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All about the Monte Carlo Simulation

by Vidya Kumar | Sep 18, 2015 | Risk management, Smitha Hari

Executive Summary: The Monte Carlo Simulation is a technique of risk analysis which uses probability distribution to define the outcome of a decision. Used in various fields, the Monte Carlo Simulation is also used in financial planning – more specifically in...

Should I invest in the Gold Monetisation Scheme?

by Vidya Kumar | Sep 16, 2015 | Gold, Vidya Kumar

Executive Summary – The Gold Monetisation Scheme proposed in the Union Budget 2015-16 has been approved now and will be available for individuals to invest. Any individual can open a Gold Savings account with a minimum amount of 30 grams once the gold...

Here is how you can save extra money from same salary

by Vidya Kumar | Sep 15, 2015 | Ayush Bhargava, Budget 2015, financial planning, savings

EXECUTIVE SUMMARY: Saving money is considered to be a difficult task for many young individuals and families. With the continuous increase in the cost of living, it is really hard to save money in the limited salary. However, with some of the tactics like...

Are you renting out your property for the first time?

by Vidya Kumar | Sep 10, 2015 | house rent, Vidya Kumar

Executive Summary – It is important to manage renting out a house properly. One should take care of getting the right tenant, maintain the property well, advertise that the property is available for rent, decide and ask for an appropriate rent and...

7 common things between Sports and Financial Planning

by Vidya Kumar | Sep 8, 2015 | financial planning, health, Smitha Hari

Executive Summary: Sports and Financial Planning have many similarities. Goal based actions, need for commitment and discipline, getting better over time and with practice, identifying mistakes, seeking professional help and keeping out bad practices are some of the...
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