As we are coming to an end of 2011, this is the time to reflect on the year gone by and the time to look forward for the New Year.
Archive for the ‘Personal Finance’ Category
Financial Resolutions to keep in 2012
December 29th, 2011 
Malvika 
Posted in Personal Finance 
Tags: Buying A Property, Car Loan, Commitments, Credit Card Debt, Debt Burden, Debt Equity Ratio, Down Payments, Emis, Equity Exposure, Financial Goal, Insurance Premiums, Personal Finance Management, Personal Loan, Prey, Scorecard, Sensex, System 1, Wealth Creation, Workable Budget, Year 2012 
Comments OffInvestment Advisor Vs Financial Planner
December 28th, 2011 Malvika A few decades ago, there was confusion with what sales and marketing are. People thought they are one and the same. But it is to be understood that sales is just an important ingredient of the functions of marketing.
Posted in Personal Finance Tags: Compounder, Confusion, Convenience, Decades, Financial Planner, Financial Planners, Financial Services, Functions Of Marketing, Insurance, Insurance Advisors, Investment Advisor, Investors, Marketing Sales, Medicine, mutual fund, Nbsp, Perception, Sales And Marketing, Stock Brokers, Terminologies Comments OffA Step by step Guide for Buying Resale Property
November 28th, 2011 Malvika A resale property:
Who does not wish to live in a house of their own? Buying a new flat will take a long time, so some of us may wish to settle for buying a resale property. However buying a resale property could involve many legal and other procedural requirements.
Posted in Personal Finance Tags: Apply For A Loan, Buying Guide, Good Real Estate, Hassles, Ideal, Lawyer, Lawyers, Localities, Long Time, Power Of Attorney, Procedural Requirements, Real Estate Agent, Real Estate Agents, Regard, Registration Payment, Resale Property, Safety Measures, Stamp Duty, Step By Step Comments Off7 Insurance Myths Debunked
November 26th, 2011 Malvika Planning for contingencies like death and hospitalization also forms an important part of financial planning. Buying life insurance provides for the living expenses of bread earners family in his absence on death.
Posted in Insurance, Personal Finance Tags: Buying Life Insurance, Contingencies, Contingency, Earners, Financial Security, Government Bonds, Hospitalization, Investment Decisions, Life Coverage, Living Expenses, Myth 2, Myth 3, Myths, Ppf, Premium Rate, Safety Mechanism, Saving Bonds, Term Policies, Untimely Death, Waste Of Money Comments OffA Layman’s Guide To Reverse Mortgage
November 25th, 2011 Malvika What is reverse mortgage?
Increased life expectancy has lead to the increase in the costs of living and medical expenses. This makes it difficult for many senior citizens that lack a regular income to live a life of dignity.
Posted in Personal Finance Tags: Bank Of India, Government Of India, Housing Loan, India State, Interest Costs, Layman, Life Expectancy, Lump Sum, Medical Aid, Medical Expenses, Minimum Period, Monetary Value, Price Fluctuations, Property Values, Reserve Bank of India, Residential Property, Reverse Mortgage, Senior Citizen, Senior Citizens, Union Government Comments OffA Step by step guide to choose a right mutual fund scheme
November 2nd, 2011 Malvika
“Models work when they are appropriate for the particular circumstance, but some of the best investment judgments over time have come when people recognized that models derived in other periods were broken or not directly relevant.” Abby Joseph Cohen
Investing in mutual funds seems interesting, with number of websites, TV and other finance and wealth magazines publishing various information.
Posted in Personal Finance Tags: Abby Joseph Cohen, Amp, Circumstance, Diversification, Investing In Mutual Funds, Investing In Stocks, Investment Objective, Judgments, Length Of Time, Liquidity, Mf, Money Market Instruments, mutual fund, Period Of Time, Principle, Right Choice, Securities Market, Stocks Bonds, Time Horizon, Volatile Market Comments OffGive yourself a financial check-up
November 1st, 2011 Malvika Every day we hear people talk about quarterly reviews of companies, the balance sheet, the result season, etc. If company reviews are so important, then why not the review of an individual’s financial situation?
Posted in Personal Finance Tags: Aspirations, Balance Sheet, Buying A House, Case Of Death, Circumstances, Death Death, Different Stages, Educational Expenses, Exact Idea, Financial Situation, Husband And Wife, Inheritance, Life Cycle, Medical Expenses, Member Of The Family, Personal Introspection, Quarterly Reviews, Regimen, Taking Stock, Turmoil Comments Off6 Financial Planning Misconceptions Demistified
October 25th, 2011 Malvika Let’s start the useful exercise:
Finance may mean different things for different people. Some assume that they need no financial planning as they have very little finances.
