This debate started when direct funds were introduced in India, and almost overnight investor preference shifted to direct funds and away from professional advice. But, at its core, this is a question what action should one take. So, let’s understand what it takes to ensure that the action taken is successful. Bear in mind, the…
What happens when you visit a pharmacy and ask a medicine for fever, the chemist gives you a pill (which is without a prescription). If the pill works, you visit him again for other health issues to get another pill. By doing so you are avoiding a visit to the doctor, saving on prescription fees…
So, there you are, you have the intent to build a secure financial future, you have even contracted a qualified financial planner to help you with this. Now, how does one derive the maximum value from a financial planner. Be clear about the relationship. Using a financial planner is like using a doctor. Now, don’t…
Sir Albert Einstein had once mentioned that the power of compounding is one of the greatest forces in the universe and went on to say that it is the 8th wonder of the world. Indeed, it is one of the powerful forces of the universe and it also applies to the basic principles of financial…
Owning a home of our own is a dream for most of us. According to a RBI report, 84% Indians have invested in properties to own houses. In fact, unlike before when people used to buy properties late in their careers, people are now investing when young. This is because of many reasons like high…
Many investors may aim for both capital protection as well as the participation in the equity markets. But, is it possible? May be, Yes, with the Capital protection oriented schemes (CPOS), which aim at principal protection at the same time offer an opportunity to participate in the equity markets and provide capital appreciation. However,…
Job Insecurity!! It is the most haunted issue among most IT professionals these days. As a result, the employees are landing into depression and anxiety. After all, a majority of them are employees with kids, a lot of responsibilities, EMIs like home loans, car loans, education loans, etc. Layoffs Pushing Techies Into Depression: Survey With…
A secured loan means, pledging ‘security’ i.e. agreeing to repay the loan on time. They come with many features. It is important to learn about the loan-types, unsecured and secured loans, to make a suitable decisions. Learn the most important things about a secured loan. 1.You will have to pledge an asset with your lender…
Being a financial planner, I always believe in risk management as the foundation for an effective financial plan. Anything that can’t be afford to be lost, should be protected. Else, one would end up with a dent on the financial assets or savings. Thus, risk management gains prominence. Risk management provides financial security via financial…
Relationships are to be cherished. No one can undermine the importance of healthy relationships – be it with family or friends. It would be naïve to say that a man/woman with healthy relationships is more confident and happy. We all yearn for that perfect family and career. But the reality seems to be different. Do…