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ULIPs are good instruments to invest in equity markets however like any other financial instrument it is important that the investor understands structure of ULIPs [More]
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A quick read to help you choose the best Car Insurance Plan for yourself depending on your car type and features that you must consider [More]
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Buying a life insurance plan has never been this easy. For the net savvy investors of today, insurance companies offer life insurance plans that are exclusively available online. These online insurance plans are easy to buy and a sure shot value for money. So you no longer need to depend on insurance agents or wealth managers.  You could get yourself a life cover at the click of the mouse.   What are Online Insurance Plans Online insurance plans, or sometimes also known as E- insurance plans are pure term plans that could be bought online only. These plans are characterized by muc... [More]
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Medical costs have been increasing by the day. From hospital expenses, to surgical costs, a medical emergency could bring about a sudden jolt not only emotionally but financially too. At such times of medical emergencies a health insurance plan is the best way to protect you and your family. It takes care of all medical expenses in case of an unforeseen illness/ surgery, thereby reducing the financial burden.   Reasons to Take a Health Insurance Plan A health insurance policy should be an integral part of your portfolio. For the premium that you pay a health insurance plan: - Covers... [More]
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Mutual Funds (MF) and Unit Linked Insurance Plans (ULIP) are two popular investment options available for investors. Distinctly different yet very similar in their functioning and structure, they offer investors an exposure to a market linked portfolio giving an opportunity to earn positive returns. So what sets them apart and what is similar? Here’s a quick look into both the options. What is Similar 1) Exposure to the capital marketMF as well as ULIP exposes investors to the capital market. So even if you do not have the expertise to invest in the market, with the various funds ... [More]
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Retirement years are fraught with many challenges. One of them is to meet the cost related to health care. Limited incomes, increased life expectancy coupled with inflated medical costs, may seem to be a concern for many. To ease such issue, it is vital to incorporate health insurance in your retirement plan. This would ensure unexpected medical expenses are met, without draining out the retirement corpus that has been saved.   Health Insurance- Start Early A sound retirement plan should not only build a retirement corpus but must also make provisions to take care of medical expenses ... [More]
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In today’s age where people are talking of equality among sexes, should Women’s Day be a cause for celebration? Does it mean that other 364 days are Men’s Day and Women gets to rule only one day? Starting from Mother Teresa to Indira Gandhi, Indra Nooyi to Sania Mirza or Ritu Kumar, the list of powerful women is endless but still women are treated as a weaker sex. Be it in office or maintaining the home, it is the woman’s responsibility to balance the two wonderfully. Women not only support their families psychologically, but also financially. And therefore, wome... [More]
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We teach our children the importance of having good manners, eating well and studying hard. Yet, somehow, we do not lay equal emphasis on financial matters. Why not? After all, children will not remain young forever. They will grow up, go out into the world, chase successful careers, raise a family, and more. A basic knowledge of financial matters and an understanding of how to manage their money will stand them in good stead in their later years. Parents today must realize the necessity of teaching kids about the value of money. Faced with children's constant demands, parents frequently turn... [More]
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Most people are confused about how they should plan their Life Insurance policies and what is the best time to start planning? To my knowledge, the best time to start planning for your Life Insurance is when you get your first salary or anytime after that. If money is a constraint, then one can start planning for the same part by part. Also, “wants” will always surpass the “needs” and hence Life Insurance will never be a top priority at least in the minds of the young! What is Life Insurance? In simple words, life Insurance is an instrument through which certain comp... [More]
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6 Tips for Planned Investment

Posted on 05 February 2013 by Rupanjali

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In economics, there is a concept called “Life Cycle Hypothesis”, which discusses that people plan their consumption and savings behaviour in the best possible manner over their entire lifetimes. In many ways, this theory explains why people incur high amounts of debt in their early years of earning an income despite lacking a strong financial backup. They do so because they anticipate a higher income at a later stage. This works very well for some people, but not for all. After all, if every individual followed theory faithfully, then the global debt crisis would not even have... [More]
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