As a smart investor, ensure adequate exposure to various asset classes. Though make equities the mainstay of your investment plan, ensure you take exposure to other assets like gold, realty and debt. So in case of a stock market downturn you are sufficiently protected.
The verification of these documents are critical, though commercial establishments that take office premises have a legal team to handle the formalities often the lone individual in search of a comfy apartment does not often realize the significance of such things nor do they actually get a chance to verify these details.
During the time Rahul remained invested in his property, the stock markets also reached new highs. Now the returns from stock market are much higher than the returns from property. Besides the holding period for stocks is just 1 year after which long term capital gains tax sets in. Rahul lost this opportunity to earn… Read More »
So how do you negotiate a claim to get it fully or at least the maximum amount? What do the insurance companies usually do during a negotiation process? What are your rights and when and how do you exercise them? The following is a comprehensive guide to give you an insight into the various possibilities… Read More »
Getting a travel insurance policy is slowly becoming an indispensable part of a traveller’s list of ‘must-have’ things. The basic purpose of opting for travel insurance is to safeguard against high medical costs as well as baggage delay or loss. Other eventualities covered include loss of passport, missed flights, financial emergencies and housebreak when the… Read More »
Risk tolerance is a factor that varies with one’s portfolio duration, value, liabilities and return expectations. However, in case a couple is looking for such a big time horizon (more than 15 years), risk tolerance should cover all other variables. Equity investments, as shown by countless researches, are best suited for long-term investment durations.
RBI issues tax-free ‘RBI Relief Bonds’ which offer 8.5% interest rate compounded every 6 months. The bonds are extremely safe and mature in 5 years. A special feature is that these can be pledged as securities in a bank for borrowing credit. RBI Relief Bonds can be sold to another party in the secondary equity… Read More »
If Sunil works in Mumbai and has a purchased a home in Mumbai for which he has taken home loan. Will he still get benefit under the Act for this second home in Nagpur? The answer is ‘Yes’. Benefits under Section 80C and Section 24(b) can be taken for more than one home if all… Read More »
PPF, NSC, Post office accounts, insurance (except ULIPs) and FDs are safer, they offer lower returns and are not very liquid, due to their long lock-in period. On the other hand, ELSS (Equity Linked Savings Scheme) has a short lock-in period but is more risky, while ULIPs (Unit Linked Insurance Plan) carry the risk of… Read More »
One sure way to find some excess cash in a downturn is to reduce expenses and lifestyle purchases. The point is not to cut down on the fresh fruit that we buy for our children, but on the new sofa set that we planned for our living room. The new model mobile phone or the… Read More »