If you're starting to plan your retirement in your early 20s, make sure you divert your savings to high return products.
Lower returns is a big factor leading to outflows from gold ETFs. Since the start of the Modi regime, gold has yielded an annualised return of 0.4% a year.
There is no doubt in saying that cancer carries a significant healthcare cost which can add up at the time during the course of the year.
An investor who does not have understanding of the banking space and who cannot handle volatility should avoid this thematic funds.
While vacation may be a time to relax, things could take a serious downturn if you have a medical emergency, lose your passport or luggage.
Consumers should understand their needs before buying or investing in a life insurance policy as there are diverse investment options.
When rupee is weak against the US dollar, it will affect any investment done abroad, foreign education and foreign travel.
The best way to generate optimum risk-adjusted returns from mutual funds is to build a diversified mutual fund portfolio consisting of multiple asset classes.
Ability to pay premium in future plays a significant role in deciding the type of policy.
Depending on investors’ risk and reward objectives, we would recommend some exposure to gold as it is a hedge against geo-political risks and financial instability.
It is a risk management technique in which an investor sets aside a sum of money to be used to remedy an unexpected loss.
Financial planners say that the first tentative steps towards creating a financial plan should be taken right when one has the first salary cheque in hand.
Health coverage could be extended at a nominal cost by opting a top up or super top up health plan which comes with the deductible or threshold limit.
Asset allocation review & rebalance can be undertaken either at the end of fixed pre-determined time periods and/or based on significant deviations from one’s original allocations
Every mutual fund investments carry a certain amount of risk which may pertain to returns, market volatility, interest rate change, etc.
Why return of capital is as important as return on capital.
As more and more rewards points get accumulated into the card account, the cardholder can redeem them for a host of benefits like cash, gift cards, gift vouchers, air miles, merchandise and dining etc.
Investors should avoid knee-jerk reactions to the changes in the top management of their fund house
Although there are no set rules and formulas that work for one and all, here are a few smart tips that everyone could use to their advantage.
Lenders prefer to offer home loans to individuals who have a credit score in excess of 750.
It is important to hold unique funds/stocks within an asset class which would enable an investor to harness the benefits of diversification.
Buying an insurance policy in the past was a matter of choice, however, today it has become a necessity. What we need to understand is the a need to buy an insurance cover.
All these factors make it critical to plan well in advance and consolidate your finances before applying for home loan.
No need to press the panic button. You can still ensure your child has the dream wedding you envisioned.
“The central goal of a well-executed retirement investment would be to live off the asset and not on the asset.”