Infobites

Philanthropy, the act of donating time, resources, or talent to worthy causes, isn’t merely a financial transaction; it’s the vibrant thread that weaves a stronger social fabric. It’s the bridge that connects privilege with responsibility, fostering positive change and nurturing a sense of collective well-being.

Discover the strengths and weaknesses of corporate medical insurance. While it offers a basic defense, there are limitations you need to know. Ensure robust protection for you and your loved ones, no matter the battlefield of life. Invest wisely in additional medical insurance today!

Parents do not want their children to struggle. They will do all that they can to give their children the best they can – best of toys and games when young, expensive clothes and accoutrements, snazzy gadgets, ensure creature comforts including AC rooms, travel by cars/ planes etc.

The idea behind retirement planning is to have a sufficient retirement corpus that should be able to generate adequate returns on a regular basis so that you could continue maintaining your current lifestyle even after retirement.

Gold is seen as a storehouse of wealth and as an asset that would always have a certain intrinsic value. It is a rare metal. It is available in limited quantity and its supply cannot be increased at will. Hence, this ensures that the price of gold stays at a certain level.

Buying pension plans is not retirement funding: Investments for retirement are equated with pension plans. Retirement planning is important, but doing it through pension plans is inefficient.

When we want to park money for the short-term, we need to look at various parameters like Risk, liquidity, tenure, taxation and returns post tax.

For doing Financial Planning, one needs the necessary knowledge on the subject matter. Also, one needs to have interest, skills & the time to understand one’s requirements, evaluate options and create a plan on which to act upon.

Many people today claim to be doing financial planning – insurance agents, distributors, banks – everyone! They tend to portray that by buying some of their products, investors will actually be doing financial planning!

Return focus in exclusion is dangerous. It leads to sub-optimal results or even total disasters.