RICH INVESTING iDEAS

How to E-file ITR 1 online ?   Income Tax Return filing is not so hard, but if you get the basic things right. Nowadays, the government also encouraging to disclose your earning information and the technology really helps to ease the information online. Income Tax Return is a task for the individuals, especially for the employees is a needy one. Employers would make TDS for the employees on account and then the employees can make the file easily through the part of Form 16.   What is ITR- 1 ?   The Income Tax Return (ITR) - 1 is a document or form that required to file by an individual whose total income for the Assessment year includes,   Income from Salary or Pension (or) Income from House Property (or) Income from other sources. ITR- 1 also known as ' Sahaj ' meaning easy in Hindi Language. The following individuals who cannot file this ITR- 1: If an individual's total income exceeds Rs. 50 Lakhs If agriculture income is more than Rs. 5000 If you have

How is my Budget Planning today - April - June 2017 - PQFR As we had discussed the 'Budget Planning' in the past two posts. Here now, i am keen to submit my PQFR (Personal Quarterly Financial Report) for the Quarter - April - June 2017. Set your own Budget Planning How to set a simple Budget Planning 2017 The report below created by me, is based on the  Super Budget 50:30:20 On the report, my fixed expenses are vary due to Medical costs and grocery items on my relative appearance :)  kindly note that i mostly maintain the savings / investing above the Super Budget terms with 30 percent plus. I believe in savings / investing for my child and for the Retirement. So, it would insist me to Retire Early :-) You can also do the PQFR yourself and go further with honest :) If you interest to share any comments, i wish to listen for that RICH INVESTING IDEAS – www.richinvestingideas.com

SIP vs Lumpsum Investing - The better choice   Which one can you choose, Rented Home (or) Lease (or) Buy it ? This is the choice we have for a home, as for the savings or investing, we had a plenty of investment products like Bank Savings and Deposits, Bonds, Mutual Funds, Stocks, Realty, gold, etc. But, it's all about how we started it. As a traditional background in our country, we mostly choose our choice like Regular small savings from our grandparents. The old method of savings or investing are a collection box called as Hundial , Postal small savings, Bank fixed deposits, buying a gold in a very small quantity, purchasing a piece of land for our children. Nowadays, it becomes more fashion as the investment method changes slightly with a Regular savings frequency mode and a bulky amount of deal at once. That is what we called earlier, Recurring deposits and Fixed deposits. Now it comes with the word, " Systematic investment plan (Recurring) and a Lump sum investing (Fixe

Have you made Investment Insulation ? ' INVESTING ' means  the act of committing  money  or  capital  to an endeavor (a business, project,  real estate , etc.) with the expectation of obtaining an additional income or  profit . This is what the Investopedia describes.       Most of us while listening the word, 'Investing' is about thinking themselves, just putting some money on any Assets (Financial or Physical) and make a profit without knowing the importance of Financial Education. If somebody have  ₹ 10,000 /- or  ₹ 1,00,000 /- they simply buying an asset (Thinking that are Investing) without knowing the Risk of Investing.     Prevention is better than cure.     As for the Financial Education, Securing your assets whether financial or physical is mandatory. Securing your Assets / Investments is nothing but, it's an Investment Insulation. Investment Insulation protects your investments through the Insulation factors. It protects your daily financial life while y

How to Calculate Annualized Return on Investments ? Previously, we had discussed about the Absolute Return on Investment , to calculate how our Invested money performing and seen how it differ from in terms of rupees as Absolute. Here, we can see to calculate the Annualized Returns on our Investments. Annualized Return can be computed as Percent (% p.a) per Annum. We can measure the returns by these method, is the better and accepted way to measuring the Investment Return. The basic purpose of Annualized Return is to standardize the investment period as though each investment was made only for One year. It helps to ease comparison of investments across Time periods. Annualized Returns can be denoted as [ % p.a ], otherwise, it is usually an Absolute Non-annualized return.  Annualized Return on Investment: (Return on Investment / Original Investment) X 100 X (1 / Holding period of investment in years) Or in simple terms,  ((End value - Beginning value) / Beginning value)  X 100 X (1 / H

How to Calculate Absolute Return on Investment ? Return on an Investment is a calculation to assess how the investment is performing. As every investment have a group of Inflows and Outflows. The Comparison of the inflows and outflows is the Return for the investor from making the investment. Returns may be Positive (+) or Negative (-) . A Positive denotes the profit on an investment and Negative gives the loss. For eg:   Akhil bought a Real estate property for Rs. 30 lakhs and sold it to Rs. 40 lakhs Suresh bought a 100 shares of XYZ Company with the amount of Rs. 20,000/- and sold all the stocks for Rs. 15,000/- The above example tells that Akhil had a profit of Rs. 10 lakhs i.e the return on investment is Rs. 10 lakhs. Suresh had a loss of Rs. 5,000/- from his stocks. So, it denotes the Negative Return on his investment. Measuring Investment Returns: Returns can be measured by comparing the amount of Inflows and Outflows for the investment made in Absolute Rupee Terms. R

7 Ways to Invest Life like a Zen (Zen Investing)   Investing is always like a Mantra. It focuses for a Long term in a silent way. I am not talking about the Speculation or a Short term, but for the Long term with a sip of Water. We know how the Buddha and Billgates created the Tremendous Empire. As they had a different goals to consider, but they had a life as a Zen. The Master Shunryu Suzuki said, Zen is not some kind of excitement, but concentration on our usual everyday routine.     For a Long term Investor too, there are few ways to invest his life like a habit of Zen.   Invest Regularly and Stick to Fit: The most basic of Zen thought tells 'Work your day with little things and without any connection. You may walk alone for five minutes a day, Helping others what you have, Learn a language daily for 10 minutes or save Rs. 10/- daily for your kid - This is the way, how Buddha and Billgates grown on their Duty. So, Invest Regularly with any amount, but stick to it (Fit).