Through the Looking Glass

If the needs of families gave birth to family office concept, the changing business environment has made it a business opportunity today and Financial Planners in India can take a lead in utilizing this opportunity. Read the detailed article here:  Financial Planning Standards Board

The Economic Times Realty funds offering innovative investment avenues Pradeep was ecstatic. He had just received a larger than expected year-end bonus. After a vacation to Shimla with family, he was now wondering how to invest the remaining amount productively for the future. He considered buying a flat in Mumbai, using the bonus as down payment and taking a loan for the remaining amount. Though he would get a tax benefit on interest repayment, prevailing high rates worried him. He was not sure about finding the right property with a good rate. He was told that yields on commercial property were better than those on residential, but the ticket size was higher. The likes of Pradeep can take heart as there are now useful vehicles in the form of Real Estate VC funds and Real Estate PMS. They address precisely the problems mentioned above. For a fee (typically 2% annually), they take money from investors and invest in a set of realty projects. They take a share of profits from in

The Economic Times If you have exchanged vows recently, you would need to rejig your expenses and savings structure. Here's how you should go about it. Now that both of you have decided to take the plunge, among the various angles that you should look at, there is one more that both of you should consider jointly: your finances. As you move from the ‘single stage’ to the ‘double income no kids’ stage, it is important to note that your priorities, incomes, expenses and savings will all change significantly. (This article addresses the couple where both are working). There are certain strategic and the tactical changes that you should consider and prepare for. Change in milestones: One of the pillars of financial planning is identification of milestones. When you are single, milestones are determined by your whims and desires. Talking to each other about your financial milestones will reveal how significantly different your ideas might be; and this will set the stage for a

“While thinking of equity investments, think long term” - goes oft-repeated words of wisdom. Is it true only when the markets touch these unprecedented heights or should we keep this in mind even during saner times? Read the whole article here:  Financial Planning Standards Board