Does your Mediclaim policy have a nominee?
Does your Health Insurance have a nominee? Take out your policy now and check it out. I did not even know that one can have a nominee for the policy!
Pension Plans and the Better Alternative
I do not like pension plans. Simply because of the fact that the returns are low and they are taxed as per your normal income.
5 lacs as bank account insurance? – increase it to 20 lacs!
All your bank accounts are insured upto Rs.5 lacs by the Deposit Insurance and Credit Guarantee cover. Read how to enhance this cover to 20 lacs or even more!
Get proof of Heirship – avoid legal issues!
My friend's parents owned a flat in both their names. The father expired around 15 years back. The registered document is still in both their names. There is no will. Legally, 50% of the flat is owned by the mother but the 50% which belonged to the father is supposed...
Market Risks and Mutual Funds – 2
Risks are associated with any investment. It is necessary to educate the public about the various risk rather than putting a warning.
Markets risks and Mutual Funds
Mutual Funds ads always have a warning “Investments in Mutual Funds are subject to market risks”. Other than Mutual Funds only Cigarette or Alcohol have some sort of warning. So, people associate MF investment with cigarette smoking!
Retirement Planning
Retirement planning is one of the most neglected of one's financial planning. Retirement always seems to be in the very distant future - even if one is nearing the 60s! In fact, it should be the most important. Generally one starts earning around 20, stops earning at...
Goal based planning
Generally, the start of an investment is by a statement like "I have Rs.10,000, where should I invest?", "Which is the best Mutual Fund to invest in?", "Which share should I invest in for the long term?" Logically, before you make any investment at all, you should...
Market Timing – a Sucker’s game!
I met a lady a few days back. She wanted some investment advice. Whilst talking to her, she told me of an incident when the markets were high and she thought of withdrawing some of her investments in Mutual Funds, but did not. A short while later, when she needed the...
Community and Banking – Combination for scams
Generally, we feel comfortable with people that we label as ‘my community’. That is why Konkanis will bank with Saraswat bank or NKGSB bank, Mangaloreans will bank with Bharat bank, Maharashtrians will bank with Mumbai cooperative Bank, people from Punjab will bank...
Bonds and Yield Curve – 13 to 15
A detailed explanation of the Yield Curve and the ramifications once it is inverted.
Bonds and the Yield Curve – 9 to 12
The Yield Curve – 9 Now that we understand the interest rate of a bond is inversely related to the price and more importantly, higher the return, higher the risk. So, if someone is offering you a higher yield on anything, automatically the mind should go “Kuch gadbad...
