Page 510 - Personal Finance
Low-risk investors may opt for retirement schemes offered by mutual funds
Most come with 5-year lock-in period, but some do not offer tax benefits
 "Low-risk investors may opt for retirement schemes offered by mutual funds")
Buying insurance from car dealer is costlier, consider getting it online
Before buying, compare premiums online, and opt only for those add-ons that you need
 "Buying insurance from car dealer is costlier, consider getting it online")
Marriages made in heaven, celebrated on Earth courtesy the wedding planner
A fast growing tribe of Wedding Planners is taking care of virtually every aspect of the nuptials, allowing you to be the host and the guest in your own party
 "Marriages made in heaven, celebrated on Earth courtesy the wedding planner")
How brokers are using AI and ML to offer tailor-made stock advice
Large players use these tools even to deliver data on stocks they don't cover; several use chatbots, Google Home and Alexa to improve customer experience
 "How brokers are using AI and ML to offer tailor-made stock advice")
Take heart, investments in art needn't burn a hole in your pocket
Can't afford an original Raza or Husain? simply go for autheticated paintings that are often signed by the artist himself; beware of fakes, though
 "Take heart, investments in art needn't burn a hole in your pocket")
RBI monetary policy: Will your home loan EMI fall due to rate cut?
New borrowers will benefit if banks cut their MCLR. Older borrowers' EMIs will change only when their reset date arrives
 "RBI monetary policy: Will your home loan EMI fall due to rate cut?")
RBI monetary policy: Stock markets give muted response to rate cut
Either the cut had been discounted, or smart money doesn't see the stimulus as adequate
 "RBI monetary policy: Stock markets give muted response to rate cut")
India vs New Zealand 3rd T20: LIVE scoreboard
India vs New Zealand 3rd T20: LIVE scoreboard
Invest in off-shore markets to create a well-diversified portfolio
Low correlation means you can reduce volatility by taking exposure in other markets
 "Invest in off-shore markets to create a well-diversified portfolio")
India vs New Zealand 2nd T20: LIVE scoreboard
India vs New Zealand 2nd T20: LIVE scoreboard
Fund pick: ICICI Prudential Value Discovery
Fund pick: ICICI Prudential Value Discovery
 "Fund pick: ICICI Prudential Value Discovery")
Monthly installments on car, home loans may fall marginally on RBI rate cut
However, a point to note is that banks seldom pass on the entire rate cut
Realty check: Current rates and unit sizes in Rs 50 lakh-1 cr price range
If you are looking at buying real estate, an idea about prevailing rates would come in handy
 "Realty check: Current rates and unit sizes in Rs 50 lakh-1 cr price range")
Tipping Point: Buy a house before the window of opportunity closes
Recent numbers show that the worst may be over for the residential market.
 "Tipping Point: Buy a house before the window of opportunity closes")
RIP, tax terrorism?
In the new system, one assumes that no specific tax officer will be responsible for the refunds.
 "RIP, tax terrorism?")
Reader's corner: Taxation
The primary distinction between NRO and NRE account is the taxability and repatriability
 "Reader's corner: Taxation")
Loan against securities is a good option, but repay as quickly as possible
While LAS is a great option to avail a loan, there is a catch
 "Loan against securities is a good option, but repay as quickly as possible")
Investors should split large-cap allocation between active, passive funds
Fixed-income investors should be in funds that limit both credit and duration risk
 "Investors should split large-cap allocation between active, passive funds")
Investing in gold? Amid uncertainty, stagger purchases and buy on declines
Averaging out your purchase cost will be a better strategy than trying to time your entry
 "Investing in gold? Amid uncertainty, stagger purchases and buy on declines")
India vs New Zealand 1st T20 LIVE scorecard
India vs New Zealand 1st T20 LIVE scorecard