Recently as of 20th September, many of you would have started seeing failure regarding SIPs. Many SIPs are failing with this error past few weeks surprisingly your old SIPs are running fine. You would ask your MF Agent, be it apps like Kuvera, Groww or even direct mutual fund investments in their AMC website. You…
In the last blog, we looked at how to use “deductible” effectively to reduce the insurance premium. Here we are going to look at the difference between Topup and Super topup. The purpose of these health plans is the same. Avail higher coverage while keeping the premium costs lower. First, how do these health plans…
In the first blog, we looked at how Room rent capping is not the right way to reduce our health insurance premium. Now let us look see how we can use “Deductible” to reduce insurance premiums. Let us be wise, health insurance wise. Deductible – According to IRDAI “Deductible is a cost-sharing requirement under a…
Insurances are our safety nets in life and it is one of the first step to creating a financial plan. Health protects our wealth and we have to Be Wise, Health Insurance wise. There are numerous factors which are crucial in selecting in a Health Insurance. Before we go into the factors, its important to…
Why are there too many mutual funds (MFs) in an investors portfolio? I am seeing that even wealth managers are recommending many clients so many MFs in their portfolios. 20-30 MFs is something which I am seeing in investors portfolio. What could be the cause of that? There could be multiple reasons to it. Firstly,…
There is an inherent tendency to do something about an external event. But you know that quite possibly nothing pretty much changes in the long term because of that event. So when nothing changes in the long term, what is our best course of action to that external event? I strongly believe in the power…
NSDL CAS or Consolidated Account Statement, provides a beautiful consolidated holdings across different demat accounts for us. In this post, we will look at what CAS means, why its good to view it and how we can request it. CAS can be requested at anytime from the NSDL website. What CAS offers? Let us look…
In the last two blogs, we understood 1) how to calculate the required retirement corpus? 2) How to achieve the retirement corpus. Now this blog will talk about how to make the retirement corpus work for us. It is important to have a clear idea on how the retirement corpus will work for us. The…
Well in the previous blog, we talked about how to calculate the required retirement corpus. Now we shall look at some tips and tricks in achieving the target retirement corpus. They key is to understand the asset allocation which would help us in achieving the target retirement corpus. The following important points have to be…
This is a question many of us ask each other – What is the ideal retirement savings target? What is the retirement corpus I need for retirement? What factors goes into trying to come up with that magic number? To identify the many factors, let us look by dividing the life into two phases 1)…
