9 financial tasks you can easily accomplish with your bonus

THE ECONOMIC TIMES Tue, Apr 17, 2018 | 06:30 AM IST ET Wealth Newsletter

WHAT'S HOT #RERA,#sukanya samriddhi yojana calculator,#income tax,#tax filing,#critical illness,#taking a personal loan,#tax saving

9 financial tasks you can easily accomplish with your bonus There are many ways to put your bonus to work, depending on your time horizon, risk appetite and tax bracket. Here are the best ways to make the most of it. These stocks are trading below 2008 lows. Should you buy? We have short-listed the BSE 500 stocks that are trading below the 2008-9 lows, but don't rush to invest in them. Should you buy gold this Akshaya Tritiya? Gold bought on this auspicious day 10-20 years ago has earned double-digit returns. But returns have diminished in recent years. From our Partners Meet 5 Indian women who've gone beyond the conventional Women are breaking boundaries, challenging stereotypes and doing it all on their own terms. Here are some inspirational women you need to know about. From our Partners Millennial Lifestyle: Decoding the choices made by millennials and the reasons behind it While millennials may have a tough time following the conventional way of living, there is one aspect where they are not very different from the other generations, their love for legacy. Ignore inflation while saving today and you won't have enough to sustain in 2050 People who are relying on deposit-type savings which yield very little real rates of return need to save a lot more in order to avoid old age hardship. Do underweight stock bets add value to a mutual fund scheme? Fund managers can be overweight or underweight in sectors or stocks relative to the index—investing more or less than the holding in the index. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth 3.79 -0.99 15.95 15.20 Invesco India Growth Fund Direct-Growth 5.80 8.75 26.51 13.58 Kotak Select Focus Fund Direct-Growth 3.91 2.94 14.04 13.51 JM Multi Strategy Direct Plan-Growth 3.62 -1.22 11.95 13.06 Mirae Asset India Equity Fund Direct- Growth 2.73 1.57 17.32 12.79 FeaturedDSP BlackRock Tax Saver Direct Plan-Growth ★★★★★ 3.28 1.35 13.52 13.12 Start SIP Don't judge a company by its net profit alone It's imperative that investors first understand how a company arrives at its net income — the thing that determines stock valuation and divident payout. 9 events that will impact stock market in FY2018-19 ET Wealth tracks important events to look out for in FY19 as volatility triggered by them can create twists in the market's upward journey.

Financial Calculators New LTCG tax calculator: Plan, compute your tax Use this tool to calculate long-term capital gains (LTCG) and the corresponding LTCG tax for listed shares and units of equity-oriented mutual funds. Tax Impact Calculator This tax calculator will help you estimate your tax liability. Just input your personal income details and know how much you would be liable to pay.

How senior citizens can make the most of tax breaks on offer The key changes rolled out have been in the areas of fixed deposit interest and health insurance. 5 easy ways to secure privacy of your data ET Wealth lists out five basic steps you need to follow to secure your data and information on social media and every other website. Why you can't afford free financial advice Bad financial advice can be very costly. It can derail your planning in the short-term and the impact can even last for the rest of your life. How to select a liquid mutual fund scheme Liquid funds are good for parking cash temporarily. Here's how you how to choose one. How to transfer Sukanya Samriddhi Yojana Account The account can be opened when the girl child is below 10 and matures when she is 21. One can transfer the account opened in a post office to a bank and vice versa. Why liquidity of investments is important for retirees For retirees and senior citizens, not all investments should be tied up in long-term products. There must be some investments that are liquid to deal with financial emergencies. Can you quit your job to become a homemaker? Consider these 4 factors to decide The financial implications can be many in a family where the woman of the house chooses not to work. Family Finance: Why salaried Bhallas will have to reduce debt and put off some goals Their goals include saving for emergencies, twins' education, buying another house and a car, taking a vacation, and retirement. DSP BlackRock Focus Fund: Long-term bet for aggressive investors At 11.30%, the fund's 7-year return mirrors the benchmark index (11.41%) and has marginally outperformed the category average (10.60%). Raise exposure to bonds over the next few months: Navneet Munot, SBI Mutual Fund The softer than expected inflation in Feb and revisions in the government's borrowing programme for the first half of 2018-19 led to some bond rally in March. Stock pick of the week: Why analysts are bullish on NBCC shares A strong order book, improved revenue and net profit prospects, an efficient business model, among other things, has made it analysts' favourite. Tax Optimiser: How salaried Raj can save tax by paying rent to his father Vivek Raj has a fairly tax-friendly salary structure but still pays a high tax because he is unable to avail some of the exemptions. What is third-party motor insurance? The policy covers the insured for accidental damage to other people's property and also for causing accidental injury or death to other people. 55% of senior citizens say they haven't saved enough: Report A study of 1,000 senior citizens conducted by LendEDU in the US reveals the biggest regret among elders is not saving enough for retirement and others. Startup Swajal Water is helping people access clean water at affordable rates The startup provides IoT based, solar-powered, clean drinking water dispensers. The purifiers are designed to deal with area-specific contaminants. Alternative investment returns monitor: For the week ending April 11, 2018 Here's a weekly tracker of returns from alternative investments. But don't compare these with traditional investments as purpose of them is vastly different.

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