The real reason why some of the uncles and neighbors became millionaires is that of the illiquidity of real estate as an asset class. If they had brought shares instead of real estate, they would have exited the investment as soon as they saw some appreciation. However, since real estate w...
Suppose after paying your first installment of tax on the estimated income, your actual income increased due to some shares/mutual funds you sold, You will need to revise your income and accordingly pay the differential in the next installment. Although Advance Tax is liable to be paid on all...
Prashant Jain’s performance in HDFC Prudence would suggest that your faith in this gentleman is overrated. Index fund has outperformed Jain’s funds by miles. I would any day trust the index rather than a so-called celebrity fund manager. ...