For over 20 years, insurance has been at Rs 1 lakh per deositor, per bank.
1. Do the math. Compute how much you will need after retirement, taking into account living expenses, medical expenses and inflation. 2. Start now. Begin to save for
The worrying couple nudging the 40s is one of the most common types that I meet when I speak to investors. Most of them are very successful professionally. They, however,
Sumita has just got married. She wants to know if and how her financial position changes post marriage. Sumita began working early in life and has spent the last eight
Capital Protection Oriented Schemes (CPOS) from mutual funds are closeended schemes with a tenure of three to five years and are low risk products. Typically, they are
When we discuss personal finance, one issue comes up often. Why do investors not do what is in their interest? For instance, why do they not hold diversified portfolios
Where should I invest to create a corpus for my child's education? That's a question wealth managers are inundated with these days as equities gain traction as an asset
These financial tenets shall never change or become irrelevant. Follow them if you want to protect your finances against uncertainty.
Retiring early is a fad with many takers. From bored employees who seek relief from routines, to the new 50+ generation that wants to discover the world, there is a rising
My refuge in this meltdown has been Raamdeo Agrawal's 'The Art of Wealth Creation.' Raamdeo's formula is that successful stock picking - his index is 100x
You could be a onetime investor, an investment professional or a college graduate, you would still need to know how money works in the real world. It is not enough to know
While we are not underplaying the importance of finding the right investment, the heavy lifting of any financial plan starts well before investment selection. Do you have
You work all your life in hope of a comfortable retirement. However, unless planned carefully, retirement can be all your nightmares coming true-your salary, the regular
Multiple options. Contradictory advice. And a deadline that's approaching fast. Many taxpayers find themselves in this situation at the beginning of the year when they
Before you calculate your tax liabilities, remember to analyze the various sections of tax deductions under the Income Tax Act as tax planning does not end with Section 80
Every policyholder is allowed a free-look period of 15 days to enable him to go through the terms and conditions of the policy and reverse the purchase decision if he find
In these times of high inflation, Rs 20 won't buy you much. But it is enough to buy Gopal Gidwani a term insurance cover of Rs 49.99 lakh. The 38-year-old Pune-based
If you need professional help with your finances, we've long recommended using a fee-only financial planner to avoid conflicts of interest. If an adviser is paid through
Surrender value is the sum of money an insurance company will pay to the policyholder or annuity holder in the event of his policy being voluntarily terminated before its
