Sanjay Matai, The Wealth Architects

The Most Authentic Guide on Personal Finance and Investments


Words of Wisdom : "The man who does not read books, has no advantage over the man who cannot read them." ~ Mark Twain

Thou Shall NOT BUY Life Insurance...

Lesson No.1: Life Insurance Policy is NOT an investment

Lesson No.2: Life Insurance Policy is NOT a tax-saving product

Lesson No.3: Life Insurance Policy is NOT a lottery

Then, what is Life Insurance?

Pot Of Gold At The End Of A Rainbow

There’s an old saying that you will find a pot of gold at the end of a rainbow. This may or may not be true. I guess those who love adventure can give it a shot.

However, there is definitely a pot of gold — in fact many pots of gold — at the end of a financial rainbow.

How To Write A Will (Without A Lawyer)

I am sure you would like to see your near and dear ones CONVENIENTLY inherit your property, money and other assets with minimum fuss, expenses and paperwork.

I am sure you would also like to see this happen AMICABLY. You wouldn't want them to get into any disputes or disagreements and finally end up in court.

If that be so, you must write a Will. The process is quite simple and straightforward.

When Should One Sell One's Mutual Fund

Just as it is important to choose your mutual fund carefully before making the investment, it is equally important to take informed decision when it comes to selling it.

Selling just because the markets are falling; or because you want to book profit; or because you want to invest in a forthcoming new fund offer, etc. are all knee-jerk reactions. This will, more often than not, only bring harm to your mutual fund portfolio.

Hence you must follow certain rules in taking the final decision to sell.

SEBI Chairman's Speech At The AMFI Mutual Fund Summit

Last week, the Association of Mutual Funds in India (AMFI) held its annual Mutual Fund Summit.

The objective of this year's summit was to "define the roadmap for the industry with key focus on customer expansion and ease of doing business by leveraging on digital technology".

Shri Ajay Tyagi, Chairman of SEBI (Securities and Exchange Board of India) inaugurated the Summit and presided as the Chief Guest.

Listed below are the salient aspects of his speech delivered at the aforesaid Summit.

Beware! Banks May Be Trying To Fool You.


Open any newspaper today and you are likely to be bombarded with many ads from banks soliciting you to invest in their Fixed Deposits.

Each one is trying to out-do the other by offering very lucrative interest rates.

This competition is definitely good for the investors. However, in their anxiety to appear superior, some banks are resorting to ads that border on being unethical. This is unfortunate.

Endowment Insurance Or Sukanya Samriddhi: The Right Choice?

If you had to choose an absolutely safe, tax-free and long-term investment for your daughter's marriage or education, would you choose an Endowment Insurance Policy or the Sukanya Samriddhi Scheme?

Obviously and undoubtedly, Sukanya Samriddhi Scheme!

Listed below are many reasons why the choice is a no-brainer at all.

You Learn A Lot By READING... And Even More By SHARING.

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Ignorance is like a SIGNED BLANK CHEQUE... anyone can MISUSE it.

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MUST READ Posts - Sep'18

a. Inflation, Interest Rate and Raghuram Rajan's Dosa Economics
Inflation and Interest Rate Link
Is inflation 'rapidly' squeezing the purchasing power of your money?

 


b. Term Plan Lump-sum Vs Staggered Payout: And The Winner Is...
Term Plan Payout Lumpsum or Staggered
The fight between Lump-sum and Staggered Payout on Term Plans is one-sided.

 


c. How Health Insurance equals Wealth Insurance
Health Wealth Insurance
Is your wealth properly secured against the risk of health issues?