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- Taking care of parents in their old age is not just a financial but also an emotional issue. You can't ignore either. Lastly, how you deal with your parents' retirement will be a learning experience that you can use to plan your own retirement.
- Retirement can be an ideal opportunity to relocate to a more peaceful place that is affordable and has favourable weather. However, leaving the big city can be rather difficult if you are used to its many unique conveniences. We suggest a few cities that will give you the best of both worlds.
- For investments in equity or stock market, overseas Indians will have to open a savings bank account, a Portfolio Investment Scheme account, along with demat and trading accounts, writes Overseas Indian Facilitation Centre CEO Sujata Sudarshan.
- Wealth planners say building an equity portfolio intelligently throughout the working life is the key to amassing a big retirement fund. Those who are retiring in 30 or more years should keep at least 50% funds in equities. This should come down over the year.
- As the fund size of the EPF increases, it will be forced to invest in equities, EPFO Commissioner KK Jalan tells Money Today.
- Over the last few years, many developers have launched projects to capitalise on the demand from people looking for homes in the land of their deities. Investing in such properties for long-term gains is not a bad idea.
How to calculate the EMI on your loan
Confused if your lender is charging you a fair amount as EMI? Money Today tells you how to calculate your instalment so that you can cross-check that with what you have been paying per month.How to get errors in credit reports corrected
Errors in credit report can hamper your chances of getting loans. Let's see the kind of mistakes that can creep into your credit report, which has become your financial 'character certificate'.Looking to take a loan? Here are the top offers
Are you scouting for a loan to buy a house, a car or for your child's education? Here are the best deals on offer from public and private sector lenders.
Experts share outlook on industry metals in coming months
Base metals have been dancing to the tune of global forces. Under pressure in the first six months of the year, they staged a sharp rebound in July. Money Today talks to experts to gauge how the market is likely to play out in the next few months.
Money Today experts answer your personal finance queries
Money Today experts answer your personal finance queries -
Health plans by banks work well for those with high risk
Insurance from banks might be the economic option for those who have to pay higher than normal for a health plan. This includes those who have a pre-existing condition, fall in the higher age bracket or miss having the benefits of an employer's group health plan.How to avail fringe benefits of your insurance policy
Ask any financial planner and he will tell you how you have erred by buying an endowment insurance plan instead of a term plan, a pure insurance product. However, all is not lost. Here's why.
Tips to invest in auto stocks amid current slowdown
Market analysts say the industry is likely to remain under pressure till the current economic slowdown, compounded by high fuel prices and interest rates, persists. Here are a few tips to weather the storm.Rally in IT stocks to continue for some more time
Experts say one should buy gradually through a systematic investment plan, as IT companies provide a hedge against falling rupee and poor performance of the domestic economyDespite gloom, value exists in present stock markets: Sandesh Kirkire
What would be needed is long-term investment horizon and calibrated investments to mitigate short term volatility, says Kotak Mutual Fund CEO Sandesh Kirkire.Stock watch: Ajanta Pharma among top gainers in past 6 months
Ajanta Pharma is among the top gainers in the past six months with return of over 45 per cent.
Cities with modern rail systems a good option for realty investment
Indian cities, struggling with expansion amid the huge influx of people, are working overtime to improve their transport systems. Many are betting big on modern monorail and metro rail networks.
Your parents' retirement corpus is as much your concern as theirs
It is a different financial landscape today with a wide array of investment options for retirement planning coming into the market, writes Money Today Executive Editor Sarbajeet K Sen.
Money Today readers share their feedback on the magazine's coverage
Money Today readers share their feedback on the magazine's coverage -
Recent rulings in personal finance sector to affect your investments
Recent rulings in the personal finance sector to affect your investments-How Irda's insurance repository has come to your rescue
If you are worried about safekeeping of your insurance policies, the Insurance Regulatory and Development Authority's insurance repository will come to your rescue.How RBI steps on lending against gold affects NBFCs
Now, you have to furnish your PAN for availing of any loan above Rs 5 lakh from gold loan companies. Besides, any loan above Rs 1 lakh will be disbursed only through a cheque.Is the real estate market headed for a crash?
Analysts say property prices will remain under pressure for some time but are bound to rise in the long term. The shortage of housing in urban India supports their assessment.
Value for money gadgets: Toshiba Satellite P50, HTC Desire 600 and more
Starring: Toshiba Satellit P50, Sony Cybershot RX100 II, HP Elitebook Revolve, HTC Desire 600 and Sennheiser Momentum.
What the investors should learn from NSEL crisis
If someone promises easy money, there must be something wrong somewhere. Investors must seek complete clarity when any product promises to give high returns for very long periods.
BNP Paribas Midcap has fallen only 7.56 pc compared with category's -14.61 pc
BNP PARIBAS MIDCAP has fallen only 7.56 per cent compared with the category's -14.61 per cent.Banking funds likely to gain from Fed decision to continue liquidity infusion
Banking funds which shed close to 6 per cent in the one-year period are likely to get a boost from the US Fed decision to continue liquidity infusion at same pace.
