Page 36 - Financial Investment

Readers' Corner: Banking

Rajiv Anand, Group Executive and Head, retail banking, Axis Bank, answers your questions

Taking insurance firm by 'storm'

There need not be a storm, but if storm-like conditions exist, a claim would be payable

Property abroad back on investors' radar

Assets are available at good valuations, but one should check taxation, eligibility conditions and exchange control laws before investing

There's value in online refurbished goods

Price arbitrage for popular products is low but some of these platforms are worth a look for decent deals

Slow, systematic investment

Don't put the housekeeping money into equity. Park only savings that need not be touched for many years

Understanding offers from financial firms

Read the numbers carefully because no one can offer a credit card at zero cost or give a loan at a simple interest of 9%

Why bonds are better than physical gold

Annual interest, absence of making charges make bonds attractive

Don't focus on event-based investing

Stock market investors can use the opportunity to buy or sell, but MF investors can't follow this strategy

Case study

Business Standard analyses one family's finances and suggests a way forward

Realty check: Budget - RS 1 crore to 1.5 crore

If you are looking at buying real estate and your budget falls within this range, an idea about prevailing rates would come in handy

Readers' Corner: General Insurance

Rakesh Jain, Chief Executive Officer of Reliance General Insurance, answers your questions

Take a home loan from an NBFC only if banks refuse

There are valid arguments for this, including the high upfront costs that lenders incur while giving the loan, which can only be recovered over the longer tenure of the loan

All that glitters is paper gold

Both the gold monetisation and bond schemes are good. But, there are also hitches that will take time to resolve

The way the system should work

Predicting the course of currencies' relative value is tough; volatility seems the only certainty

How to understand Diwali offers

In most cards, you have to make a minimum expense. Seek cash discounts where you can

Schemes only for the savvy investor

Since you are betting only on a few stocks, the risks are high. However, the returns can be spectacular as well

Income tax reforms that will make life less taxing

Soon replying to notices, getting responses to queries and refunds will become simpler

Investing across fund houses made simpler

With a common account number, you can use the MF Utilities platform to invest in any fund house's scheme

A diamond in your budget

Opting for slightly lower scale in clarity, colour and carat weight can bring down the cost substantially

Case study