Consumer debt to GDP ratio in India is only 13% as compared to 80% in the US, which means that fewer people are borrowing. Essentially, the wealth is sitting underutilised in the banks, available to only a select few, which is mostly the high net worth individuals or big corporations. Efforts need to be channeled …
At some point of time in life, someone, somewhere has tried to sell you an insurance policy. The idea of insurance may remind you of experiences of hard-selling, pushy sales people, and incessant nudges from that annoying relative / friend, just to get you to sign up for a policy. So, why does that happen? …
Life coverage: The most important financial product you’ll ever buy Read More »
In this ever dynamic world, change is the only constant. That is just as applicable to the financial world, even more so in modern times. From changes in interest rates, fluctuations in asset values, volatility in business profitability, the macro and micro economic environment is constantly changing. But it’s not always a bad thing – …
“Everything is so expensive now. When I was younger, a chocolate bar would cost only a few paise”. We have all heard our parents or grandparents say this at some point. How does a chocolate bar that cost a few paise 40 years ago cost Rs 10 today? The answer is simple – inflation. What …
How to protect your savings from the impact of inflation Read More »
The common retail investor is getting more and more price sensitive while selecting their investments. This is definitely a good thing, given the background of extremely high charges packaged into traditional financial products. However, this frenzy to reduce charges needs to be approached with caution. By focusing only on cutting down the cost of investment …
Importance of Expense Ratio while selecting Investments Read More »
There has been an age old debate about which is better. Different people will give you varying answers depending on their vested interest and level of knowledge. The conflicting views might understandably leave you confused but the answer is easier to arrive at than you might think. All you need to look at are the …
Term Insurance Vs Life Insurance: Which is better? Read More »