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Human beings are rational and intellectual creatures. We try to act in the most rational manner in a given circumstance, including when it comes to taking investment decisions, yet we clearly know that emotions do affect such decisions. People in the world of investments commonly talk about the role greed and fear play in driving stock markets.
Read MoreThe concept of life insurance is not a new one. However, the purposes it fulfills go a lot beyond providing financial security upon the death of the breadwinner of the family. In addition to securing a person’s future, life insurance also offers various other benefits too.
Read MoreLet’s understand the basics of term insurance for the less finance-savvy readers – a term plan is the most basic kind of life insurance wherein if the policyholder dies during the policy period then his family member (nominated person) gets a certain amount (sum assured).
Read MoreToday you have a wide variety of life insurance products to choose from. In such a case, it is important that you select a product that suits your requirements most appropriately. However, the question is how to identify what suits your requirement best. Here are a few essential questions that you must ask yourself to … Continue reading Questions to Ask Before Purchasing a Life Insurance Policy
Read MoreProviding for your family’s needs and wants most definitely means parting with a portion of your income. It becomes worse when the price of products is increasing and you may need to take a loan to procure the same.
Read MoreIn the most common understanding of the word, 'bonus' is a reward or any extra amount that one may receive over and above the base amount. A similar concept is also applicable to your life insurance policy. In this context, a bonus is an additional sum which gets accrued to the policy on a yearly basis.
Read MoreBudget 2013 was much awaited by the investing community as the existing Finance Minister, P. Chidambaram has a reputation of doling out incentives for long term serious investors, however it did not excite investors as there was nothing much for them.
Read MoreIn the previous series, we delved on the various debt investment opportunities available to NRIs. However, the main concern with the fixed income investments is that they are hardly able to beat inflation in the long term post taxation.
Read MoreToday Indians are reaching out to every corner of the world and are making their mark in their chosen field of business or profession. They are creating a lot of wealth for themselves and their family members. However,
Read MoreIn our first article in this series (Tax Planning Series I – Deductions under Income Tax Act) we spoke about the various tax rebates you can avail under different sections of the Income Tax Act.
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