How demonetisation and Donald Trump's victory impact your investments

THE ECONOMIC TIMES Tue, Nov 15, 2016 | 07:00 AM IST ET Wealth Newsletter

WHAT'S HOT #the how to of investing,#the how to of taxation,#how to file income tax return,#acche din for home buyers

How demonetisation and Donald Trump's victory impact your investments These two events have heightened market volatility. The impact of these events is spread across asset classes. Let's see what it means for you. With demonetisation inducing tax compliance will PM Modi cut tax rates in Budget 2017? The grey economy is widely prevalent carrying on legitimate business, but using cash so it can conceal income and pay lower taxes. Have unaccounted cash but scared of penalties? Here's how you can try to get immunity However, the final decision on whether to grant immunity or not rests with the concerned tax authority where you have appealed for the same. How to instil good financial habits in your kids: role of parents, technology If you want your children to be as financially savvy as they are technologically advanced, then simply read on to ensure that. From our Partners Now start investing in mutual funds within 2 mins on mobile with ET MONEY Switch to smart investing with India's only mobile app that helps you pick the best funds and instantly invest. From our Partners How diversified should your portfolio be? Diversification, in its true essence means having a variety of asset classes in a portfolio. Main benefit being that the risk in one asset gets offset by the stability in the other. Want to know your child's money personality? If you would like to find out about your kid's financial leanings and how he is likely to shape up as an adult, then simply answer the questions below. How your bad behaviour can breed poor money habits in your kids Parents should set an example for their children and their behaviour should send the right, and not the wrong, message. 5 tools to help kids learn about money Here are some financial apps and websites, as well as an educational theme park, for children to hasten the process of learning. Grey areas people are exploiting to justify unaccounted cash as legal income Tax professionals are charging 5% to 25% to suggest strategies that can convert unaccounted cash into legitimate money. Here are some of the hacks. From our Partners Equity Funds - your runner in the long term race! Equities are true blue wealth creators in the long term - this is probably the most preached mantra, but seldom practiced! From our Partners The "Don'ts" in equities? Whatever level of an investor you fall under, knowing what 'not' to do, could help you figure your route to investing in equities.

Financial Calculators Tax Impact Calculator This tax calculator will let you know how your tax liability changes post-Budget 2016. Just input your personal income details and know how much tax would now be payable. Home Loan Refinance Should you refinance your home loan? Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It's that easy. More Calculators

How to cut your medicine bills India is one of the largest producers of generic drugs, which account for nearly 75% of the pharmaceuticals market. Demonetisation has great long-term implications: Prasun Gajri, HDFC Life "With global growth not improving meaningfully, any sector which is linked to the global economy is an underweight position for us", Prasun Gajri CIO, HDFC Life Trump, demonetisation impact: Invest on the basis of data, not speculation about event results Instead of speculating on what a new president might do, it will be best to look at the data that businesses publish periodically to track their performance. How to use GPS to locate things and track people Using various GPS-based devices and apps, you can utilise this technology to locate things as well as people. Why rebalancing your portfolio is important Rebalancing on a periodic basis helps align your investments with your goals and is a risk-minimizing strategy. 5 mutual fund myths that need to be busted Many investors feel that to earn meaningful returns, they need to put in a large sum in mutual funds. That's not true. How should couples plan their investments? As the needs of men and women are very different, it is important to understand each other's financial histories and fears before investing together. My saving idea: Get discounts on groceries by buying monthly from supermarkets While small retailers sell at MRP, larger stores and supermarkets often offer a lot of discounts, which Subhash Raste uses to his advantage. How existing borrowers can reduce their home loan interest rates If you are an existing home loan borrower, then the following options can help you in reducing the high interest burden. How Birla Sun Life Tax Plan is building on its good performance Birla Sun Life Tax Plan currently has a higher tilt towards mid-caps compared to peers and follows a bottom-up stock selection. What makes NTPC stock analysts' top pick Accelerated capacity addition, reduced dependance on imported coal, likely rise in earnings and return ratios, among other things, has made NTPC analysts' top pick. Startup SuperProfs helps students learn from the best teachers without having to relocate "One of the biggest learnings is that people will pay you only if you have a painkiller for them",Piyush Agrawal, Co-founder and CEO, SuperProfs. Why you should look at qualifications of financial journalists before acting on their advice Retail investors should be more discerning when they come across investing or financial planning advice in the media. How Chennai-based Saxena can save Rs 1.9 lakh by taking a home loan,investing more in NPS Sudhir Kaushik of Taxspanner.com advises readers on how to restructure their income, investments and expenses to optimise their tax. How to avail the free-look period of an insurance policy No charges other than mortality charge for the 15 days, medical charges and stamp duty charges are deducted and remaining premium amount is refunded. 5 smart things to know about dividend yield Dividend yield of share is inversely related to share price. When a stock price declines but dividend payout remains same, the dividend yield will increase. Festive sales push up online hiring in October: Monster report Education sector records the highest growth, finds the Monster Employment Index for October. Alternative investment returns monitor: For week ending November 9, 2016 Here's a weekly tracker of returns from alternative investments.But don't compare these with returns from traditional investments.

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