Here are 12 things in a graphical format you must know about insurance. Insurance policies, be it life via term or endowment, or health or motor insurance, have some caveats or rules that always catch investors by surprise. And when that happens, the claim is rejected. Instead of learning on the job, it is alwaysRead More
Why you need to balance risk and return on investments
Risk and return on investments are often a neglected couple when it come to an investor’s portfolio. You either focus on risks or just returns. Risk-Return concepts are poorly understood. In fact, if you think for a moment, you will realize that most of the investors focus much more on returns and less on risk.Read More
Have a home loan ? Take term insurance !
“Home loan Term Insurance” are four words that ought to go hand in hand. Practically that is but it seldom happens. You would take a home loan to realize your long cherished dream of owning a house. For a middle class investor in India, this is a very strong financial goal to achieve and heRead More
What do Financial Year, Assessment Year and Previous Year mean ?
It is income tax filing season and you must be a victim of the often heard mumbo jumbo called Financial Year (FY), Assessment Year (AY) and Previous Year (PY). These are terms very commonly heard before July 31st, which is the last date for filing your income tax returns. If you closely look at theRead More
How much income tax can be saved by you ?
How does it feel when your hard earned money is paid to the government as income tax each month ? If it feels bad, maybe you need to be aware of how much income tax can be saved by you in a financial year. If the money was used for the overall development of theRead More
The difference between ULIPs and mutual funds
Investor are often confused and do not know the difference between ULIPs and mutual funds. Both of these products can be used to achieve your objectives in life, which could be saving for your child’s education or marriage, accumulating money for your retirement or keeping aside money for the down-payment of your house. Historically, ULIPsRead More