Those who had taken a home loan as far back as 2015 or 2016 would have benefited from falling interest rates. But those who bought properties—and took loans to refinance them—when interest rates had bottomed out during the Covid-19 lockdowns will feel the pinch
Gold prices may not have stuck to the script of going up despite the Russia-Ukraine conflict. But gold is not to be used to generate returns. It is a hedge against inflation and uncertainty. And it’s best to invest in it, paperless.
Planning for a child’s education in an uncertain and complex environment is tough. Be flexible in your planning and keep topping up your SIPs with surpluses to stay ahead
Mothers in the Gen S, or Sandwich generation, have to play the dual responsibility of caring for elderly parents and simultaneously planning for their children’s future. Managing finances and goals of two generations, besides your own, needs more meticulous financial planning
In many ways, mothers lay the foundation for the way we manage our finances as adults. And those lessons are priceless
After the RBI’s sudden 40-basis-point repo rate hike on May 4, your home loan tenure might increase by three years. This time, switching banks and shopping for interest rates might not help.
There are multiple ways to buy gold this Akshaya Tritiya. Ask yourself if you wish to wear your jewellery or just want to buy it as an investment. If it’s the latter, paper gold would be an easier option
Many investors buy gold on Akshaya Tritiya in the belief that they will accumulate wealth over time. But there are better ways to build wealth,equities being one among them Vinayak Savanur
Banks try to sell you gold coins and jewellers try to tempt you into buying physical gold on Akshaya Tritiya. But buying gold in electronic forms, such as ETFs, gold mutual funds or sovereign gold bonds, is a better option as quality and storage issues are taken care of.
Equities may give higher returns than debt over the long term. Financial advisors recommend investing in equity for wealth creation. But that doesn’t mean that fixed income investments have zero role to play in your moneybox
The difference between buying an insurance policy and a car is the difference between a need and a want. Consumers must learn the difference between needs, wants and aspirations and learn to prioritise them.