Page 625 - Personal Finance

Run SIP for a decade to reap rich rewards

Keep an eye on the fintech space

Investors cannot afford to ignore the disruption that will impact a wide range of sectors Investors cannot afford to ignore the disruption that will impact a wide range of sectors

Minimise disputes when distributing wealth unevenly

Explain reasons for uneven bequest in the will and make small changes to it regularly to show that your intention remains unchanged

Use credit card with discretion this festive season

While it is a convenient mode of payment, it is not an efficient way of borrowing. Repay your dues fully every month if you decide to use it

Profit from discounts in closed-end funds

They are sometimes available on the exchanges at a discount of 30-40 per cent to their net asset value

Should you defer real estate purchase until regulator is in place?

Those looking to take advantage of current market conditions should buy only after conducting due-diligence

Realty check

Mutual Funds: Nimesh Shah

Cut valuation risk in your portfolio

With stock prices at elevated levels, investors need to promptly rebalance their portfolios

It's borrower's responsibility to insure goods

Add a silver lining to your portfolio

While silver has the potential to appreciate further, do take into account commission and storage cost

MF to disclose distributor commission from Oct 1

Consolidated Account Statement to also give scheme's average total expense ratio for half-year period for each scheme's plan

Look at MF, PPF before investing in NCD

For the wealthy, post-tax returns of debt funds would work out better

Stay invested in equities over the long term for better returns

Convenience, safety or discount?

A mobile wallet may offer discounts but allows transactions of limited amounts. And, while a bank app or internet account allows larger transactions, it might be less convenient

Rupee could depreciate

A lower rupee might lead to a positive revaluation of export-oriented businesses

Contribution is key to claiming tax benefit

If a house is sold and the proceeds are used to buy another, whoever contributed to the purchase of the first house can claim exemption on capital gains tax

Settle your financial affairs before moving abroad

Those taking up a job abroad should notify their bank about the change in status and open appropriate NRI accounts

Virtual trading not a substitute for real world

Such platforms are good for novices, and help seasoned players test their investment strategies

Perpetual bonds offer higher coupon but carry recall risk

The coupon rate on perpetual bonds is attractive, but they come with a call option, and are not for investors who want liquidity