EMI vs SIP: Know which one of the two is a better bet

5 THINGS TO KEEP IN MIND

1) The SIP option does not work for all assets, only discretionary purchases. It does not make sense to wait for 6-9 months to buy a fridge or a laptop.

2) The EMI option is costlier, but you also get to use the asset immediately. It is better to buy certain items, such as a treadmill or your first car, when you need it.

3) The SIP approach has not taken inflation or taxation into account. Certain items, such as cars or gadgets, could become costlier if you wait for 1-2 years.

4) Some expenses, such as the fees for an MBA, cannot be postponed. The SIP option can work only if you plan well and start saving 2-3 years in advance.

5) EMIs have been calculated on the base amount. There could be additional charges. However, the self-employed can cl ..

Source : http://economictimes.indiatimes.com/wealth/savings-centre/analysis/emi-vs-sip-know-which-one-of-the-two-is-a-better-bet/articleshow/41857848.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Comments

Wizard of Dalal Street: Govind Parikh's investment mantra

Wizard of Dalal Street: Govind Parikh's investment mantra Govind Parikh of Govind Parikh Securities says selling right is more important than correct buying. He says it is necessary to keep a lot of cash. "We keep an average 10 percent cash in our portfolio," he says I like to buy things in a bad market. Additionally, don't look current cash flow, concentrate on future cash flows — that is what I look at," says Govind Parikh of Govind Parikh Securities. He advises investors to buy good quality stocks when the market crashes. While sharing his investment philosophy with ace investor Ramesh Damani, on the Wizards of Dalal Street, Parikh says management integrity is very important when deciding which stock to bet on. He tells investors not to buy stocks impulsively. According to him, selling right is more important than correct buying. He says it is necessary to keep a lot of cash. "We keep an average 10 percent cash in our portfolio," he says. He al

LIC IPO Shorts The largest market capitalization in the making. The govt selling 5 percent stake...... The cuttoff price 2100 Listing price 3000 or more shall be included in the nifty Pro Large base of policies Large Market Share Cons Decling market share viz viz private companies higher cost insurance policies Bottom line can apply for LIC IPO for listing gains..... For More do have a look at the Link Below https://www.youtube.com/watch?v=VPGp5V1ecDM

IT giants beat the sTREET

and HCL Technologies, to do an encore in their December 2013 quarter earnings. All three companies also exuded confidence about the future demand environment. N Chandrasekaran, chief executive officer & managing director of TCS, said he believed next year would be a stronger one than 2013-14, as customers executed their business plans in a relatively stable environment. HCL Technologies Chief Financial Officer Anil Chanana said the deal pipeline looked significantly better. “We won 15 large deals in this quarter — about half of them in the IMS (infrastructure management services) space. We remain confident of the growth ahead as client budgets remain stable”. Infosys had also improved its revenue guidance for the financial year from 9-10 per cent to 11.5-12 per cent. For the December 2013 quarter, TCS’ revenues grew 32.5 per cent to Rs 21,294 crore and net profit stood at Rs 5,314 crore, up 49.6 per cent from that in the year-ago period. For Infosys and HCL T

Bulls & Bear Hfund of India

Search This Blog