Old age is a time when most people should sit back and enjoy life. After having slogged for 60+ years, its time one takes it easy from the humdrum of the day job and spends his/her time with hobbies. However, retirement can be cherishable depending on how one’s health is; how one’s financial planning isRead More
Lessons to be learned from the Lavasa debacle !
.The Lavasa news that the Maharashtra government is going to take legal action against the one of it’s kind hill station on the outskirts of Pune has few of my friends having sleepless nights. Their financial planning has gone awry big time and their investment in real estate now stands as good as the junkRead More
Deregulation of Interest Rates on Deposits
As soon as the deregulation of interest rates on deposits was announced by the Reserve Bank Of India (RBI), I thought that it would take sometime before the banks warmed up to the idea. But I stand corrected as three banks have already started the interest war on your deposit accounts. And more will follow.Read More
How to Revive a Lapsed ULIP Within 2 Years
The insurance regulator of India, IRDA (Insurance Regulatory and Development Authority) has introduced another new rule for Unit Linked Insurance Plans (ULIPs). After the overhaul of ULIPs in September 2010 which made ULIPs more investor friendly, here is another one to take it to the next level. The new rule will now enable policy holdersRead More
Biggest Financial Planning Priorities ?
So what is your biggest financial priorities in your overall financial planning ? Even before we answer that, biggest could mean different for different people. For some, the biggest financial goals could be those that are most significant for you and your family and which are of highest priority for you. For others it couldRead More
How to Choose a Good Life Insurance Agent ?
Finding a good life insurance agent is like buying onions and potatoes these days – they cause a hole in your pocket and more often than not, they are not upto the mark. If you want to get your dish right, you need to select your veggies carefully – similarly, if you want to getRead More