The session on healthy and happy aging was addressed by Dr AK Sen Gupta, Chief Trustee, My Retired Life Foundation. A.K. Sengupta’s vision is to help retirees live happy, healthy, and productive lives after their professional careers end. He began his talk by clarifying that aging is often mistaken as something related only to old age, but in reality, it is a lifelong process that starts from childhood. It is simply the continuous progression of life over time. There are two key aspects of aging: healthy aging and happy aging. Healthy aging extends beyond physical health to include mental, emotional, […]

We conducted a client meeting on “Happy Aging for Peace & Happiness” on 18th January 2025 at CBD Belapur, which was addressed by two eminent speakers. All the clients who attended the meeting have either achieved or are nearing Financial Freedom. Session 1: Happy Ageing for Peace & Happiness : Self-Unfoldment: The first book authored by Swami Chinmayananda  Presented by Brahmachari Samartha Chetan from Chinmaya Mission spoke on the practical guide for peace and happiness in life, offering insights into the nature of the self, the path of self-realisation, and how to live a meaningful and spiritually fulfilling life while […]

AMCs are not able to invest in US stocks due to the imposition of restrictions by RBI. But Indians can invest in US stocks through LRS. Investing in US stocks offers a fantastic opportunity to diversify your portfolio & create wealth by investing in US companies and brands you use daily like Apple, Google, Meta, Spotify, Netflix, and Amazon and gain exposure to some of the world’s largest and most influential companies  For Indian investors looking to explore international markets, the Liberalized Remittance Scheme (LRS) provides an easy and legal route to transfer funds abroad and invest in US stocks. […]

U.S. citizens can open bank accounts in India, but there are specific rules and account types based on their residency status. Whether you’re an NRI (Non-Resident Indian), OCI (Overseas Citizen of India), or PIO (Person of Indian Origin), you can open a bank account in India under certain conditions. Why Open a Bank Account in India? As a US citizen with financial ties to India, having a local bank account can make managing rental income, investments, inheritance, and asset sales easier. It also simplifies sending money to family, using services like UPI, and accessing debit cards when visiting India. Without […]

 We are all familiar with ROI (Return on Investment) but not with ROL (Return on Life). Money is only part of the peace and happiness in life. Many people are so occupied with the career trap that they seem to care little about what happens when they leave their jobs. They have planned little about other aspects of their lives; they seem to feel retirement will take care of itself. But this is not true.   Money has no value in itself. Money is useful only in terms of what you can do with it. Money is a terrible master but […]

We blogged last week on Data Security and Password Management. The Government of India has taken initiatives to educate the users on the best practices that must be followed to protect them from different cyber security attacks and cyber threats. Nowadays, cyber attackers can hack your computer and access your saved data and all other information. There is a need for best practices that protect users and their data from threats like malware, phishing, and data breaches from Hackers or Cyber attackers.  The precautions as initiated by CERT-In (The Indian Computer Emergency Response Team) concerning Desktop, Browser and Email Security are […]

Cyber frauds have become a big menace. The fraudsters are using innovative methods to defraud gullible citizens. The Senior Citizens are the worst victims. Online transactions are becoming universal for all. Taking precautions is the only option. The Government has taken initiatives to educate the users on the best practices that must be followed to protect them from different cyber security attacks and cyber threats. The precautions as initiated by CERT-In  (The Indian Computer Emergency Response Team) concerning Data Security and Password Management are as follows; Data Security: Password Management: The Indian Computer Emergency Response Team (CERT-In) is a Government Organization […]

What is NPS? The Central Government had introduced the National Pension System (NPS) with effect from January 1, 2004. NPS has been opened to all Indian citizens voluntarily by the Pension Fund Regulatory and Development Authority (PFRDA). How does NPS works? NPS investment encourages people to invest in a regular interval during the course of their employment and helps in building the retirement corpus. After retirement, we can choose to withdraw 60% of the total amount and the remaining amount 40% should be used to purchase an annuity which will be a regular income post-retirement. 2.Types of NPS Account: 2.1.1. NPS […]

We started 2022 with peak of equity market followed by Ukraine war, historical high US inflation rate, hikes in interest rate by central Banks and oil price volatility. The market reacted adversely to global uncertainties. The latest uncertainty is the bizarre China Covid 19 policy. But India has handled Covid effectively, managed macro-economic fundamentals well amidst uncertainties. The inflation has started moderating, is below 6% now and likely to go down further as per RBI’s assessment. As per IMF, India is the highest GDP growing economy in the world today. The credit growth has picked up and non food credit […]

1) There is always, always, always something to fear when to comes to the stock market. Fear is good because it’s the fear that creates opportunities. Rather than avoid fear, you should welcome it. It is in the grip of stock market fear and exuberance that the most money is made in the shortest timeframe. 2) When fear starts, we perpetuate it. Fear is great for us, for the financial media, the brokers, the financial planners, the fund managers, for financial advisers, in fact it’s great for the whole finance industry. Why? Because fear triggers insecurity which drives investors to […]