Last week, I was reviewing the financial plan of an existing NRI client. As per the last year data, he was holding around 60 Lakhs in Fixed deposit in NRE account. I saw the amount is FD is just 10 Lakhs now. I asked him what happened. I was shocked to hear that he lost …
Discipline & Perseverance are Must Haves In Life and in Personal Finance Read More »
“Life is really simple, but we insist on making it complicated.” – Confucius This is true with Personal Finance too! People make it complicated. Mostly this has to do with basic human behaviour and psychology: Overthinking – which is basically thinking minus the action; Everything there is, was first a thought. So thinking is good. …
PERSONAL FINANCE IS SIMPLE, PEOPLE MAKE IT COMPLICATED Read More »
I was thrilled to get a call from Mr. Sharma last month. He is one of our good old clients for the last 10 years. He joined for our services at age 65, after his retirement. He was sold a bunch of bad life insurance policies by his bank. We helped him to get out …
As you are aware, the Indian equity market is down by more than 17% from its 52weeks high. For the last few days, we are seeing correction in market almost daily. Global markets are also correcting heavily. There are many reasons for this correction. High inflation, increasing interest rate, war between Ukraine and Russia are …
Who should worry about this equity market crash now? Read More »
Of late many of you are planning to purchase Term Insurance & Health insurance in the interest of your family. Pandemic has created lot of awareness . There are many important points to analyse before purchasing these policies. You cannot purchase these policies like any items on Amazon or Flipkart. Unless you analyse & purchase, …
Watch these video before purchasing Term Insurance & Health Insurance policies Read More »
Sukanya Samriddhi Yojana (SSY) was launched in 2015 for the girl child. It is another small savings scheme like PPF from the government of India and it will be administered through post office and select banks. The maturity amount and the total interest paid on the scheme will be tax free under EEE like in PPF. …
This article is not about whether you should purchase a super top up health insurance policy or not. It is absolutely necessary to purchase a super top up plan. The reason being the high inflation in health care sector. The treatment which costs you 5 Lakhs today may cost you more than 30 Lakhs 25 …
When should I purchase Super Top up Health Insurance Policy? Read More »
Everyone seems to be a risk-taker as long as the markets keep moving in the upward direction. But the moment markets start going downwards, the real risk profile comes into picture. Before moving to risk profiling and asset allocation as per your goals, a few important points must be understood. Having said that, let’s start …
Risk Profiling – Ability, Willingness And Asset Allocation Read More »
In this article, I am not going to talk about what should be done and what should not be? I am sure, whatever you have done must be in the best interest of you and your family. But have you ever thought, if you are not around or even if you are around, would your …
I had a dream of writing a book on personal finance in simple language and give it free to all as an eBook. Idea is to reach out to the common man which can help him in taking informed decision while investing/insuring. It will be in simple English without technical jargons so that anyone can …
