Financial vikas

 1) Rule of 72 The formula estimates the amount of time it takes for an investment to double in value, earning a fixed annual rate of return. If you earn 6% on your investment annually it will take (72/6=12) 12 years for your investment to double. #personalfinance 2) 100 minus age rule The rule is designed to help you determine the asset allocation between equity and debt. You need to subtract your age from the number 100 to get the equity allocation% If your age is 30, equity allocation should be 70% (100-30) 3) 50/30/20 Rule This basic rule of thumb is to divide your monthly after-tax income into three spending categories: 50% for needs, 30% for wants 20% for savings or paying off debt 4) The 35 percent rule The whole idea behind the 35% rule is that , EMI as a percentage of your income should not exceed 35-40% Anything above that might put a strain on your finances. In case your EMI is more than that, you should avoid taking any more loans. #StockMarket 5) Emergency Fund rule S...

 Digital First Companies: These companies first aim at increasing their customer base👥 & their retention & later comes the question of profit.💰 Let's see how we can analyze these companies: (2/6) 1. Focusing on the right metric can help Amazon was in losses for the first 20 years, evaluating it in terms of its profits would've made the company seems valueless. Rather, we valued it in terms of how much market the company is capturing & the value that it is creating. (3/6) 2. User Acquisition Cost To sustain an online business, it's important for a business to have an increasing number of users of its product & services. The lower the cost of getting a user, the better it is for the investors. (4/6) 3. Replacement Cost Taking the example of Zomato, would you be able to set up a better company using the kind of funding that Zomato received? If the answer is yes, then the company is overvalued. If your answer is no, then the company is clearly doing a great jo...

  1⃣ Missing The Due Date For Filing Returns File your tax before due date to avoid these penalties  - A late filing fee of up to Rs. 10,000 - A penal interest rate of 1% per month will be charged on any unpaid taxes - Delay in receiving a refund on any excess tax paid - 2⃣ Using The Wrong ITR Form Using the incorrect form results in a defective filing which will get rejected by the IT Department later.   The choice of ITR form you need to use depends on your sources of income. For example,  - if you are a salaried individual, you can file returns using ITR Form 1. - But if you are salaried and have income from capital gains from investments, you will need to use ITR Form 2 - If you are self-employed and have income from the profits of a business, you will need to file your returns using ITR Form 3. - Choosing the correct ITR form might seem difficult.  But, currently, most websites offering ITR filing services have developed methods to ensure that you can ...

1) The Fund Characteristics  Before investing in any fund, you must first identify your goals for the investment. For long term goals like goals which have a horizon more than 5 years, one can take equity exposure but for short & medium term goals, you should stick to debt plans 2) Performance vis a vis Benchmark A benchmark is basically the index which acts as a yardstick to evaluate the relative performance of your scheme in relation to the market average.  You need to find out whether the fund is able to beat the benchmark consistently or not. 3) Compare the performance with peers You also need to compare the target fund with other schemes from the same category. Like a large cap fund should be compared with other large caps If your scheme is unable to beat its peers consistently, then the fund is not worth investing 4) Expense ratio It is the cost the fund house charges from investors to provide management services to investors. The expense ratio directly affects your...

1) Death due to intoxication The insurance company will not pay the death benefit if the policyholder dies while driving while intoxicated or as a result of a narcotic overdose.  #personalfinance 2) Death due to hazardous activities: Adventurous activities like hiking, parachuting, paragliding, skydiving, bungee jumping etc. are considered a threat to the policyholder's life.  Hence, mostly insurance companies exclude death due to these activity in their offers. 3) Death due to natural calamity Death caused due to any natural disaster or act of god like Tsunami, Earthquake, floods, is not covered by Term Insurance, unless, you have opted for any particular riders for that purpose. 4) Death Due to Terrorist Attacks If the policy holder dies due to terrorist attack than such deaths can't also be claimed by the beneficiary. 5) Suicidal death If the insured commits suicide within the first year of the policy term, then the nominee will not get the death benefit. Some insurers prov...

(1/9) The Beginning: Who is Alakh Pandey? Born in Prayagraj, Alakh used to be good at studies since his childhood and wanted to go to IIT, but his poor financial condition didn’t allow him to do so.  Alakh, started teaching when he was in 8th standard, and he enjoyed it.  (2)Then he started teaching full-time, and in 2014. That’s when he started teaching on YouTube. He started teaching the students of class 10th who were from the ICSE Board. #business (3) He said it was a very small group, and no one was teaching them, so he decided to help them. Doing this helped him gain 10k subscribers in just one year, and many students started supporting him as well. (4) Till now, he was teaching offline as well as online, but then one of his friends told him that he can monetize his YouTube channel too.  So that’s when he monetized the channel, and after that, he received ₹8000 from YouTube. (5)In 2019, when he hit 1 million subscribers, he realized that he needed a bigger team ...