PowerUp Money reposted this
My interview with Navdha Khera of PowerUp Money on the retirement saving vehicles - EPF, PPF & NPS. Those who say MFs alone are enough - please understand our changing capital gains tax system. It's good to have your money spread across different products. https://lnkd.in/gxif9kkk
How about VPF voluntary Provident Fund , how is it t inferior to PPF
Interesting inputs Neil Borate on various non equity government regulated asset classes. Just one thing which needs to be rechecked is loan on PPF with 1% incremental interest. I don't think this is allowed. They do allow partial or complete withdrawal after completion of 15 years.
I am glad someone is talking about this Neil Borate !
How could you miss out on the most critical advantage of PPF which is that the funds in your PPF account cannot be attached by even a court order to pay off any debt or liability you may have..
You can only withdraw 60% that to after age 60 , for 40% , you will get pension @ 6%
Neil Borate Sounding logical and truthful is a blessing. Thank you for presenting the facts and advocating the right approach to investing—bank and brokerage house RMs are far from it. Firms and boutiques approach this in the way you want to explain.
Neil Borate , your insights says the right direction for long term welth generation capping the swings in any one's portfolio considering the tax aspect and down side risk appetite. Appreciated you highlighted this point.
True PPF is too underrated.
Vice President | Chartered Accountant
3wUnfortunately advisory /products are sold just for commission/brokerage like insurance….