Earning money is important but increasing that money is a smart move. Investment planning is something that nearly every individual who earns, looks at. Property investment is one of the most typical and crucial decisions involved in investment planning. Whether you are buying a family house or a commercial space or a property purely as an investment, it requires a lot of research, awareness, calculations, etc. You need to be sure about what is the purpose of your investment, what is your expectation out of that investment and is that going to be a successfully affordable investment. Once these basic doubts are cleared, we move to another set of questions concerning location, true worth and choice of a property.

Before we forward to the tips for buying property, we need to understand the pros and cons of buying property and in which case we should go for it.

Step 1 - Should you invest in real estate or property in India?
Is buying property a good investment option? Of course, investing i…

Google finance vs Yahoo finance - Which one is more suitable for India?

Below is a comparison between Google finance and Yahoo Finance: The Similarities Both Yahoo! Finance and Google Finance operate popular financial websites that provides stock quotes, financial market news and general business news. Yahoo! bills its Finance portal as its industry-leading business and financial news product, and the service has evolved from its desktop origins to utilize the mobile internet and mobile apps. Both sites consistently rank among the top 15 most popular personal finance websites and are quite similar in the financial information they provide. The Differences Both sites are popular, but Yahoo! Finance is nearly twice as popular as Google Finance. Recent estimates put Yahoo! Finance at an estimated 70 million unique visitors each month while Google Finance is well behind at 40 million. This puts Yahoo! Finance in pole position while Google Finance is number four behind. Perusing both websites, Yahoo! Finance has a better look, feel and much more content. Loo…

Caring For Elderly Parents- A Financially Planned Future

India currently has a huge population of 1.25 billion. Of this more than 30% people are in the 50+ age bracket. Going forward, people in India are expected to live longer due to improving living standards and access to modern medical care.

What does this mean for all of us? We all have elderly people in our family. Our parents or that special someone, who we need to take care of in their old age. Do you care for an elderly parent or special someone? This post outlines some of the issues you may need to consider.

As we live longer, most of us become a part of the sandwich generation, finding ourselves caring for elderly parent whilst also looking after our own children. This can put enormous pressure on a person who is caught in the middle, with competing demands on their time and resources.

Below are some very useful tips that will help you reduce the burden if you are a carer in this situation.

1. Organise their important documents

A good place to start is to help your parents assemb…

Insurance: Are you covered?

Recently, I spoke to a IIT friend who wanted some advice about insurance. He had purchased an insurance policy in 2007 with the below features:
Sum assured for life insurance purpose = 10 lakh Annual Premium = 50,000 rupees Policy term = 21 years Money back amount of 21 lakh after paying the above premium for the policy term. 
This was the only insurance policy he had even though he earned very well. I was surprised by the highly inadequate cover he had and how much risk exposure he had. If this is the situation of highly educated persons, then what about the common man? Is insurance required or is it just wasteful expenditure? Are you covered for the risk that you are carrying? Read on, to find out.

 Insurance can sometimes seem counter-productive, especially if you’re paying premiums year after year and never making a claim.

Managed wisely, however, it can be a valuable partner in your long-term wealth creation plans, and guard against severe financial disadvantage if your circumsta…

7 tips to find the best Home Loan Or Mortgage

Searching for a home and buying it is indeed one of the biggest decisions of one's life and so is finding an optimal home loan or mortgage. You do not buy a home every day so the decision taken today will go with you for a long period of time and once taken, can not be easily reversed. Therefore it becomes very important for one to take a very smart, researched and sure decision while choosing a mortgage or its lender.
While going for a home loan there is a range of aspects and dimensions that are needed to be considered. Home loan interest rates are surely one of the important element but that's not all. One must take note of the terms, conditions, policies, reviews, goodwill, etc of the loan lender.
Choosing the right home loan and mortgage rate is something that requires a good amount of research, assurance, and clarification. Especially, if you are a first-time buyer you need to talk to a variety of people before your final pick. It would be best if you could talk to a pe…

Gold as an investment option in India - Should you buy?

Gold and India have a very long history. Gold has its presence in the country since Gupta dynasty. Gold coins were first introduced during that period. Since then it has been very popular in the society. Among all the precious gems and stones, gold jewelry is highly preferred and widely used. Though it is very hard to estimate private gold ownership, sources believe it to be around 15,000 metric tonnes in India.

Other than this investors also see gold as a good investing option. Firstly, this divides their risk and secondly, over a past period of time gold rates have significantly increased.

With all these aspects gold has been the element of interest for all. People are mostly found conscious and seemingly interested in knowing present gold rates, gold trends, any new about gold, the scope of investing in gold, different methods of investing, pros and cons of investing and a whole lot of things. Searching multiple different sites for all this stuff is ineffective and tiring. FinVize…

Retirement Planning- It's more than just money

Whenever we hear of retirement planning, what we generally infer is getting a financial plan that will make us financially independent after the age of 60. Though it does involve referring your financial adviser to help you manage your funds and investments, it does not limit to this only.

Take a look at your present life and wonder what makes it so beautiful, interesting and lively. You may come up with answers like- the lifestyle I follow or the sports I play or the art I practice or maybe the travel I do or even the friends & family I have. Now the biggest irony is that what all gives us pleasure today, we tend to leave them behind as we move towards an elder age. This is the reason why the age after 60 appears as a dome of solitude & boredom and most of the people are not able to enjoy it.

So let's plan retirement in a different way this time. Here are a few ingredients that you must add to your recipe of retirement!

Live your life in your style.
Our lifestyle is a ver…