Page 5 - Your Money

World Savings Day: Save and invest before you spend, automate the process

Do financial planning to determine whether you are investing enough to meet your goals

Vehicle ownership transfer: Hand over only after submitting Form 29

Seller must ensure the vehicle remains insured during ownership transfer so that any liability is borne by the insurer, as per the Himachal Pradesh High Court ruling

Bank nomination rules amended to align with will, avoid disputes

For deposits, nominee shares should mirror the division in the will; for lockers, the order should match the will

Buy Now, Pay Later: Limit instalments to 10-15% of income, restrict usage

Those with multiple loans, irregular earnings, or poor repayment habits should avoid this form of quick credit

Tackling festive debt hangover: Repay high-rate loans on priority

Curtail new discretionary spending until existing EMIs are cleared; use secured loans to clear high-cost debts

MAAFs: Rebalance if allocation in portfolio has drifted significantly

Continue SIP if the fund has maintained its strategy and performance consistency, and continues to suit your goals

US trade deal may reignite interest in manufacturing fund segment

Only seasoned investors with high risk appetite and a long horizon should hold manufacturing funds within their satellite portfolios, say experts

Occupancy certificate delay: Buyers entitled to refund with interest

Buyers should turn to RERA or consumer forum to seek redress

Co-branded credit cards: Make sure your annual spend justifies the fee

Check whether reward points are easy to redeem, their expiry conditions, and brand-specific limits

Buy gold ETF with low tracking error and expense ratio, high liquidity

Bulk of gold investment for investment purpose should be through ETFs; limit jewellery purchase to personal use

Value funds help balance growth portfolios; invest with 5-year view

Those unable to withstand periods of underperformance may avoid these funds

Building healthcare corpus: Balance growth and liquidity, avoid lock-ins

Health insurance policies often exclude several expenses. Sometimes claims get rejected. Standoffs between hospitals and insurers sometimes lead to cashless facility not being available

Bull run in silver: Avoid large lump-sum bets after massive rally

In particular, one-time investments in silver ETFs, which are trading at high premiums, must be avoided

Property deals: Mismatch in sale value, TDS, returns may invite scrutiny

Quoting false PAN can lead to a penalty of ₹10,000 per default; wilful concealment can even result in imprisonment

Investors should book partial profits if gold allocation is over 10%

Instead of falling prey to FOMO and diving in headlong, new investors should enter gradually and with a long horizon

Indian investors remain risk-averse, Sebi urges diversified portfolios

Sebi's 2025 survey finds most Indians prioritise capital preservation; experts say align risk with time horizon and personal comfort level

Asset split in divorce: Courts presume equal ownership of joint assets

They increasingly recognise the wife's non-monetary contributions such as homemaking and childcare when dividing assets

Fixed-income investments: Look beyond returns, weigh credit risk, lock-ins

Ladder investments across tenures to manage reinvestment risk, maintain liquidity, and balance returns amid falling interest rates and limited fixed-income options

Rupee weakens vs US dollar: Diversify into global funds, gold to hedge risk

Doing so is crucial for those who have dollar-denominated goals, like a child's education abroad

Hike in IPO financing limit: Maintain quality amid easier funding access

This short-term loan enhances the probability of allotment in oversubscribed issues, but also magnifies losses