Warren Buffett’s rules of investing are not just rules, they are principles based on which good businesses operate. So it would not be wrong to say that Warren Buffett is not just a great investor, he also has extraordinary business acumen. So let’s try to first dig into the roots of Warren Buffett and his investment…
Systematic Transfer Plan (STP) is a useful tool like Systematic Investment Plan (SIP). SIP has become a synonym for mutual fund investing. People prefer buying mutual fund units through SIP route. Hence these days, it is not necessary to explain the meaning and purpose of SIP to people. But the concept of Systematic Transfer Plan (STP)…
Value investors are always prepared to invest in a bear market. Why? Because it is in the bear market that they make maximum profits. Generally, there is a fear of bear market because majority lose money during this time. But value investors considers falling market as an opportunity to make big money. People like Warren Buffett…
Senior Citizen Saving Scheme (SCSS) is a “Government Initiative” in line with Government Savings Banks Act, 1873. It comes under “small savings scheme” which became live for public from 2-Aug-2004. Considering that SCSS is a “central government” initiative, the investment made here is highly secure. This is one of the reason which makes it a…
There are several factors that improves strength of currency (see this flow chart). When we talk about currency strength – a stronger currency is better, right? But in the world of economics this is not always the case. Majority countries prefer to keep their currency weak over USD. We will see why…(here) Why I researched…
![Income Tax Slabs: Tax Liability Comparison Between 2020 and 2019 [Calculator]](https://ourwealthinsights.com/wp-content/uploads/2020/02/Income-tax-slabs-Image.png)
In Union Budget presented in Feb’2020, a new tax regime has been proposed. The income tax slabs has been altered. Compared to 2019 the new tax rates are lower. But the lower tax rates will not necessarily reduce the tax liability for everyone. Who will benefit? Some will benefit from the new lower tax rates….
There is an interesting report of World Bank on consumer spending habits of developing nations. It also gives detailed numbers on where do people spend money in India. A report like this gives a nice visualisation of how Indians (and other population across the globe) spend their money. Though the report is dated 2010 but…
Why do we pay taxes? The tax paid by us becomes a receipt (income) for the government of India. They use the receipts to fund essential expenses like defence, police, judiciary, public health, infrastructure etc. But you will be surprised to note that almost one quarter (23.31%) of the total government expense is spent on…
This blog on day trading is neither a guide nor a reference of any kind. It is just an experience sharing article on how I practice intraday trading on personal capacity. Generally I love to buy stocks of fundamentally strong companies with intentions of holding them forever. So why I practice day trading? It will…
Summary: This guide highlights the emergency fund’s importance for middle-class financial security, recommending a six-month expense reserve with cash and insurance (life, medical, motor, property). It details building it via recurring deposits, storing it in liquid, low-risk options like savings accounts, and prioritizing debt-free status and investments only after the fund is set. Table of…
When we buy/sell stocks, this trade happens in a financial market. People trading in forex, derivatives, commodities etc do so in a financial market. Even our banks, insurance companies, mutual funds, pension trusts etc are a participant of financial market. In simple term, we can say that a “financial market” is a phrase used to…
National Pension System (NPS) is a ‘retirement savings scheme’ which anyone can use to build retirement corpus. Yes, NPS is a corpus builder. In itself, NPS cannot generate income after retirement. Why I’m highlighting this fact? Because as an investor we must be aware that only NPS-investing will take us through. More needs to be…
