Savings vs. Investments
Save or InvestBefore we embark on a journey towards financial independence, let us first understand the basics of savings and investments. A disciplined investor creates a balance between the two.Saving is the process of parking hard cash in extremely safe and liquid securities. The primary aim should be capital...
Goal Based Investment
Our goals can only be reached through a vehicle called Plan, in which we must fervently believe, and upon which we must vigorously act. There is no other route to success.” —Pablo Picasso If you are investing without a goal in mind, then you are not saving enough for...
Capital Gains Bonds – 54EC Bonds
54EC bonds, or capital gains bonds, are one of the best ways to save long-term capital gain tax. 54EC bonds are specifically meant for investors earning long-term capital gains and would like tax exemption on these gains. Tax deduction is available under section 54EC of the Income Tax Act....