There are many articles published on HUF (Hindu Undivided Family) but the knowledge around HUF is limited and the majority of the people have shied away from leveraging it for Financial and Tax Planning purposes. What is HUF? HUF is a family arrangement covered under the Hindu Law by which a joint family can hold […]
The year 2019 has taken Market Pundits by big surprise. Nobody could have imagined the way events have panned out. The unprecedented victory of an incumbent government in this election came out as a big surprise to all. Nevertheless, the GDP growth fell to 4.5% in the September quarter, the slowest pace over the last
This is the final blog in the series “Swami’s titbits on Family Finance” based on narration from my friend Swami. Swami moved back to India from US in Nov 2003. He took two months of hiatus and then joined an IT company. He had to dispose of most of his belongings back in US but
This is the third blog in the series “Swami’s titbits on Family Finance” based on narration from my friend Swami. After a long hiatus, I managed to connect with Swami again. As promised last time, Swami was eager to talk about his sojourn in US. Land of Opportunity Swami had moved to US, the “Land
From Dalal Street to Wall Street Read More »
This market will test your nerves. Are you nervous that your investment decisions over last few years have not been favourable? If yes, what are you doing to clean the mess? Is your current investment portfolio geared for tomorrow so that when the market goes up you will be part of the party? If not,
There will be Another Dawn Read More »
Recently, I travelled to Delhi for some personal work. On the way back to the airport in the cab, while interacting with the cab driver, I came to know that his wife was unwell and he had to shell out significant amount of his savings for her healthcare. This motivated him to find out ways
Helping those Who Help You Read More »
I met Swami the second time to understand how he picked up the nitty-gritty of investment at an early age. Landing at Mecca of the Equity Investment Swami told me that it happened by chance. When Swami completed his Engineering in the 1990s , he did not get a job immediately as there was no
Learning nuances of Equity Investment Read More »
Hello, I met my childhood friend Swami after a long time. Swami, right from his childhood days was very keen and curious about family finances. I told him that I am planning to write a chronicle on family finances and I would like to pick his brain for relevant personal experiences/stories. Swami agreed. What follows
Expense Management and Savings Read More »
The Indian economy is slowing down. The growth in March quarter was at five-year low of 5.8% and for the full year, it was down to 6.8% based on government data. In past, consumer spend and government spending kept the economy going but the default from IL&FS last year had debilitating effect on the NBFIs
Navigating through the challenging Equity Market Read More »
The Incidence My father (a Senior Citizen) has an account with one of the largest public sector banks in his hometown. He has a Debit Card from the bank, which he uses only for cash withdrawal from ATMs and no other transactions. On 30th October last year (2018), when he visited the branch ATM to
When the Digital Fraud hit Home Read More »