How to deal with paper securities rendered illiquid now

If you hold physical securities in listed companies, you can’t transfer them by way of sale on the stock exchange or an off-market transaction between the buyers and sellers, with effect from 1 April. The initial deadline set by the Securities and Exchange Board of India (Sebi) was set at 5 December 2018, which was […]

Five money resolutions to make and keep in the new fiscal year

They say there is never a wrong time to do the right thing. That’s true even when it comes to your finances. There is never a wrong time to start saving, planning, investing, evaluating a portfolio, and so on. If you were waiting for the right push, the beginning of a new financial year is[…..]

Increase SIP amount every year to build your corpus effectively

I want to invest in mutual funds via SIP. My target is ₹2 crore in next 20 years. I want to start with ₹4,000, per month, which can later on be increased. Please suggest a suitable portfolio. —Parag Karekar You can start with investing ₹4,000 a month. However, if you just keep investing this same[…..]

WE KEEP GIVING TO LOAN LEECHES, BUT IT NEEDS TO STOP

An old colleague calls up. He is quite distressed. He wants help to stop lending. It seems, he says, his forehead has this sticker called ATM: “I have been lending all my life and it has never come back. People I have lent to now joke about not paying me back. I am just fed[…..]