Do you understand the importance of maintaining a good credit score ? Let me explain with an example. Sometime ago at a Diwali party, one of the game prizes that was given away was for the highest number of credit cards that a person held. The winner of the game had 22 credit cards inRead More
Miscellaneous
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
Battered and bruised in H1 2012 and investment tips for H2 2012
The first 6 months of 2012 are drawing to a close. If you think for a moment, then in January 2012, all of us must have made many promises to ourselves about how we would invest our money and follow a disciplined investment strategy. A lot of investors might have set higher expectation from the stockRead More
Live Example – how a chartered accountant fleeced an investor
A peer friend of mine had written an article sometime back on why a chartered accountant cannot be a financial planner. The truth hit me home hard when a prospective client came in through my door with a question – “I cannot pay the premiums of my insurance policies”. I dug into the case andRead More
It’s Time for Long Term Debt in Portfolio
The RBI Monetary policy of 2012-2013 sounded the onset of rate cuts in India and with that came the certainty that interest rates will reverse in the future. What impact does this have to your overall financial planning ? The stock market is still gyrating like a loose tick tock clock in 2012; real estateRead More
Does Bank FDs Return More than the SENSEX?
I am not sure how many of you read through an article that The Economic Time published, but it prompted me to do a post on it. The article showcased the fact that bank FDs have returned more than Sensex since 1992. It was a bit startling because we have always heard about long termRead More