Tips to Prevent Credit Card Fraud

Credit cards and debit cards provide a lot of convenience. You no longer have to carry currency notes to make any purchase. With so many online shopping portals around, you may not even have to leave confines of your home to make a purchase. However, credit and debit cards come with a lot of responsibility… Continue Reading

7 Mistakes to Avoid While Investing in Mutual Funds

In this post, let’s look at some of the common pitfalls about investing in mutual funds. 1. Mutual Fund Means Equity Mutual Funds. Many of us get attracted to mutual funds during periods of bull run in the equity markets. We are attracted to high returns of equity funds. Therefore, for many of us, mutual fund… Continue Reading

You Do Not Need Life Insurance During Retirement

Ramesh is 45 years old. He has read enough about importance of purchasing an adequate life cover. Till now, he has relied on traditional life insurance plans for life insurance. He had never given any serious thought to purchasing life insurance. Even these traditional life insurance plans are more a result of hectic tax-planning than… Continue Reading

Reverse Mortgage Loan

When you retire, the routine of a hefty salary credit to your bank account at the beginning of every month comes to an abrupt end. You have purchased a pension plan but that pension is merely a fraction of your last salary. Inflation seems a much bigger demon now. The ability to recover from unplanned… Continue Reading

Do You Have These Insurance Plans in Your Portfolio?

Why do we purchase insurance? Well, the answer is simple. You purchase insurance to guard against the impact of a particular event on your family’s finances. That event could be death, illness, disability or damage to expensive belongings. You don’t insure your pen or clothes but you insure your car.  Why? This is because loss… Continue Reading