Monthly Archive: August 2015

Aug 31

Financial plan for NRI young couple.

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  August 30, 2015:   I am 32 and I have recently moved to the US. I am currently trying to find a job here. My husband, 35, is employed here with an IT company. My son is two years old. I wish to stay in the US for the next 10 years. My mother …

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Aug 24

Financial solution for a retired.

I am 52 and have opted for voluntary retirement. My wife, 49, who is employed, is eligible for a fixed pension of ?15,000. Her retirement benefits such as EPF will be minimal since we withdrew money recently for buying a house. My wife’s employer will cover hospitalisation costs, post-retirement too. Please suggest an investment plan …

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Aug 24

Markets are down, what i have to do.

Dear Friends,   Global markets are panic. Indian markets too down but there is no panic here.   Currencies across the world are falling,but Indian currency have shown its resilient.   Why?   Because only market in the world growing at 7 per cent is India.With commodities are down our currency reserves are at 14 …

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Aug 20

Don’t marry asset class.

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The Hindu recently newspaper carried a Press Trust of India news report on Mr. U. K. Sinha, Chief of SEBI.  The report quoted Mr. Sinha as saying that gold, over a 15- to 20-year-period delivered return of 5-6 per cent against 15 per cent delivered by equity. On reading the news item, one of my …

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Aug 17

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I am a 32-year-old bank employee. My spouse too works in the same bank. We have a two-year old son. Together, we save ?5,000 in RD every month. I plan to close the RD and start increasing investments in mutual funds. At retirement we are eligible for pension. We contribute ?6,700 towards EPF. Do check …

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