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Source: Live Mint Depending on whether the goals are short, medium or long term, investments can be made in equity, debt or hybrid – a combination of equity and debt – funds. Risk of over-diversification Diversification is important, but doing so just for the sake of diversifying doesn’t work and can backfire. That’s because after…
Source: Live Mint Allahabad resident Anindita Basu’s relative had such an experience. “The tenant had been living in her apartment for many years. When she told him to vacate because she wanted to move there, he refused to do so. My relative had to take the legal route. It took her four years to evict…
Source: Live Mint A personal loan provides help in dealing with serious life challenges such as medical emergencies, surgeries, education, home renovation etc. That is why it is clear that in difficult times, it is only such personal loans that defend a borrower by providing him with a platform to deal with immediate financial challenges….
Source: Live Mint Lack of awareness is still the biggest stumbling block in insurance adoption in India, and around 47.6 per cent of Indians remain unaware of term insurance and its benefits, a new report has shown. Term insurance has grown by 18 per cent in FY24 across the industry as compared to a CAGR…
Source: Live Mint Capital gains are the profits generated by an investor after selling a capital asset. These profits are the difference between the selling price and the original purchase price of a capital asset. Capital gains play a key role in determining how an investment has performed over a period of time. Types of…
Source: Live Mint You can fund your overseas trip for personal/professional reasons, business or vacation with your credit card. Though credit cards offer a lot of benefits such as low forex mark-up fee, rewards and discounts on flights as well as hotel bookings for international travel, you have to be careful with your usage. There…
Source: Live Mint Charlie Munger, the late vice-chairman of the multinational conglomerate, Berkshire Hathaway and a close friend of Warren Buffett left behind a legacy of immensely profound investment wisdom. His ideals, philosophies and vision compiled in the book ‘Poor Charlie’s Almananck’ continue to guide professionals and aspirational investors throughout the globe. This book was…
Source: Live Mint Income Tax: As a taxpayer, you can use the e-pay functionality on the e-filing portal to make a payment to the income tax department. This is a user-friendly feature to clear your dues via any of these routes: net banking, debit card, over the counter, NEFT/RTGS or payment gateway. Here, we describe…
Source: Live Mint In today’s unpredictable financial landscape, having multiple credit cards has become increasingly common. But the question remains: does having multiple credit cards raise or lower your credit score? Let’s explore this question further by discussing the advantages and disadvantages, as well as the best ways to manage multiple cards. Factors influencing credit…
Source: Live Mint I’m already repaying a personal loan, but due to some recent unexpected expenses, I find myself needing additional funds. I’ve come across the option of taking a top-up loan on my existing personal loan, but I’m not sure if that’s a better route compared to applying for a fresh loan. Could you…
