The buck does not stop after you have purchased a personal finance product. Be it a life insurance policy, health insurance policy, an FD, a stock or a mutual fund, there are some dates that you need to keep in sight otherwise you will miss on important landmarks that can render your holdings useless andRead More
LIC Bima Bachat – No Bachat!
LIC Bima Bachat policy from LIC is a single premium money back plan. In case you are unaware of the different types of life insurance policies, I recommend you hop over to read that first. A money back plan is meant to return you an amount of money after every certain number of years. SoRead More
Which is the most transparent financial product ?
(This Poll has ended. You may refer results below) A thought crossed my mind today. How do we buy financial products? Say you have Rs 50,000/- and want to park that money, where would you put it in and why? I think most of us never bother to first think about basic things like goalRead More
How to Use Auto Sweep Facility
Just like you delay your investment decisions in your financial planning, do you also delay investing your salary each month in the right investment avenues ? If yes, you are not alone. A whole lot of investors are used to accumulating their salaries each month in their bank accounts as they do not know whatRead More
Who Should BUY Life Insurance ?
Have you ever been confused as to whose name you should take a life insurance policy on ? You argue that it is for the future of your family, wife and kids, so it needs to be on their name. And you think that it’s really a no brainer as to who should buy lifeRead More
Loan to Value (LTV Ratio)
If you are planning to buy a house in the short term, LTV Ratio or Loan to Value Ratio is something that is going to add to your misery. RBI (Reserve Bank of India) has come up with a new rule that might derail your short term plans of owning a dream home. The guidelinesRead More