Market Crash- What to do to cut your losses

THE market’s blows are only getting harder.
The bad news is that the worst may not be over yet. Amidst all this turbulence, only one thing can save you: The right advice.
Here’s how you can limit the damage, straight from wealth’s experts.
Scenario 1: I invested in the markets for the short term; what should I do [...]

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5 Things for your portfolio

WHAT are the ‘must haves’ in your suitcase, when you go on a holiday?
Cash, clothes and camera?
Okay, if you’re a girl then add make up kit to that list as well!
A holiday is incomplete if any of these essentials are missing. Similarly, there are certain ‘must haves’ in a financial portfolio as well.
And [...]

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What is the safest asset today

‘FORGET stocks. Invest your money in buying a bigger bed. You can tuck away all your cash here’, read an sms that I got the other day.
Funny I thought, but it really gives away what the world is thinking today. Everyone and his uncle are scared to invest their money!
“Should I keep all my [...]

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Saving fo Children through MF route

Indians have a strong family bonding than any modern community. Saving for children is one of its visible signs. Securing future of the children, some times takes the tax route through the Sec 80 of the Income tax Act 1961. Insurance companies have done their bit eversince the segment was open for private entry ever [...]

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Why Endowment policies should be avoided

Today we are going to see Today we are going to see why Endowment policies should be avoided in any portfolio and how other things are much better than Endowment policy with the same cost .The assumption is that you understand what are Endowment policies and What are Term Insurance Plans .A look at the [...]

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The Truth of SIP+ Insurance

Recent media reports suggest that the ‘SIP (systematic investment plan) plus insurance’ phenomenon will shortly come to an end. Leading life insurance companies under the aegis of an industry association have taken a decision to that effect. An eminent personality from the insurance industry was quoted stating that insurers would not offer insurance cover on [...]

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Know about TAX FREE Incomes

Some important items of income, which are fully exempt from income tax are discussed in this article.

The following are some important items of income, which are fully exempt from income tax and which a resident individual Indian assessee can use with profit for the purpose of tax planning.

1. Agricultural income
Under the provisions of Section 10(1) [...]

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Insurance Fraud And Its After Effects

Fraud are very diverse, and occur in all areas of insurance. Insurance crimes also range in severity

Insurance fraud is any act committed with the intent to fraudulently obtain payment from an insurer.
Insurance fraud has existed ever since the beginning of insurance as a commercial enterprise. Fraudulent claims account for a significant portion of all claims [...]

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What’s your financial quotient?

Every day, we conduct a financial transaction that requires an informed decision. Whether it is taking a loan, using a credit card or opening a fixed deposit, a little knowledge can get you a better deal. Check out how financially savvy you are with this short quiz:

1. You are in the highest tax bracket and [...]

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ICICI prudential products

ICICI prudential retirement solutions also known as ICICI Pru pension plans have been designed to cater to the diverse requirements that characterize each individual. A retirement plan is an assurance of regular income source to continue with your present lifestyle. ICICI Prudential understands the importance of a pension plan for you and brings innovative and [...]

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How to save money on your car insurance

Step1Talk to your agent about multi-policy discounts. Most companies want to write your home and auto coverage and will provide significant discounts for packaging them together.Step2Tickets and accidents can severely increase your insurance premium … remember to be a safe and courteous driver.Step3Be aware of WHAT you are driving …. sporty and classic vehicles as [...]

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