Page 976 - Personal Finance
Equity investors continue to shun MFs
In FY13 till date, 3.4 million folios closed
How much insurance do you need?
To curb mis-selling, Irda had proposed need-based analysis, but little seems to have changed on the ground
Open offers are more taxing
Both acquirers and investors lose in the process
Get protection for your car
Installing good anti-theft devices can reduce your premium by 2-3%
Don't get anchored to events
There isn't an auspicious or special day for stock buying and selling
Principles of good investment don't change
But it can be hard work to find the right way to apply them as everyone else also knows these principles as well
This December, plan a budget holiday overseas
Booking in groups and buying forex now will help reduce additional expenses
There's method in madness
Even high-risk takers have a rigid adherence to a plan which is admirable
Research reports can stump you
Take note of aggressive ones, but don't base your investment decisions solely on these
Premiums in disaster-prone areas more expensive
For property coverage, one needs to buy riders
Mutual funds allowed to levy brokerage, transaction costs
Fund houses can levy with a ceiling of 0.12% for cash market transactions and 0.05% for derivatives dealings
Bajaj Allianz Life Insurance launches low ticket ULIP
Has various offers to cater to investors with varying risk appetite
Aviva Life Insurance launches an endowment plan
Product designed keeping in mind customers' need to build a long-term corpus while fulfilling short term financial needs
Reliance Capital launches portfolio SIP
Would give retail investors an opportunity to invest systematically in multiple schemes of Reliance Mutual Fund
Testing the fund manager
Allowing purchase of CDS to insure portfolio may lead to investments in riskier papers to spike returns