No Tobacco Day
Tuesday, May 30, 2017
No Tobacco Day
Friday, May 12, 2017
I have always advocated that EVERY investor regardless of his Financial Stature should mandatorily have a Liquid Fund in his portfolio. This fund could be for his Emergency, for his Day to day expenses, anything that is needed at a short notice.
WHAT IS A LIQUID FUND?
Liquid fund as the name suggest invest in money market instruments, treasury bills, etc which have a residual maturity of less than 91 days.
They do not have Exit Load
WHY LIQUID FUNDS?
Liquid funds give much higher returns than your Savings Bank account without compromising on the safety and liquidty of your investment.
Liquid funds have no exit loads
Redemptions happens in an instant!!
WHEN CAN I REDEEM LIQUID FUNDS?
Redemptions can be done fully or partially at any point of time. In fact, some Fund Houses give you the option of redeeming INSTANTLY. Yes...You get the liquid money in your SB account in less than 30 mins!!!!
Also read http://www.goodfundsadvisor.in/2016/07/reliance-anytime-money-card-atm-card.html
2. Bonus till you spend/plan it
3. Sales proceeds of your flat till you invest in new one
4. Funds created for your child's education /marriage till you use it
5. LumSum amount lying in your bank account which you may be required any time
6. A Funds lying ideal for long weekend
1. No locking period
2. Historically return 7.50% to8.50% p.a as against 4% in saving account or 0% in current account
3. Online access
4. Minimum Rs. 5000 maximum no limit
Rs. 1 Cr kept for one day will earn Rs. 2200 per day, which mean on weekends you will earn Rs. 2,28,000 (salary of one person).
Please Consult your Financial Advisor before investing.
- The Average returns of Liquid Funds has always beaten SB Account Interest by a minimum of 1%
- True, Dividend on Liquid Funds are taxed at 28.3% but Interest on SB interest is added to your overall Income and is taxed as per Tax Slabs.
- Interest on Liquid Funds is paid out on Daily basis where Interest on SB Account is paid on Quarterly basis.
- There is no charges by AMCs if minimum balance in Liquid Fund goes below the prescribed minimum balance, whereas Banks charge anywhere between Rs.50 to Rs.1000.
Also visit http:/http://goodinsuranceadvisor.blogspot.in/
Monday, May 8, 2017
Side effects of timing the market
Total trading days on sensex till date 8548
*If remain invested all days : Return 15.94%*
Missed best 10 days : 12.79%
Missed best 20 days : 10.64%
Missed best 30 days : 8.79%
Missed best 50 days : 5.63%
Missed best 70 days : 2.80%
Investor makes money by being in the market then timing the market..
Do not wait for the market to go "down"
Invest via the time tested SIP WAY!!!
Sip evens out the volatility in the Market
"In 30 years in this business, I do not know anybody who knows anybody who has done it successfully and consistently. Indeed, my impression is that trying to do market timing is likely, not only not add value to your investment program, but to be counterproductive."-John Bogle
AFTER INVESTING KNOW THIS...
Do not stop your SIPs during times when market comes down.
Keep continuing your SIP. You get allocated max units when market comes down.
Which, in turn, gives you the highest return when market goes up, which it eventually does.
I love this poem on SIP
Systematic Investment Planning
She (SIP) teaches me discipline
She teaches me to have patience👌👌👌
With no worry of timing the market
With no worry of market fluctuations
We started young with a disciplined approach
To investment and growth
And at fixed intervals we surely meet
To check on the goals we have targeted on the sheet
Our alliance is mutual and we spend quality time
Together we plan to achieve our goals on time
She not only gives wings to my dreams and aspirations
But helps me lessen worries about my trials and tribulations
She teaches me the power of compounding
As little drops of water make the mighty ocean
Small or big, whatever my contribution be
Our friendship comes without any hassles
Easy to maintain and loving in nature
She is a blessing in disguise
My Systematic Investment Plan (SIP) - truthful and wise
Poet FB ANIL Kumar
DEHRADUN for the poem
Sunday, May 7, 2017
BEFORE PLANNING FOR YOUR CHILD'S MARRIAGE KNOW THIS...
The average budget for an Indian wedding ceremony in the middle class is estimated to be around Rs.30 lakh. (source: HT July 2015)
This estimate in 5 years time period will cross Rs. 60 lacs.
For the upper middle class and rich class, these estimate would run in Crores.
So, start investing for your Beloved child's marriage NOW!!
If you want to accumulate GOLD for your child's marriage...
Instead of gold bonds, start SIP in balanced funds to buy gold at the time of marriage of your child.
It is beneficial as the gold rates are expected to go down and the balanced funds has a potential to deliver good tax free returns.
Watch the video
Monday, May 1, 2017
BEFORE PLANNING FOR RETIREMENT KNOW THIS...
The retirement should be looked from 2 health points.
1. Financial health
2. Physical health
Interestingly people now a days put too much attention on 1 & care less about 2.
In my personal opinion, one should care more for Physical health. The reason is simple. The cost of medication 'll deteriorate your financial health also & the impact 'll be huge