Page 41 - Financial Investment

Market crash is different this time

This time, there was no panic at all. In fact, there was a heightened sense of 'it would be a shame to let a good crisis go to waste'

Don't buy a health plan for maternity cover

It comes with long waiting period, cap on charges and does not cover pre- and post-hospitalisation expenses

Keep calm and carry on

In the current market volatility, you can choose to book profits or buy cheaper stock. However, continue with core investments and don't trade

IPOs: Don't go for listing gains

Invest only if the company is raising money to grow its business

Should you sell or invest more in stocks?

It depends on your current situation and future requirements

Realty check: Budget - Rs 1.5 crore & Rs 2 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: Debt counselling

Airlines should compensate for missed flights...

...If a passenger misses a flight on account of boarding announcement not being made

Back to reliable sectors

In the absence of significant policy reforms, FMCG, pharma and IT could be a theme over the next few months

Online mutual fund platforms are fast and convenient

They also take care of your other hassles such as fulfilling Know Your Customer and changing bank accounts

Are you down with start-up fever?

It is risky for individual investors to invest directly in start-ups. Check the promoter team, understand the business and look for an exit route, before deciding on a plunge

Services to make your travel cheaper

Look for suggestions on apps and websites on how to cut costs when holidaying

Use PF to purchase, repair, alter a house

Not advisable to touch retirement corpus if property is being purchased for investment. If there is excess amount, return it within a month

Case study

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

Too many schemes will spoil the returns

Even for a huge corpus of Rs 4-5 cr, financial planners recommend only 20 MF schemes

Realty check

Banking: Jairam Sridharan

I used an ATM counter of another bank to withdraw money

Case study

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

Tipping point

Can mobile numbers be retained if you change the service provider?

Bank liable for procedural delays in payment of pension

Transfer of the pension account while holding back the relevant information relating to the account would constitute a deficiency in service