees one lac in top ranking mutual fund. Please suggest the best.   Answer : Some diversified equity funds to look at (for investing with a tenure of 3-5 years) are DSP BR Top 100 Fund, Sundaram Select Midcap Fund, HDFC Top 200 Fund, DSP BR Equity Fund and Benchmark S&P...

Q: What is share market? Answer: The Indian Share market enables buying and selling of shares of various Indian public companies as well as other securities and derivatives. Through selling shares in the market, companies are able to gather investment funds for their expansion, operations or improvement...

Q: I want to make a retirement solution for my father, advise appropriate one please. Answer: For a retired person, it is important to take care of two things:Monthly income and inflation-adjusted growth of the portfolio. The second objective can be achieved through investing in equity stocks/ mutual...

Q: My annual income is 10 lacs. Plz guide me to the right tax saving strategy as well as wealth creation plans. I am 35 years old.        Answer: Check out our articles on tax-saving strategies at this link http://www.investmentyogi.com/cs/blogs/default.aspx?GroupID=8 For...

The term “ hard earned money” speaks a lot about the hard work, passion and talent of the person who earned it. However, the art does not lie in blindly making money, but in keeping it and learning how to track it. You probably can’t find someone better than yourself to take care of your money – provided...

Irrespective of good times or bad times, if you follow these basic rules with your money you are sure to reap rewards and a secure future! 1 . Invest early! The early bird gets the worm and the nectar in the flower too! There is no bigger mantra than starting to invest early. The difference in an investment...