Buyers need to assess whether an OPD policy offers them enough usable benefits to justify the additional premium.
More important than the offer is whether the developer can deliver the home as promised.
Unlimited health insurance plans offer a financial cushion against mounting medical bills, but buyers must look beyond the coverage amount and understand the fine print, including exclusions, waiting periods, and co-payments, before committing to the high premiums.
'Existing borrowers who have surplus cash should make partial loan prepayments to offset the impact of rising EMIs and reduce the overall interest burden.'
If a bank sold the policy, complain to its grievance cell and, if necessary, escalate the complaint to the Reserve Bank of India Ombudsman.
Buyers should check their scope and triggers and whether they need such policies alongside their regular health insurance.
Examine the complete title chain to establish how the present owner acquired the property.
Do not share OTPs, PINs, authentication codes, card numbers, card verification values (CVVs), KYC details, security answers, Internet-banking passwords or Aadhaar-based authentication credentials through SMS, e-mail or phone calls.
'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'
Rental yield can indicate whether a property is undervalued, overvalued or fairly valued.
Under bullet repayment, the principal remains outstanding and unpaid interest raises the liability over time. This makes the LTV ratio more vulnerable to a sharp fall in gold prices.
Verify a content creator's Sebi registration, qualifications and certifications before acting on their advice.
'Users should protect their savings goals before allocating money to discretionary expenditure.'
The EPF should remain a retirement nest egg, not be turned into an emergency fund.
Understanding a product and assessing its suitability improve the chances of staying invested. Use life insurance mainly to cover risk, not to seek returns.
If reimbursement becomes unavoidable, submit a complete file at the earliest.
Life cycle funds may suit people who are starting their investing journey. They may suit those who do not want to monitor their investments frequently. Busy professionals, beginners and delegators, who lack the time, information or interest to manage asset allocation actively, may find these funds useful.
Algo strategies must be registered with stock exchanges.
Investors should do thorough due diligence when selecting a platform.
RIS Steady Life Cycle begins with an equity allocation of 35 per cent at age 60, which gradually reduces. Between ages 75 and 85, it remains constant at 10 per cent.
