Bindisha S. on LinkedIn: Taking a loan against life insurance policy is quicker, simpler, cheaper (2024)

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Gold is red hot! My story in today's Business Standard. As gold goes up and up, consider profit-taking and rebalance portfolio..Opt for a gold exchange-traded fund or a fund having low expense ratio, say expertshttps://lnkd.in/dxxfSWBZ

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Haha. True :) Well almost! credits: unknown.

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Haha. True :) Well almost!

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By yours truly: 15G/15H or Section 197 to avoid TDS? Choice depends on your incomeIndividuals with income below basic exemption limit should opt for the former, those exceeding this limit may go for the latterhttps://lnkd.in/dpVkFZs2

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Debt settlement offers immediate relief but damages your credit score!A debt settlement involves negotiating a single payment with the creditor that is lower than the amount owed.Indians are drowning in debt. India’s household debt levels are reported to have reached a record high of 40 per cent of Gross Domestic Product (GDP) in December 2023, according to a report from financial services firm Motilal Oswal. Furthermore,unsecured debt like personal loan has grown at a faster pace than secured debt. Here are a few common mistakes borrowers need to avoid while trying to come out of a debt trap.Click link to know more.https://lnkd.in/dhaWZTnY

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You should invest in silver gradually or on pullbacks after the rally.Opt for a silver exchange-traded fund or a fund-of-funds having low expense ratio and tracking error

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"A bank is a place that will lend you money if you can prove that you don't need it." – Bob Hope

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Compounding is the magic of investing,” said Jim Rogers, a renowned American money manager. This holds true for investing in the Public Provident Fund (PPF) too. (Read my story in Business Standard today.)By depositing Rs 1.5 lakh between April 1 and April 5, you can maximise the return on your investment. A lump sum deposit made before April 5 will allow you to earn a higher amount of interest income, which, with compounding, will snowball into a larger corpus than if you invest the money monthly and after the 5th of each month. Remember, personal finance is where "personal" comes before 'finance'. And while paying a lumpsum is the best case scenario, if you can't, you can't. In such a case ensure you make your monthly deposits atlest before the 5th of every month to make better returns than paying after 5th. *SHARE*, this story with your friends today. Remember retiring rich is a good thing! Richer even better :) Read the whole story in Business Standard

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