A dear friend of mine was of recent telling me about how he is into buying and selling houses for profit. He reasoned that since 2008, the equity market has not returned any decent sum of money for him and so he was better off parking the money in a place which could earn himRead More
What are the Passive Income ideas in India ?
Passive income ideas in India are not a rage unlike the western countries. In the West, you have individuals doing more chores to accumulate that extra buck each month. Passive income is income that gets generated when you don’t have to work for it regularly. Imagine for a moment, how nice it would be toRead More
Old wine, new bottle – why life insurance is not an investment !
I know this is a very abused topic in the personal finance world but the way it keeps coming up alarmingly everyday made me revisit it. Most of my clients have truck loads of life insurance policies that was sold to them without their knowledge or understanding not to mention that most of these policiesRead More
HDFC Balanced mutual fund [infographic]
OK, HDFC Balanced Mutual Fund needs no introduction. But I guess it will be a shame if we don’t cover this here. This is a hybrid fund with around 15% returns over the last 12 years, as of writing. With around 20% in debt and 10% in cash and the rest in equity, HDFC BalancedRead More
Do single premium term insurance plans make sense ?
The insurance regulator IRDA was in the thick of news recently after it went after single premium insurance plans saying they needed to be taken off the shelf. While the industry stalwarts continue their flip flop on topic, we decided to check whether is makes sense to buy single premium term insurance plans in India.Read More
Here is why retirees need to watch their retirement portfolio returns
Are you a retiree who has parked his/her retirement corpus into investment avenues so that they can be used judiciously to supply you your expense each month ? If yes, read on to understand the negative impact of retirement portfolio returns. Most of the way retirement calculation is done by novice investors is at theRead More