Money Today readers write back to the editor, giving their feedback on the coverage in the personal finance magazine.
I would like to thank
Money Today for publishing the cover on insurance highlighting the problems faced by customers while trying to port health covers
(Seeking New Company, July 2012). I was finding it difficult to port my continuity benefits to Apollo Munich and had been trying to do so for the past seven months. I had written letters to various officials of Apollo Munich and even registered a complaint with the Irda. However, nothing happened despite my efforts. But following the story, Apollo Munich has responded and resolved the issue.
SAMIR DAVE, Ahmedabad
(Samir Dave was a case study featured in the story)The story on unique stocks
(Worth of Singles, July 2012) gave interesting facts about stocks that have no peers in their business and are difficult to value. As the examples given show, such stocks have their risks and investing in them might lead to losses. Individual investors should ideally take the advice of professionals while taking a call on investing in 'singles'.
ABHIJEET SINGH, PuneThe analysis of mutual funds that have performed well in the past three years
(New Stars on Horizon, July 2012) to find a place among those funds having the highest ratings shows that with the right selection, investors can make money even when the market has not been performing. Mutual fund investments should be made with a long-term perspective. The better funds among the lot will surely ride out market cycles and help in making money for smart investors.
ADIL AHMED KHAN, HyderabadIt being the time when students go abroad for studies, the story on travel insurance
(Subject of Safety, July 2012) was timely. My daughter is seeking admission in an overseas institution to pursue a master's degree. After reading your story I will be scouting for the best insurance cover for her before she finalises her travel plans. In a foreign country, it is always better to have the backing of insurance rather than lose your peace and spend a fortune to deal with an emergency.
ROMIT BHATTACHARYA, New DelhiThere is indeed no dearth of choice if one intends to buy high-end apartments
(In the lap of Luxury, July 2012) . However, the need of the hour is to provide more affordable housing that can cater to the needs of a population of over one billion looking to settle down financially rather than building luxury apartments for people who have, in all probability, more than a solitary investment in realty. Builders, however, seem to prefer making luxury apartments. This is perhaps because the profits from selling a few units will still be more than what can be made from the sale of a large number of affordable homes.
VISHAL MENON, Chennai