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Parents - Don't invest based on your kids' risk appetite & suggestions. Instead, it should be based on your risk appetite. Kids - Don't invest your parents' money based on your risk appetite and by looking at the recent market uptrend. SWP based on recent returns is suicidal!!

PPF, Sukanya Samriddhi: 5 new rules for your small-savings account. Here’s what you need to know Not more than one PPF account ✅It has been reiterated that investors in the PPF can open (or continue to have) only account. ✅If they are found to have two accounts, they would be asked to designate one of those accounts as the primary one. ✅The money that lies in the secondary account would then be transferred to the first account. ✅Excess amount in the secondary account will be given back to the investor at 0 percent interest, effective July 12. Only one PPF account per minor ✅You are also allowed to open one account on behalf of a minor, as per the PPF rules, 2020. ✅The government has observed that investors had opened multiple accounts in the name of their children. This stops now. ✅Once the guardians recognise one minor account as the main account, the other accounts in the name of the same minor will be classified as ‘irregular accounts.’ ✅Effective July 12, while the minor's regular PPF account will continue to earn interest at the prevailing rate (7.1% at present), the irregular account will earn the Post-Office Savings Account (PoSA) interest rate (4% at present) till the child turns 18. ✅The irregular account will not be closed, though. Once the child turns 18, the irregular PPF account will be treated the same as way as an adult's second PPF account. Grandparents cannot open Sukanya Samriddhi accounts ✅Only legal or natural guardians (parents) can open SSAS accounts. ✅If grandparents are found to have opened such accounts, then the guardianship will be shifted to the parents or legal guardian of the girl child in whose name the account has been opened. National Savings Schemes to shut down ✅The National Savings Scheme (NSS) was a popular small-savings investment scheme that you could earlier open at any post-office. ✅Although the scheme was discontinued in 2002 (it was introduced in 1992), many people still kept earning interest because the option for withdrawal lay with the investor. ✅This scheme no longer accepts fresh deposits. NRIs cannot have residency PPF account #PPF #SSY #Financialplanning

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Your 1 crore today will be equivalent to just 35 lakhs in 10 years. Imagine having ₹1 crore today. How would you safeguard its value over the next decade? Let's explore how ₹1 crore performs across different investment strategies while considering the real impact of inflation. As per the Consumer Price Index (CPI), India's inflation rate is around 6-7%. But when we factor in lifestyle inflation, this figure jumps to 10-12%. Let's use the adjusted inflation rate to determine the real value of ₹1 crore after 10 years. The adjusted inflation rate is the actual return on an investment after accounting for inflation. 1️⃣ Held as Cash Current: ₹1 crore Inflation rate: 10% Returns: 0% Adjusted Inflation: -10% Future value: ₹34,86,784 (~ ₹35 lakhs) 2️⃣ In a Bank Account Current: ₹1 crore Inflation rate: 10% Returns: 3% Adjusted Inflation: -6.3% Future value: ₹52,16,700 (~ ₹52 lakhs) 3️⃣ Invested in Gold Current: ₹1 crore Inflation rate: 10% Returns: 8.8% Adjusted Inflation: -1% Future value: ₹90,43,820 (~ ₹90 lakhs) 4️⃣ Invested in Sensex Current: ₹1 crore Inflation rate: 10% Returns (Sensex): 12.8% Adjusted Inflation: +2.5% Future value: ₹1,28,08,454 (~ ₹1.28 crore) These numbers speak for themselves. Keeping your money idle or in low-yield investments can significantly erode its value over time. On the other hand, investing in growth assets like equity not only preserves your wealth but potentially grows it, even after accounting for inflation.

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