Single health insurance Policy vs Base + Super topup! – Which is better?

Shall you buy a single big health insurance policy or divide it between two policies (Base cover + a super top-up policy) for a cheaper premium? The whole insurance industry is busy promoting and selling super top-up policies as a “cheaper way of upgrading” your health insurance cover. But no one is educating investors on […]

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Can you get a plot loan if you don’t want to construct a house?

Lots of people in India want to buy land, especially investors from big cities as land is a scarce commodity and it sounds amazing to build your own house on a piece of land instead of staying in apartments. However, do remember that there are no specific loans available to buy agricultural land. The only […]

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Can bank seize your property when you are unable to Repay Your Home Loan?

Do you know what happens when you are unable to repay back your home loan? After how many missed EMI’s will the lender get hold of your property and throw you out of it? What are your rights as a consumer and what exactly are the steps involved in the foreclosure process? When we buy […]

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Getting Bad returns from your mutual fund? Do the Rolling Returns Analysis!

Not happy with your mutual fund performance? Do you think its a bad mutual fund, because it is not doing well from last many years? A lot of mutual funds investors lose their patience looking at their mutual fund’s returns after they invest for 2-3 yrs. Its commonly suggested that an equity mutual fund will […]

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Don’t buy “Return of Premium Term Plan” – It does not make sense!

Does it makes any sense to buy “Return of Premium Term Plan”? The one-line answer is “NO – it does not make sense” A “Return of Premium Term Plan” or TROP as its called – pays back all your premiums at the end of the period, whereas the plain term plan doesn’t return back anything. Before […]

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10 mind-blowing changes in Health Insurance starting Oct 1, 2020

Congrats! – Health Insurance just got a lot better IRDA has recently come up with some major changes in health insurance guidelines which are extremely customer friendly. These changes will reduce a lot of confusion that customers used to face while buying health insurance and will also help in smooth claim experience. These changes are […]

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How long will you live after retirement? (Its not 80 yrs)

70-80 yrs. That’s what most of the investors answer when they are asked – “How long are you going to live?” Truly speaking, no one knows how long will you live!. We may die at 60, 70,80, and 90,100 or may be 47 or next week!. Who knows? In most of our workshops and even […]

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Senior Citizen Saving Scheme (SCSS) – How it works and brief review

The investment product which I will be talking about in this article will meet all your requirement as a senior citizen. It is called as “Senior Citizen Saving Scheme”. It is one of the safest investment products because it is sponsored by the Government of India. What is SCSS? Senior Citizen Savings Scheme (SCSS) is […]

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54 EC Capital Tax Bonds – How to save your tax after selling house?

When you sell any capital asset like a house, gold, bonds or debt mutual funds over a long period, you generally make a PROFIT, which is called as Capital gains. This is treated differently from “interest income” which you get from fixed deposits and these capital gains are taxed at 20%. In case of selling […]

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What is SIM Swap Fraud & How to prevent it?

The telecom and financial services have drastically changed over the last 15-20 yrs. and this means that you can do lots of things over your phone now. You don’t need to go to bank for everything. Now your mobile itself is a bank and it will let you transfer money to anyone and transact with […]

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