Posted in Personal Finance Tags: Accidents, Adequate Insurance, Ancestors, Contingencies, Dear Friends, Different Things, Financial Planning, Financial Resources, Financial Stability, Hard Earned Money, Hearty Congratulations, Hospitalization Expenses, Insurance Policies, Life Insurance Policy, Misconceptions, Myth, Myths, Notions, Rate Of Inflation, S Education Comments OffPowerful Financial Lessons from the Festival of Lights Diwali
October 25th, 2011 Malvika Happy Diwali; let us discuss fireworks, Diwali and great financial planning.
As we start our festivities of Diwali 2011, my mind went to the powerful lessons that Diwali taught us all.
Posted in Personal Finance Tags: Allergic Problems, Aspects Of Life, Bucket Of Water, Crackers, Dear Friends, Diwali, Excesses, Festival Of Lights, Festivities, Financial Planning, Fires, Footwear, Goggles, Modern Science, Momentum, Oise, Psychiatric Problems, Right Time, Using Fireworks, Vigilance Comments OffParenting To Raise Financially Smart Children
October 24th, 2011 Malvika “Someone’s sitting in the shade today because someone planted a tree a long time ago.” Warren Buffet
This quotation, it made me think that this is what children that were taught to be financially smart turned out as adults.
Posted in india, Personal Finance Tags: Basic Necessities, Consumerism, Countries Of The World, Developing Countries, Emi, Enjoyable Experience, Essence Of Life, Financial Decisions, Financial Management, Financial Priorities, Food Clothing, Learning Principles, Necessities Of Life, Personal Finance, Quotation, Setting Priorities, Smart Children, Smart Parents, Warren Buffet, Youngsters Comments OffCut Subsidies and increase tax to fund priority areas: Montek
October 22nd, 2011 Ziaulla Namani Subsidies must be cut and tax mop up has to increase to fund priority
areas of education, infrastructure, health and skill development in
the 12th Plan, Plan Panel Deputy Chairman Montek Singh Ahluwalia said.
Posted in Personal Finance Tags: Approach Paper, Banking System, Budgetary Support, Cabinet Ministers, Chief Ministers, Debt Position, Deputy Chairman, Distribution Losses, Education Infrastructure, Fiscal Deficit, Gross Domestic Product, Infrastructure Health, Montek Singh Ahluwalia, Power Sector, Priority Areas, Revenue Performance, Skill Development, Smart Card, Tax Revenues, Technology Initiatives Comments OffWhy investors are not making returns in the stock market?
October 22nd, 2011 Malvika In the last 10 years, sensex gas grown at 17.79% CAGR. That means, if someone could have invested Rs. 1 lac 10 years back, it could have grown to 5.14 lacs.
Posted in Personal Finance Tags: 10 Years, Albar, Behaviours, Cagr, Comparative Study, Dalbar, Dams, Equity Investor, Excess Rain, Gap, Important Facts, Investment Behavior, Investment Performance, Investor Returns, Lacs, Leading Financial Services, Market Research Firm, Mutual Funds, Natures, Stock Market Comments OffA Complete and Comprehensive Checklist for Buying Term Life Insurance
October 15th, 2011 Malvika A Complete and Comprehensive Checklist
for Buying
Term Life Insurance
Buying insurance for protection and wealth creation has always been a very complicated task involving careful analyzes.
Posted in Personal Finance Tags: 35 Years, Buying Insurance, Claim Settlement, Eye View, Financial Commitments, financial obligations, Indemnity, Insurance Policies, Insurance Sector, Insurer, Medical Examination, Motor Insurance, Period Of Time, Popularity, Term Insurance, Term Life Insurance, Term Life Policies, Term Policies, Term Time, Wealth Creation Comments OffIndia has more wealthy than Europe
October 9th, 2011 Ziaulla Namani India and China have overtaken European countries in the number of affluent households while the US remains the most prosperous country in the world, according to market research firm TNS.
Posted in Personal Finance Tags: 31 Million, Affluence, Affluent Households, Emerging Markets, Entrepreneurial Spirit, European Countries, European Markets, India China, Investable Assets, Investible Funds, Marketing Strategies, Personal Wealth, Precious Metals, Prosperous Country, Regional Contrasts, Singapore 20, Study India, Sweden Norway, Wealth Distribution, Wealthy Countries Comments OffDiscounts on the home loan this season
October 8th, 2011 Ziaulla Namani This festive season even the banks, like the electronics retail stores, are offering discounts on home loans.
Below are some of the schemes on home loan offered by the banks,
Dual rate scheme
Dual rate scheme fixes the interest rate for first few years and then changes it to the prevailing interest rate.
Posted in Personal Finance Tags: Bank Of India, Basis Points, Bps, Dena Bank, Dual Rate, Festive Season, First Few Years, HDFC, home loans, Icici Bank, Increase In Salary, Instalment Scheme, Loan Borrowers, Loan Scheme, Prime Example, Punjab National Bank, Rate Scheme, SBI, State Bank, State Bank Of India Comments Off
