“Aa ab lautchalen”, (meaning let us now return) is the title of a Bollywood movie which reflects the thought of many NRIs’ yearning to return to India. The decision to return requires planning, especially the finances and Resident Foreign Currency (RFC) Account is an ideal vehicle for NRIs’ to park their funds in foreign currency […]
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How to report Incomes from India while filing the tax return in USA?
It is often that people take the plea that the law is not known to them and any breach of law therefore is purely due to ignorance. However, the Latin term “ignorantialegisneminemexcusat” very aptly and succinctly states the truth-“ignorance of the law excuses no one”. Tax violations in countries like USA can be considered to […]
5 Most Important Questions to Ask Before Timing the Market to Achieve Huge Returns
“I want to exit my mutual fund to invest on real estate”, one of my client rushed and told me in a confused tone. I asked him why he wanted to exit mutual fund. He is not happy about the mutual fund which is not doing great in the recent times whereas the real estate […]
Personal Finance Websites v/s Financial Planners
Listen to this article Financial Planning is a process that involves much more than playing with numbers listed in the data sheet. This process requires a thorough understanding of what the client needs and aspires to, and how will he be able to fulfill the same. It also encompasses understanding the client’s mindset, along with […]
Have you stress tested your personal finances? Do it now in 3 simple steps.
Listen to this article Table of Contents: What do we mean by the term ‘stress testing’? How does one stress test his personal finances? Types of Stress Tests in Finance 1. Make a checklist of your financial position in detail 2. Analyze questions pertaining to certain simulation scenarios 3. Look for the best answer possible […]
7 Reasons Behind Your Mutual Funds Poor Performance and How to Overcome Them
Listen to this article Have you ever heard anyone say his or her mutual funds proved worthless, or he/she has lost money in the same? One might also experience times when their investment in a mutual fund was a major disappointment. Pertaining to these scenarios, we may consider investing in Mutual Funds a poor-quality option, […]
