investment:​Your money deserves better than to idle – The Economic Times

, investment:​Your money deserves better than to idle – The Economic Times,
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investment:​Your money deserves better than to idle – The Economic Times

2020-11-03 15:04:00

, investment:​Your money deserves better than to idle – The Economic Times,
Investing involves paying and receiving money for purchase and sale transactions, receiving interest and dividends, offering and receiving securities for market transactions and keeping track of all this for reporting and filing of tax information. Rather than paying attention to investment proofs and thinking that having a file with the details is sufficient record-keeping, investors need to see these arrangements as an act of keeping financial transactions in order.Besides annual tax reporting, your investments need monitoring. Organise them efficiently so as to keep matters simple- which is exactly what the real task of investing also is- simple. All you need to do is create three buckets, which you allocate money to and draw from, as needed. Given below are these three buckets in better detail. ​Your money deserves better than to idle
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