Emergencies do not come calling at a scheduled time. And when they happen, everyone in the family must support each other while they fight out the bad times. In such a scenario, having a well documented personal financial information template and it’s ready access by the family members is more critical than it is envisaged.Read More
How to do retirement planning for late starters ?
My Gupta asked me the other day- ” I am 51, should I start retirement planning now ? Am I late starter ?”. The question prompted me to think on how to do retirement planning for late starters but before we go there, is 51 late in starting ? Given all the basics of personalRead More
How to remove hypothecation from RC after car loan termination
So you own a car under a car loan but now want to foreclose it ? There are some do’s and don’t you need to be aware of as far as car loans in India are concerned especially on how to remove hypothecation from RC after car loan termination. Unlike a home loan where theRead More
5 tips to build your relationship with your financial planner
You always keep hearing about what to look for in your financial planner before choosing one but no one seems to be talking about similar qualities that investors must possess. Sure, the planner is the one who is offering services to you and so you reserve the right to choose one which you find suitableRead More
Rajiv Gandhi Equity Savings Scheme – Much ado about nothing
Rajiv Gandhi Equity Savings Scheme or RGESS as it is commonly called was introduced in Indian Budget 2012 by the finance minister and has now been approved for roll out. For the uninitiated, RGESS is a new tax saving scheme meant to invest retail investor’s money into the stock markets that will allow tax breaksRead More
Is day trading gambling ?
Is day trading gambling ? What prompted me to write this article was the fact that three events happened in succession one after the other. The first was a visit by relatives who had an inkling fact that I was remotely connected to finance. Not really knowing what I do, their first question was “WhereRead More