Financial planning ans investments are very important and equally is to term your financial goals into long term and short term goals. Short term goals are those where the time period is not more than 5 years. It could include buying a two wheeler or saving funds for your marriage and even for buying a… Read More »
Most times it is observed that, investors sit back and relax once they give a structure to their portfolio, which is not advised. In these dynamic times, it is recommended that, if you have an investment portfolio, do keep a check on it from time to time to assess its worth and to re-balance if… Read More »
Exposure to equities in your early days of career helps you to role in guaranteed high returns in future. They can help you achieve your financial goals without getting into the need of taking a personal loan, home loan etc., only if you pursue a systematic and disciplined behaviour of investing. It is important for… Read More »
Once you have fulfilled all your responsibilities towards your family like purchased a house, got your children married off, successfully been able to repay your debts as in a home loan or a personal loan etc. But even if you managed to build a corpus of about 4-5 crore, by the age of 62, your… Read More »
If you signed up for a Life Insurance policy during your vacations in India but actually stay abroad, it is going to fulfill all the needs for which you have signed up for. But it is important to choose your health Insurance wisely. Sign up for the health insurance policy which is available locally. Buying… Read More »
It should be done only if you are certain that transferring your loan from the current bank to another, does not carry a heavy penalty. Although you might have purchased the home loan or a personal loan etc., at a teaser rate, transferring to another bank which offers lesser interest rate does not guarantee you… Read More »
A part from the idea of savings, it is important to clarify your pursuits where your money is going to be stashed. If you and your spouse are working members in your family, it is important that apart from yours and your spouse’s salary account, maintain a third account wherein you can credit your monthly… Read More »
Not only is it important to save to build a strong financial corpus but equally important is for you to find out whether your Rate Of Interest is greater than the inflation rate. Obviously, you would not like to enter a debt by taking a personal loan or any loan to meet any emergencies or requirements.… Read More »
There is no specific amount as to how much should be saved for an emergency fund or otherwise known as a contingency fund. Although it is very important to have an emergency fund since it will help you to not depend on a personal loan or any loan to meet your urgent requirements. These debts can not… Read More »
If you have turned 50 this year, it is important to go through your financial checklist. Assuming that your retirement stage is not very far, it is time to re balance your portfolio. By 50 years, you might not have enough saved for your children’s higher education or even marriage. Reviewing your health insurance policies… Read More »