7 reasons why you should not invest in bitcoins, cryptocurrencies

THE ECONOMIC TIMES Tue, Oct 03, 2017 | 06:25 AM IST ET Wealth Newsletter

WHAT'S HOT #RERA,#sukanya samriddhi yojana calculator,#tax filing,#income tax,#critical illness,#taking a personal loan,#tax saving

7 reasons why you should not invest in bitcoins, cryptocurrencies After the big crash, cryptocurrency prices are slowly starting to stabilise. Should you use this crash as an opportunity to buy into the market? 8 big mistakes to avoid in a falling stock market The rally that pushed the indices to their all-time highs has hit a bump. Analysts expect more pain ahead. Here are few mistakes to avoid in this market. Pradhan Mantri Awas Yojana could help you buy your dream home: Find out how ET Wealth did some number crunching to assess the impact of the subsidy offered under Pradhan Mantri Awas Yojana on your home loan EMI instalments. From our Partners Oman is your heavenly terrain Only a true travel lover would have a dream list of destinations that are unexplored and untouched. Oman is one such beauty that's enveloped with beautiful beaches, picturesque mountains and golden desert sands. From our Partners Where There Is a Way, There Can Be a Will If you haven't made your will yet because you feel it's a tedious process, here are some important things you should know. 5 step guide to plan your career better In an uncertain job market, workers can secure their career by setting clear goals and constantly upgrading their skills. How global investors view the Indian stock market Looking at how outsiders evaluate the Indian market can offer interesting insights into which sectors hold the most promise and which the least. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) Mirae Asset India Opportunities Fund Direct- Growth -0.64 11.26 22.16 16.04 Invesco India Growth Fund Direct-Growth -0.09 13.89 21.97 15.42 Motilal Oswal MOSt Focused 25 Fund Direct-Growth -2.15 10.46 19.98 15.33 Mirae Asset India Opportunities Fund Regular- Growth -0.69 10.88 21.28 15.13 SBI Bluechip Direct Plan-Growth -1.84 7.40 12.83 14.45 FeaturedDSP BlackRock Top 100 Equity Direct Plan-Growth ★★★★★ -1.56 8.02 11.98 10.36 Start SIP Why investing in balanced mutual funds is riskier than stocks Investors should not treat balanced funds as 'safe' options. Those interested in balanced funds should do proper research before investing in them. Mutual funds have multiple tax advantages over bank fixed deposits In three years, falling interest rates have knocked off around 40% from the annual income that a FD would yield. That's a shocking decline.

Financial Calculators Tax Impact Calculator This tax calculator will help you estimate your tax liability. Just input your personal income details and know how much you would be liable to pay. 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 keep your money safe if you want to invest in cryptocurrencies People who want to experiment with cryptocurrencies should keep their initial investments very low, say around 2-3% of the investment corpus. How to make payments using Google's Tez app Google has launched its mobile payments app, Tez, which works on the UPI platform. Through this app you can make third party payments or receive money with a few taps. Here is how. How much risk should you take with your investments? Assigning time frames to financial goals will help investors decide how much investment risk they should take for better returns. Family Finance: Salaried Umesh should start saving early to achieve his goals with ease With a low surplus, he has begun investing for his goals which includes saving for emergencies, buying a car and a house, and retirement. Investors must slowly move towards equity mutual funds: Rahul Jain, Edelweiss Wealth Management "Opportunities in IT, PSU banks and pharma are very few and risks associated are high. It's good to stay away from these sectors for now," says Rahul Jain, Edelweiss Wealth Management. Reliance Top 200: Healthy long-term record The fund takes a conservative approach, does not deviate too much against its benchmark index in terms of sector exposure. What is peer-to-peer lending Peer-to-peer lending is a form of crowd-funding used to raise loans for people who need to borrow, from people who want to invest. Bitcoins are neither legal nor illegal in India: S P Sharma, PHD Chamber of Commerce and Industry The drastic rise in bitcoin was followed by severe volatility, which will be major challenge going forward, says S P Sharma, PHD Chamber of Commerce and Industry. Stock pick of the week: Why analysts believe the turnaround at JSPL will continue Improved sales performance, reducing losses, cyclical upturn in the steel sector, benefits of import restrictions has made JSPL analysts' top pick. 6 smartphones under Rs 20,000 for the selfie enthusiast Smartphone makers are launching devices aimed at selfie enthusiasts. ET Wealth lists smartphones which seek to click that perfect selfie. MF Portfolio Doctor: Sandeep needs to increase investments to achieve his goals Sandeep Goyal's goals are very ambitious, therefore, the Portfolio Doctor advises him to increase his investments to reach the target amount. Tax Optimizer: Perks, NPS can help salaried Chowdhury cut tax outgo Taxspanner estimates that Chowdhury can reduce his tax outgo by almost 50% through tax-free reimbursements and investing in NPS. How startup XED Learning Solutions is coaching business leaders "We insist on experiential learning considering the seniority of the participants," says John Kallelil, Founder and CEO, XED Learning Solutions Alternative investment returns monitor: For the week ending September 27, 2017 The scope and attractiveness of alternative investments is increasing. Here's a weekly tracker of returns from such investments.

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