Manoj Arora's Blog, page 27

Your EPF money will be invested in equity : Rebalance your portfolio

Not that you have any choice, but you should be aware that your corpus of Employee Provident Fund(EPF) (+VPF) which you have been accumulating over many years, is now going to be exposed to equity market. This move has its own merits and demerits. You must understand what's happening to your money, and you may also need to rebalance your portfolio to the extent of your money movement from a

2 Years.....and counting !!

This week, we completed 2 years of the launch of our first book "From the Rat Race to Financial Freedom". Since the launch, it has been an amazingly satisfying journey in which thousands of lives have been positively impacted. The feedback from all of you during the last 2 years, via one-one sessions, seminars, blogs, social media,

10 Financial Checkpoints in the new Financial Year

The financial year 2015-16 started more than a month back. Thats how fast time moves. Now that you are well into the new financial year, make sure you do not miss out checking on the following 10 (ten) financial checkpoints to have a financially rewarding year..read on.. 1. Calculate RoI for the last year Most people have no clue about how their portfolio is actually performing year on

'The Week' magazine interviews yours truly - Buying Happiness

Last week, a special reporter from 'The Week' magazine connected with me to understand what is driving some of the authors like us to make people financially literate and generally interested in finance. 'The Week' happens to be the largest selling English news magazine in India followed by India Today and Outlook...read on... After a series of articles in the Complete Well Being magazine

Your passion Vs Your profession

This is the question which would have haunted you at some stage of your life, or is it still haunting?Your heart wants to chase your passion and calling of life, but your mind restricts you to your profession - for the risks involved as well as lower money assurance in chasing your passion. Is there a way out? Can we make our passion our profession? “Hey Sandeep, Which stream did you

Understand Health care provisions (Section 80D) for you post Budget 2015

Section 80D of the Income Tax Act provides provisions for us to claim deductions in taxable income for the health insurance policies, medical expenses and preventive medical checkups that we do throughout the year. Make sure you are aware of the latest provisions as per Budget 2015, so that you can save on taxes for the money you pay on covering your health. With Budget 2015, there has

Investing in the new NPS is akin to marrying Katrina Kaif

Investing in the new NPS re launched with the budget 2015 is akin to marrying Katrina Kaif. Looks so inviting, but hold on. Given a chance, would you really marry Katie? Really? Surfing through the television channels and nothing great to watch after the sad exit of the Indian cricket team from the world Cup, my hands suddenly got frozen on the remote control. What I was seeing was a

She made her little contribution...Have you?

So often, we are faced with situations in life where our contribution to change things around us seem just so little, so tiny that it seems like a waste of effort. Again, it is about how we look at it. A different perspective can change things around, and give us the motivation, desire and the energy to continue to seek change. In my teenage days, my mom used to tell me a story of a little

Sukanya Samriddhi Yojana (SSY / SSS) Vs Public Provident Fund (PPF)

Many parents plan to invest in thePPFandfixed depositsfor their little one's education or marriage. Things could be changing here, especially if you are blessed with a fairy, rather than a brat :)TheSukanya Samriddhi Yojana(SSY) could just be a better alternative...read on... Launch The scheme -Sukanya Samriddhi Yojana(SSY), also called asSukanya Samriddhi Scheme(SSS), was

EMIs and pre-EMIs on Home Loans

If you have ever taken a home loan, you would have dealt with Equated MonthlyInstallments(EMIs),and if you have ever been involved in taking a home loan on an under construction property, you have surely dealt with 'pre-EMIs'. Let us clearly understand what separates EMIs and pre-EMIs, both from loan and from taxation perspective.... Read On...

What are Equated Monthly Installments (EMIs