Personal Finance

Many people in their 50s tell me "I wish I had met you 25 years earlier". Well, I now know many things which I wish I had known when I was young. I also know that there are people in their 50s who will have children and people in their 30s who will have younger…
March 21, 2018, 3:52 a.m.

If you are a shareholder of Icici bank, icici life insurance, icici should be worried about the long term prospects of this group. Not to say that the other groups are pristine white - but Icici is clearly the worst in terms of what they can do to your money.
March 20, 2018, 8:53 p.m.

Borrowing and lending are common in everyone’s life. Sometimes you seek money from your family and friends and sometimes you opt for a loan from banks to quench your current need.
March 20, 2018, 6:20 p.m.

The first thing you need to understand is that neither Visa nor MasterCard sets up interest rates, fees, etc. They are simply payment gateways that facilitate the transaction between your bank (the one which issues the credit card) and the merchant to whom payment is being made.
March 20, 2018, 4:59 p.m.

In life we are always held back by our beliefs. One man believes that he can climb the Everest and does it and another man believes he needs help to cross the road. Both of them could be the same age, but their beliefs are different. Remember what Henry Ford said "If you believe you…
March 20, 2018, 12:48 a.m.

Loans are no more a taboo. It’s no way that people will look at you with strange face when you say that you have a loan.
March 19, 2018, 6:03 p.m.

No this is not a falling market...but 10 years ago...i had RE-POSTED this. I do not know the actual date of this post. So what happens in a falling market..well here it is.
March 18, 2018, 3:56 p.m.

Who or what determines interest rates. Too many people think that it is the RBI decides where the interest rates should be. THAT IS WRONG. The RBI only determines the rate of interest in the over-night call market. RBI also signals the long term rates by issuing G-secs. However if the Rbi gets very ambitious…
March 17, 2018, 5:08 a.m.

Doctors are not trained at all in money management. So when the qualify they start earning and need to invest they really do not know where to turn. Here the problem starts. They forget that investing is a science too. Exactly like their profession. They think that somebody will come to them..and once they give…
March 16, 2018, 3:20 p.m.

One of the risks while in Retirement (and the main reason why SWP does not work) is 'Sequence of Return Risk'. This is the risk of the difference between finishing your corpus before you die (disaster) and leaving a nice fortune for your heirs (desirable but not necessary). So if you retired in say 1991…
March 16, 2018, 12:17 a.m.