Budget 2020

Time is money: 10 tips on how to utilise your time to the fullest to enhance your wealth

We know too well that money is precious. However, we usually ignore another precious resource, time. We should value time as much as we value money—wasting it is similar to wasting money. Here are some useful tips on how to utilise your time to the fullest to enhance your wealth. 1. Create a schedule Just […]

Budget 2020

Ask us on investment | Where to put your money first

For goals beyond seven years, you must open a PPF account and invest in it each year. Q. I am a 25-year-old government employee. My monthly earnings are about ₹30,000. I’m a bachelor; how much should I save every month? I am yet to start financial planning. I have some interest in the stock market. […]

Budget 2020

NPS vs PPF investment: Where should you invest to save for your retirement?

Saving for one’s retirement is an extremely crucial financial goal. The best way to save for retirement is to go for long-term small but regular investments. For this, the National Pension System (NPS) and the Public Provident Fund (PPF) are two commonly used products. Here is a look at each of these products in detail […]

Budget 2020

What does ‘turnover’ in the stock market indicate?

1. Market turnover indicates how much trading activity took place on a given business day in the market as a whole or individual stock. 2. Turnover can be represented in two ways, traded value in rupees and traded volume in number of trades. 3. Higher turnover in a stock indicates better liquidity which means that […]

Budget 2020

Voluntary Provident Fund (VPF) vs Public Provident Fund (PPF) – Which suits you better?

When it comes to safe fixed income investment options, investors often face a dilemma as whether they should invest in the Voluntary Provident Fund (VPF) or the Public Provident Fund (PPF). Though both carry the same suffix, Provident Fund, and offer attractive returns, they differ in aspects such as eligibility, investment period, return, liquidity options, […]

Budget 2020

ET Wealth Wisdom Ep 109: Why you cannot stick to your household budget | The Economic Times Wealth Podcast

Hi everyone and welcome to episode 109 of the ET Wealth Wisdom podcast I am Tania Jaleel The monthly household budget It is the first step to ensure a smooth financial journey But this seemingly innocuous exercise is something that many people find it hard to stick to consistently in the long term. In this […]

Budget 2020

arbitrage funds: What are arbitrage funds. All you need to know

As markets hover around record highs, nervous investors are looking to shift a portion of their money to safer products with lower taxes. Arbitrage funds, considered as one of the safest among equity-oriented schemes, saw inflows of Rs 5,235 crore in January. Financial planners are recommending this product to clients looking for tax-efficient returns for […]