Investing in the right assets according to your time horizon
Mr. Rajesh Iyer(45), a businessman proudly proclaims that his investments for retirement comprises of 25 traditional insurance policies each maturing every year from his age of 61 till 85 years, thereby providing his sufficient income for his retirement. Mrs. Shweta Rao(36), a school teacher has invested Rs 3 lakh in a 8 year fixed deposit scheme recently, offering 9% interest as she was enthused...
Read MoreEquity – a concern or an opportunity
Off late investors are concerned about the basis of continuing the allocation to equity, even for their long term goals like retirement, child education or marriage which are more than ten years away. For the last few years the news headlines speak only about volatility or some new challenges on the economic front like the worsening fiscal deficit, scams involving cabinet ministers, the Euro zone...
Read MoreSynchronize year-end investments with goals
It’s the time of the year when individuals rush to sign up policies or do investments which have no direct link to their financial goals but more to do with saving taxes. Insurance agents get on a calling spree to sell their products, be it life insurance to get you exemption under section 80C or medical policies to get you exemptions under section 80D or any other. These calls can be...
Read MoreFestive fervor and buying gold
It is festival time and it always reminds me how our folks rush to buy gold around Diwali. Our reasons to buy gold have mostly been emotional, religious or traditional needs. People across the globe have taken to gold as investment in last several years due to global economic slow-down. This in turn has improved CAGR figures of gold. For people who want to have a portion of their wealth in gold,...
Read MoreDon’t Place all your Eggs in the ‘Property’ Basket
In September this year, I met Deepak and Saloni – a DINK (double income, no kids) couple – who wanted my financial planning services. This young couple earned well, but had parked all their investments in one asset class – property. They had a portfolio of five houses, a term plan, a mutual funds portfolio worth a few thousands and some shares. We started discussions 0n financial...
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