Page 809 - Personal Finance
Cheaper ways to cover your loan
When one applies for a loan, he/she is almost immediately offered an insurance policy to cover it. These are called Mortgage Redemption Schemes or Loan Protection Covers
 "Cheaper ways to cover your loan")
New Fund Offers. Should you invest or not? Â
Even if the scheme passes all tests, it is best to be prudent
 "New Fund Offers. Should you invest or not? Â")
Timeshare is cheap, yet restrictive
Such packages are meant for those who plan things well in advance. Otherwise, one would keep on paying the annual charges but would not be able to use the facilities profitably
 "Timeshare is cheap, yet restrictive")
 "Case study")
Technology edge for traders
Stripped of the technological changes, investing is and always will be a zero-sum game
What have you inherited?
Consult a registered valuer or go through a bidding process to informally value the property
 "What have you inherited?")
Things improving for real estate
If there is a fall in interest rates, both borrowers and builders would be in a sweet spot
Lessons from the gold meltdown
While the relief rally in the yellow metal means that things aren't so bad, overexposure to a single instrument makes life difficult
 "Lessons from the gold meltdown")
Lower risk weight will improve pricing, perception: NHB chief
Will help improve risk perception of real estate sector, will help pricing of loans for project financing of residential properties
 "Lower risk weight will improve pricing, perception: NHB chief")
Loans against cars are not expensive
But rates will go up if the vehicle is old
 "Loans against cars are not expensive")
Case for critical illness policies
Though costlier and fewer illnesses are covered, the breadwinner should have one with high sum assured
 "Case for critical illness policies")
Taxation woes for open offers
Only short-term investors in the 10% income bracket will get comparable returns by tendering their stocks in the HUL open offer
 "Taxation woes for open offers")
Penalty for delayed pension reduced
Given that India does not have any social security system, the penalty should be harsher
 "Penalty for delayed pension reduced")
Secure your digital assets
Opt for a digital will as it has more weight than a physical one
 "Secure your digital assets")
Higher charges need not mean better or more services
Though demat services offered by SBI and ICICI Bank are more or less similar, the former scores over ICICI Bank due to lower fees
 "Higher charges need not mean better or more services")
Is your money safe?
Popular asset classes like real estate, gold and even sectors like FMCG and pharma seem overpriced