With the dismantling of the joint family system, rapid urbanization, the concept of nuclear families and children opting to stay separately, people have started recognizing of the need to prepare for their retirement kitty while they are still working and earning. Unfortunately, majority of people start thinking about their retirement planning only when they cross […]
How can you develop trust on Mutual Fund investments?
Everyone may know that investing in mutual funds is one of the most convenient and excellent investment vehicles to build wealth. We also understand that long-term equity SIPs are right financial product to achieve our financial dreams. Unfortunately, however, investors at the retail level by and large do not really trust mutual funds and avoid […]
Religare Care Freedom: Get Health Insurance without any Medical Check-Ups
You do not choose to fall ill and illness means expenses. Of course, mostly health insurance companies ask for to go through stringent medical evaluation tests to check pre-existing illness, especially they also insist on putting healthy members who are just above 45 years for pre-screening tests before covering their life. Also, if you have […]
Ideology to buy Online Term Plan
The importance of life insurance is un-debatable in our financial lives. The death of bread-earner does not create only chaos in the lives of family members as emotionally but also more hit financially. Since uncertainties of life could not be avoidable, the family should have enough financial capacity to continue living without depending on relatives […]
Falling Interest Rate: Looking beyond Bank Fixed FDs
A recent repo rate 50 bps cut has different impact for different segments of investors. Corporates are welcomed because their cost of capital will come down and stock markets are cheered due to ease of their liquidity. Existing and potential home loan borrowers are also feeling a relief because it brings down their EMIs. At […]
How Inflation is eating up Value of your money?
Remember, the good old days, when everything, be it rice, sugar, potatoes, onions, milk, petrol, apples or utensils were so much cheaper that have been available on the fraction of cost as it today. You may have noticed that prices of all essential household items have shot up considerably in the last few years. Prices […]
Hindsight of Health Insurance Plans
You were bought medi-claim of Rs 5 lakh, to be covered adequately for yourself and your family at utmost faith and made full disclosure of your personal financial and health conditions in proposal form. Though, this may be an indeed good intention and good advice, even your agent may not know about the shortcomings in […]
Making Smart Asset Allocation with Smart Layers
Many investors who are so called themselves as ‘aggressive’ putting all their money into shares and hoping to make it BIG. On the other hand, there are investors who are so afraid of equity that they tend to invest a few hundred lakhs of rupees fixed deposits and a tiny amount in equity. In nutshell, […]