Ratan was planning his investments when his friend asked him whether he had included a health insurance plan in his portfolio. Ratan hadn’t. He believed that being young (he was in his early 30s), he didn’t require health insurance. When Ratan mentioned why he didn’t buy a health plan, his friend then briefed him onRead more
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What is your most important goal in life? What is that one thing which drives you to put in your best? For me, it’s my 6-year-old daughter. Her well-being, overall development, education, extra-curricular activities, etc. is of utmost importance! Thus, my sole motivation to work is to provide a better future for her and IRead more
One of the biggest problems with most people who are not able to invest is… No Money! Today we will talk about how you can build your INR 20 crore investment portfolio even when you no money to invest right now! A friend of mine, fresh out of college and recently into a job, is findingRead more
Whenever you buy an asset and sell it at a profit after some years at a higher price, you are required to pay capital gains tax on such profits. However, when the value of your investment goes up in the future, inflation too needs to be taken into consideration for the increase in price. Inflation,Read more
ULIPs have undergone a complete transformation in the last 10 years and strict regulations and the high degree of competition have made it an extremely cost-effective, investor-friendly investment. However, even with a complete makeover, investors still are sceptical about ULIPs especially if they have previously lost money through their ULIP investment. ULIP today, in reality,Read more
The mutual fund industry in India has grown leaps and bounds in the last few years and each year the assets under management are increasing at a phenomenal pace. The growth in the mutual fund industry is essentially from retail investors and a significant portion of household savings is now being invested through mutual funds.Read more
Most Indian investors tend to invest in financial products blindly and more often than not tend to make wrong investment choices. One of the most common mistakes with regards to investments is suffering significant losses because of the inability to assess the risks involved. Many times it is not that the investment product is wrongRead more
Originally published on InsuranceDekho: https://bit.ly/2KbvDoD Written by: Rupanjali Mitra Basu Our Indian culture is famous for its traditions, rituals and festivals. Throughout the year, there are numerous festivals which are celebrated with great pomp and show in Indian households. One such festival is Rakhsha Bandhan or Rakhi in which a sister ties a sacred thread aroundRead more
I have been hearing for a while about the correlation between Financial Planning and Lord Ganesha but hardly ever had time to delve deeper into the concept. It is just today while surfing through all the “Happy Ganesh Chaturthi” messages, it struck me: What are we actually wishing for on Ganesh Chaturthi? Is it onlyRead more
With Covid-19 suddenly hitting the hunky-dory economy at a mind-boggling pace, there is no denying that change is inevitable- economic, sociological, corporate as well as personal. And the only way ahead is the digital way. Now, Covid-19 is a reality. But whether it will prove to be a boon or a bane to your business,Read more