Monthly Archive: May 2015

May 25

Financial Planning – Guess or processed Guess?

Financial planning :- ” A lot of my work with clients is about finding balance between 2 extreme approaches to financial planning. On one hand, we know people who tape their financial goals to their rearview mirrors to remind themselves of exactly what they need to do to meet their goals. And then there’s the …

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May 20

Gold Monetisation scheme and what you should know.

You would have seen today’s news about the Gold Monetisation Scheme and wondered whether it would be useful for you. Here’s what you should know about it: –Customers can bring their idle gold, and get it certified for purity from 350 Hallmarking centres. –You can open a gold savings account with a bank, which will …

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May 20

Why is money important to me ….

One question  Why money is important to you! ” The reason I ask my clients this question is because it helps us understand their values. Often, the process of asking “Why – Why is money important to me? Or Why have I been so anxious about money lately? Or Just why do I work so …

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May 18

Ability to beat inflation decides your retirement corpus

  I am 44, employed in a private company. My wife, 42, is a home maker. I want to take VRS, two years from now. Please suggest a suitable investment strategy. My employer provides group medical cover; I don’t have a separate health policy. Gopalakrishnan. If you invest your current corpus in instruments that can …

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May 11

Pharma stocks pause for breath

  Nalinakanthi  After the splendid rally witnessed over the last three years, pharma stocks have taken a breather now. The BSE Healthcare Index has shed almost 11 per cent in the last one month, higher than the 7 per cent fall in Nifty. Even as pharma and healthcare funds have managed to contain the downside …

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May 11

A financial plan for young couples

I am 27 and employed with the Central government; my fiancé works in a PSU bank. I have been provided health cover by my employer. Please suggest a plan to help me meet my goals. Mittal It is heartening that you want to plan for your goals early on. Since all your goals, barring the …

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May 04

A plan for doctor family.

  I am a 35-year-old doctor and have my own practice. My wife, 33, is employed in a hospital. We have a son and daughter aged 6 and 4, respectively. We have medical policy for ?5 lakh and term insurance for ?50 lakh each. We have taken children policy for their education and want to …

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