The question about equity investments in a retired investor’s portfolio never really goes away. It comes back in many forms. Isn’t it risky? Does it not put one’s life’s savings in harm’s way? Wouldn’t it not be tough to rebuild any loss? There are at least three much repeated reasons to include equity. First, a retired investor’s wealth must be armed to fight inflation. Without a growth asset like equity, an investor might be left to earn a Read more: EconomicTimes
Author: Miley Selena
In trying times like these, one must have an emergency fund for sudden needs such as medical treatment or an income loss. While friends and family may be the go-to resorts for funds, one can make a provision for the same in their financial planning. Emergency corpus One needs to be prepared financially for emergencies. It could be an earmarked fund which will not be touched for any other expense. An emergency corpus could be six months’ take home salary of the individual. Investments Emergency corpus must be easily and quickly accessible in the form of cash or in the…
1. Covers in-patient expenses including surgeon, specialist fees, ICU and room charges, medicines, tests and other costs due to hospitalisation for more than 24 hours. 2. Includes pre and post hospitalisation expenses. 3 Includes day care procedures like dialysis, eye surgery, angiography, etc. 4. Based on the principle of indemnity—expenses paid on an actual basis. Maximum limit of indemnity is the sum insured. 5. Covers hospitalisation expenses due to Covid-19. (Content on this page is courtesy Centre for Investment Education and Learning (CIEL). Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.) Read more: EconomicTimes
With the Internet dominating over and influencing a large part of our lives, especially now with the work from home set-up and the new norm of social distancing, all because of the coronavirus pandemic and the second wave we are experiencing now, more people are looking for ways to earn money online to increase their income streams. High-school and college-goers find themselves in a situation where physical internships at workplaces are not possible or ideal. They too have had to take to the Internet. For such homebound teens during the summer vacations, here are a few ways to earn some…
ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision. How the fund has performed 82478671 Where the fund invests 82478680 Basic facts Date of launch: 31 March, 1996 Category: Equity Type: ELSS AUM (As on 31 March 2021): Rs 2,637 crore Benchmark: S&P BSE Sensex Total Return Index What it Read more: EconomicTimes
Banks have reported fabulous y-o-y growth during the fourth quarter of 2020-21 due to the low base effect. IndusInd Bank with a y-o-y net profit growth of 190% also lived up to the street expectations. Like other banks, IndusInd is also getting impacted due to street’s worry about possible asset quality deterioration in the coming quarters due to the second Covid wave. However, analysts continue to be bullish on this counter for several reasons Read more: EconomicTimes
Arunima is 36 and is a well established architect with her own practice. She lives with her parents and has been working out of her parents’ home for almost a decade. She now wants to take up her own business space. She has identified a good location and worked out the capital requirements to set up the office. Arunima estimates that she will be able to cover the initial cost in 15-18 months. Her portfolio consists of investments in mutual funds, PPF and deposits. She needs to make a big decision—should she liquidate her personal holdings for her capital requirements…
If you are a working woman in a double income household, there can be three possibilities as far as your salary is concerned: you are either earning less than your husband, the same as him, or more than him. While the first two scenarios are unlikely to create much of a skew in personal relationships, the third one, where the woman is earning substantially more than the man, can prove to be dicey. In a deeply patriarchal society, where men have always been seen as breadwinners and women as homemakers, the reversal of financial equation can lead to an unstable…
In this week’s realty hot spot series, we look at locality SG Highway situated in Ahmedabad. This is a residential area boasting of a good mix of developed and developing sub-localities along with equally good retail and social infrastructure. The property price range per sq. ft. in this locality is Rs 3,400-8,000. A 3-BHK, which is the property type that enjoys the maximum supply here, costs about Rs 91 lakh on average and comprises 1,850 sq. ft. area. There are 1-, 2- and 4-BHK property types available as well. Here are other key features of SG Highway that make it…
Not many investors know whether they have invested in the right funds and if their fund portfolio is on track. The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals. I: Namit Kamat is saving for his daughter’s goals and retirement. Here’s what the doctor advised him: Goals Investor’s existing portfolio Portfolio check-up Investing in equity funds for the past…