Keep track of your foreign remittances to avoid giving incorrect declarations as these could be held against you.
Balanced advantage funds have the potential to earn superior risk-adjusted returns for the investor and offer a smoother investment journey.
Instead of being guided only by returns, investors should also factor in the risks of lending on these platforms.
During the trip, check your bank account and credit card statements regularly for unauthorised transactions.
The choice should depend on the size of the retirement corpus, stage in life, and state of health.
Senior citizens should avoid putting their entire retirement corpus in SCSS.
Remember, pension from EPS will be taxable at slab rate, reducing the post-tax income for people who remain in the higher tax brackets after retirement.
Group term insurance is far more cost-effective than an individual cover.
The rally in silver may continue if the global economic recovery remains on course.
'Starting an SIP now and continuing with it is likely to translate into high returns over the long term.'
'Non-par plans returns are not market-linked. Hence, they can offer guaranteed returns.'
'Negotiate a longer agreement with the escalation clause fixed now.' 'This will enable you to control future cost increases.'
'Investors don't have to worry about underperformance in passive funds, which earn market-equivalent returns.'
While equity savings funds could offer higher returns over three-five years, they would also be more volatile.
Avoid discontinuing your SIPs. Persist for at least 7-10 years.
'Banks will continue to increase FD rates to attract more deposits and meet the increasing demand for credit.'
The Indian office real estate market, which had recovered significantly in early 2022, began to slow down in the latter half due to macroeconomic problems in the developed world. Rental yields are likely to be stable at best in FY24.
Avoid discontinuing your SIPs. Persist for at least 7-10 years.
All employees should supplement the employer-sponsored health cover with a personal cover.
'Continue with your SIPs to get the benefit of lower average prices in this challenging market environment.'