I advise investors of all age groups. Many middle-aged investors are concerned about whether they are too late in starting investments. Even though it is better to start early, it is never too late. They will just need to make up for the missed period by investing more. Not as easy as it sounds. They can, of course, make up by targeting higher returns but that’s … [Read more...] about The Choice between Starting Early and Investing more
In the first week of December 2019, the Government paved the way for the launch of Bharat Bond ETF. The Bharat Bond ETF will invest in bonds issued by various public sector units. From the investors’ perspective, it is a new investment option in the fixed income space. The Bharat Bond ETF is an easy and low-cost way to invest in bonds from public sector entities. From the … [Read more...] about What is Bharat Bond ETF? Should you invest?
Most mutual fund schemes have not performed well since the start of 2018. This is broadly in line with the overall performance of the markets. Over the past few months, I have started receiving interesting queries from clients/readers. This happens more with clients who have started investing recently, i.e in the last 2-3 years. Should they start investing in ULIPs and … [Read more...] about Read this if you find merit in ULIPs and traditional plans over mutual funds
Aegon Life has launched a new variant of iTerm plan, where the policyholder gets a monthly income after the age of 60 years till his/her demise. This is in addition to the lumpsum pay-out at the age of 60. In a way, it is a term plan with a pension feature. For those who simply can’t let their insurance premiums go waste, it looks like a good option. However, as always, let’s … [Read more...] about Aegon Life iTerm: Dual Protect: A Term plan with Monthly Pension
Risk and Reward go hand in hand. Higher the risk, the higher the return. Isn’t that what most of us have come to believe? Well, this understanding is only partially correct. Why? If you could earn a high rate of return simply by taking higher risk, a lottery ticket would be the best investment. And you would find the world’s best investors in casinos. If we define … [Read more...] about The Less Understood Relationship between Risk and Returns
If there is one thing no parent wants to compromise, it is their children’s education. The parents would do anything to provide the best education to their children. Of course, not everything is under their control. At the same time, they would want to be prepared financially. How do you prepare financially for children’s education? Easy. By investing. When should you … [Read more...] about Saving for Children’s education: When should you start?
Healthcare costs are rising fast and a health insurance plan can secure your family’s finances against medical emergencies or prolonged hospitalization. Not just that, a health insurance plan also ensures that you can provide quality healthcare for your family. Most informed people have either purchased health insurance already or are planning to add one to their insurance … [Read more...] about Individual Health Insurance or Family Floater: Which one to choose?
Your life insurance needs are not static. Your life cover requirement keeps changing during your life. Your life cover need increases when you assume additional responsibility (marriage or birth of a child). On the other hand, it decreases as you achieve your financial goals or your savings for the goals grow. For example, your outstanding home loan will keep going down … [Read more...] about A Life Insurance Ladder can Save you Money
I must confess that the article headline is a click-bait. This is not a post to review the ICICI Prudential Signature Unit Linked Insurance plan. I have picked up this plan because it is a new low-cost product from ICICI Prudential Life. The intent is to address a much bigger topic about ULIP charges. In an earlier post, I had discussed the impact of ULIP charges on returns but … [Read more...] about How do you lose Rs 2.2 lacs by investing in ICICI Pru Signature ULIP?
Many investors purchase pension plans so that they continue to receive monthly income even once their regular salary stops after retirement. Which pension plans do you choose? In this post, let’s look at a popular pension plan from SBI Life, SBI Life Saral Pension Plan. SBI Life Saral Pension Plan: Important Points A Participating, Non-Linked, Traditional Pension … [Read more...] about Review: SBI Life Saral Pension Plan