Today, you cannot buy a house without taking a housing loan given the sheer cost of real estate, especially in metros and larger towns. Further, it is considered as good loan as you are building an asset with the loan amount. Since owning a house a cherished dream of many Indians, stretching the budget is […]
Your Money and Your Brain – Conquer Illusions
I have read similar books, such as T. Harv Eker’s ‘Secrets of the Millionaire Mind, Robert T. Kiyosaki’s ‘Rich Dad Poor Dad’ and I tend to like books about cognition. This is the third book, I’ve read on behavioral finance and it has opened up my mind on the biases I might have regarding to […]
A Recipe of Tax-Savings Tips for Risk-Averse Investor
Mukesh is averse to equity exposure and do not want to go for risk-oriented financial instrument like equity mutual funds, stocks and derivatives etc. But, Mukesh has also scared about various the debt instrument alternatives like bank fixed deposits (FDs), NSCs (National Saving Certificates) and MIS (Monthly Income Saving) etc., but all its interest is […]
Look at Value or Price of product?
In today’s financial world, a lot of products are made to appear as if they are amazing. The advertisement and promos make you feel that if you don’t buy or invest in them, you will miss an opportunity of a life time. The reason why this happens is because buyers or investors concentrate a lot […]
Dhanteras: Oh My Gold, Be Sure, it is Pure!
Every Dhanteras or Dhantrayodashi is the first day of Diwali celebration. “Dhan” stands for wealth and teras signify thirteenth day. So Dhanteras is celebrated on trayodashi of Kartik Krishna Paksha.This year i.e. Dhanteras 2013 will be celebrated on Friday, 01st November. On Dhanteras, is said to bring prosperity, everyone is indulging to buy gold or jewellery […]
If it glitters, it must be Gold!
Fixed Income and equities have generally sought more favour with investors as these are income-generating assets. Fixed Income generates interest; equities provides dividend and Gold is considered a good hedge against inflation. It has been historically viewed as a safe haven. Whenever an economy encountered a big crisis, investors tend to rush towards gold as […]
Want Health Insurance Portability? Think Again!
Health insurance portability is much like mobile number portability allows you to change insurers and get credit for time spent with existing insurers towards pre-existing disease (PED) and other waiting periods. But, who think that health insurance portability is like mobile number portability, they are in mistaken and living in illusory insurance world. Let […]
How many life insurance policies should you have?
Whilst your “Life Insurance Portfolio” and there is a very chance that you must have a few traditional life insurance policies. It’s exceeding rare you to not have one. In fact, you too probably have at least one in your financial life. Either you bought it for tax saving purpose, or your parents, uncle, aunty, […]