The MoneyPlant

       Marriage is the happiest event in each one's life. But that is not the end; instead it is a beginning of a long journey. This is the time where one needs to foresee responsibilities with financial planning. To help start the process, ask yourself these questions -  Typical goals will be - Stage -I Stage - II  Guidelines  to achieve..                    1. Add Nominee to all existing financial instruments like Bank accounts   Investments etc                   2.Get adequate Life & Medical  Insurance for you & your spouse.                   3. Do the Tax Planning. ELSS MFs are the best options for Tax saving.                   4. Refer to our Blog Sowing the MoneyPlant for percentage asset allocations to  each class.       ...

                                    Various investment avenues exist to help you invest your savings and earn the highest possible returns with the lowest potential risk. These are broadly categorized as asset classes and some examples include, but are not limited to, cash and cash equivalents, bonds, derivatives, equities, real estate, gold, commodities, and alternative investments. Let us understand in details about each one. 1.Fixed-income asset class: One of the most popular investment options among Indians, the fixed income asset class is one of the oldest forms of investment. It includes corporate and government bonds, corporate debt securities, money market instruments, etc. Such asset class typically invest in debt securities that endeavor to pay investors interest until maturity 2.Equity asset class: Equity or stock are shares of ownership issued by companies. Equity...

       The Indian stock market traces its history back to the late 18th century when the trading floor was under the shade of a sprawling banyan tree opposite the Town Hall in Mumbai. A few people would meet under this tree to informally trade in cotton. This was mainly due to the fact that Mumbai was a busy trading port and essential commodities were traded here often.      The Companies Act was introduced in 1850 following which investors started showing an interest in corporate securities. The concept of limited liability also put in an appearance around this time. By 1875, an organization known as ‘The Native Share and Stock Broker’s Association’ came into being. This was the predecessor of the BSE .      In 1894, the Ahmedabad Stock Exchange came into being primarily with the objective of enabling dealing in the shares of textile mills in the city. The Calcutta Stock Exchange was formed in 1908 with the intention of facilitating a m...