According to the Transfer of Property Act every joint or co-owner has a proprietary right of the entire property. Hence, any sale has to be done with the consent of all co-owners involved. If, however there are specific conditions in the agreement that gives co-owners exclusive rights to certain parts/portions of the property, a co-owner… Read More »
A look at the past 15-20 years record, it is seen that Gold is a hedge against inflation. Over the last 20 years, the average return from Gold has been around 7%. So, if the past trend continues, one could expect around say 6-9% returns from gold in the long-term.
If a woman earning Rs. 50,000 per month takes a 5 year break from her job because she wants to be at home with her child, her earnings and thus savings take a hit of Rs. 30L. We have not yet considered any increment in her salary. If we consider that her salary increments by… Read More »
When we set out on a journey, we need a clear map, showing us the directions we need to follow to reach our destination. In the same way, whenever we set out to reach a financial goal, we need directions to help achieve it. This guidance is provided by the financial planner. He recommends you… Read More »
It is important to compare the performance of the fund with the funds having the same profile. E.g. a small-cap fund must be compared against another small-cap fund. Don’t compare it with a banking fund, as both the funds have different profiles. Also compare the performance of the fund vis-à-vis its benchmark index.
When you have quite a bigger amount of money to spare on buying a car or rather as they say, you have arrived in life; it’s time for a luxury sedan or at least a sedan. The price range could be 8-15 lakhs for this category. The cars are longer, more spacious and the price… Read More »
Use real-life experiences to demonstrate everything you want to teach. Learning by observing and doing is the most powerful tool. Such as when you go grocery shopping, and can use the opportunity to showcase planned spending, or how to recognise value for money. Or if you decide to use a credit card at a restaurant,… Read More »
Loan protection insurance, or loan payment protection insurance, is a form of payment protection insurance. This type of insurance can help you protect your monthly loan payments if you become unemployed or suffer an accident or sickness. Loan protection insurance will typically be used to protect a home loan, car loan or even sometimes personal… Read More »
Take a view on this! NSE is above 6000 and BSE is above the psychological 20,000 mark. If you own a house or plan to buy a house in any of the metropolitan cities, you must have witnessed the sharp rise in residential properties. Gold prices are ruling at an all-time high level. The disposable… Read More »
With inflation remaining the core issue, the apex bank has today decided to hike its key policy rates by 25 basis points once again in its second quarterly review for 2010-11. In a span of 1 year, the RBI has hiked the cash reserve ratio (CRR) by 100 basis points and the repo and reverse… Read More »