Selling Property? Don’t Miscalculate Your Section 54 Reinvestment Amount

In a previous article, we highlighted the common mistake made by many while claiming capital gain exemption under Section 54 and Section 54F – Claiming Capital Gains Exemption? Watch Out for This Common Slip. In this article, we shall deep-dive into how much one should invest to claim capital gain tax exemption under Section 54 of…

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Unrealistic aspirations will make us poor even if we earn in Lakhs!

With each passing day, Indians consume more and more than previous generations. Their aspirations, dreams and wants are often higher than their salaries. Whenever I am invited to speak to a group of employees on the basics of investing, I hear stories of excessive debt. There is a growing mismatch between income and aspirations. People…

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Stop worrying about market conditions and focus on goal-based risk management

Investors, especially those who have just started to invest, spend a lot of time and energy worrying about current market conditions and trends in the near term. Instead, they can easily reduce portfolio risk with these simple steps we refer to as goal-based risk management – a combination of passive, systematic investing and active risk…

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How can I plan if my goal deadlines are after retirement?

Typically, retirement is the last and most important financial goal for most families. Before retirement, the kids would have started working and sometimes married too. However, this dynamic is fast-shifting because normal retirement is no longer at 60. It is now 50- 55. Additionally, more and more people are getting married and becoming parents late….

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At what salary level should I hire a fee-only financial planner?

Two communities know the benefits of approaching a SEBI-registered fee-only financial planner who charges a flat rate (not a percentage of your assets): freefincal readers and members of the FB group Asan Ideas for Wealth. More than 1000 freefincal readers are working with the advisors on the site’s curated list. However, even in these communities,…

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