BUSINESS
Smart investing for grandchildren: Plan for their higher education without financial stress
Grandparents can invest in mutual funds in the name of their minor grandchild . Once the child turns 18, the investment can be transferred in their name.
BUSINESS
Big debt, no job: the hidden cost of overseas education loans
Employment abroad must also be able to pay well enough for the students to repay their educational loans without being a burden on either themselves or on their families
BUSINESS
What should be your fixed income strategy: Long-duration or short-duration bonds?
At the current juncture, when you are looking at only a low possibility of a rate cut, shorter-duration bonds offer a better opportunity compared to longer-duration ones
BUSINESS
Why paying more for day 1 health insurance cover may actually save you more if someone has a pre-existing disease
If someone with a pre-existing condition wants to skip the usual waiting period so as to be able to claim immediately, the insurance company will charge an extra premium to cover the added risk if it's acceptable to them
BUSINESS
Specialised Investment Funds (SIFs) let you bet on both rising and falling stocks, but are they right for you?
Consider investing around 15 percent of your portfolio in the newly formed SIF category which will allow you to balance market volatility. However, it can be risky business and must be carefully used
