Page 15 - Karthik Jerome

Watch out for mark-up on the exchange rate when remitting money

Go with a player that states both the exchange rate and the transaction fee transparently

High-frequency traders must be highly cost-conscious while choosing brokers

Platform reliability, time to meet margin calls are other key criteria for traders while selecting a broker

Silver's performance may continue if global economy avoids recession

Beware of its volatile nature and don't invest more than 5% of your investment portfolio in it

Conservative investors, novices should choose passive ELSS funds

Those desiring index-beating returns, but willing to tolerate underperformance, may choose the active plan

Invest in multi-asset funds for protection against downside risk

Be prepared, however, for these funds to lag when there's a bull run in equities

Diversify your investment portfolio by style to include value funds

Don't exit growth-style funds as they may benefit next from a shift in investor preference

High portfolio yields to make debt funds an attractive option in 2023

Investors could also get the benefit of capital gains this year

Gold to shine amid global recession; soft landing could play spoilsport

But it will lose sheen if the world economy achieves a soft landing

Monitor your credit report regularly as improving score takes time

Viewing it often will also help you detect identity theft early

Beware of information paucity and liquidity risk in unlisted shares

Even seasoned investors should bet only 5-10% on such securities

Professionals serving affluent clients must buy bigger indemnity covers

They should avoid professional indemnity policies with sub-limits or high deductible

Silver has got its lustre back but beware the volatility, say experts

After underperforming for 2 yrs, silver has risen in line with benchmark indices but one should limit exposure to it to 5-10 per cent of portfolio

Your tax-saving investments must match your financial planning targets

Ensure that such investments are in sync with your asset allocation and are not done hastily

Port and combine your base health policy with a top-up to prune cost

Features like recharge and guaranteed no-claim bonus enhance the cost-effectiveness of health insurance policies

Build an equity-heavy portfolio for your child's higher education goals

This is essential to combat the high inflation in cost of education

General Insurance company ICICI Lombard launches new range of products

Offers for senior citizens without an age cap

Special FD rates, while attractive, lose the medium to long-term race

While you may begin allocating to them, keep some powder dry as rates could rise further

Office space demand can translate into high returns, say experts

Oversupply and poor maintenance can, however, affect investments

Global health cover comes as a lifesaver for high-flyers: Experts

But examine countries covered and claim settlement mode

Going abroad? Declare pre-existing disease even when buying travel policy

Take country, trip duration, and your age into account when deciding on the sum insured