In an era of high healthcare inflation and corresponding medi-claim premium hikes, the maze of health insurance products for higher age groups or senior citizens are the most complex and vexing. Every ideal son is seeking the best health insurance products with high coverage at lower premium for his parents who had never taken the […]
Revised Avatar Kisan Vikas Patra (KVP) launched!
Kisan Vikas Patra (KVP), was originally unveiled in the year 1988 and became the talk of town among small investors with its own unique selling propositions was “Double your Money in just 5 and half year”. Despite being a very popular small savings scheme, it was disbanded in November 2011 in the wake of it […]
Evaluation of Real income from Fixed Deposits!
We keep getting easy free advice a lot about fixed income instrument from our family, friends, relatives and neighbours etc. Indian investors are happy to stay with comfortable investing their savings in safer and getting fixed percentage investment avenues such as bank fixed deposits (FDs) despite rising in the cost of living and increasing demands […]
How can reap the tax-free interest from NSC?
‘Old is gold’, this adage is very much true about the National Saving Certificate (NSC) which has been a favorite investment option for every conservative investors, even from a tax-saving point of view. Though, it has been losing its shine in compare with other investment options available like PPF, ELSS, and unit-linked insurance plans, this […]
Is recent hike in EPF limit enough for retirement?
Unlike US countries, India has not basic government pension schemes or old age doles that could provide some social and financial security to retired people in their sunset years. That’s why, Indian government has given some respite to build your some retirement corpus through mandatory retirement schemes such as the Employees’ Provident Fund (EPF) and […]
Righting a Wrong Turn on Life Insurance Policies
Gullible people at large, often buy aggressively wrong unit-linked insurance plans, pension plans or traditional plans like endowment, money-back and whole-life policies as means of saving regularly and realize a few years later they have been bought a lemon that have been converted into the peanuts. To get out from these poor investments, some may […]
A Recipe to be Rich: Find a Plan and follow it!
Many people make money in one day and then lose out a week later. They are considered themselves investors even though they do not lose money, simply fail to make money, yet they are called themselves as illusory savvy investors. They think investing is an exciting game where there is a lot of drama involves […]
Alone SIP may land you in trouble!
All mutual funds, touts, financial planners, advisors etc. advocate a veneer method of investing in equity through ‘Systematic Investment Plan’ (SIP), where investors are encouraged to invest a fixed sum at regular frequency, usually every month as the best way to create long-term wealth. The key purpose of SIP is to maintain the strategy of […]