Expense AccountFinancial LiteracyMintMoneyMutual FundsDecember 4, 2020by Monika Halan0Four money rules for gen Z to build a coming-of-age investment portfolio
The nephew has just begun to earn. The euphoria of the first salary. The joy of living at home and seeing almost the entire money sit warmly in the bank account. Checking every five minutes to see that indeed the balance reads what it did five minutes ago. But he is Gen Z and is...
Expense AccountFinancial LiteracyMintMoneyPersonal FinanceNovember 11, 2020by Monika Halan0Don’t buy into the distressed home sales story
The full-page ads are back. So are the stories in some parts of the media where “experts” are advising you to take advantage of the low interest rates and bargain basement prices to invest in real estate. The real estate corporate brokers are pushing the narrative of aisa mauka phir kahan milega (when will you get...
Consumer RightsExpense AccountFinancial LiteracyMintPersonal FinanceOctober 28, 2020by Monika Halan0The insurance regulator’s 70’s mindset is not serving the purpose in 2020
It is almost as if you can see the conflict: there is the desire to do the right thing by the customer, but the DNA of an institution that does not believe in consumer rights comes in the way. The insurance regulator is torn with this dichotomy, of watching its capital market counterpart take giant...
Expense AccountFinancial LiteracyMintMoneyMutual FundsPersonal FinanceOctober 14, 2020by Monika Halan0Three regulation changes that make mutual funds safer
The closer you examine the financial sector, the more you get to believe that parts of the industry believe that if there is a way to do something wrong, why do it the right way? Not for all the firms in the market, but a few aggressive ones. And these cause regulators to go on...
Expense AccountFinancial LiteracyLet's Talk MoneyMintPersonal FinanceOctober 7, 2020by Monika Halan0Spend less, save more and get financially fit
How to get rich. These four words tickle the aspirations of anybody who is not living in a cave having given up on maya or this world of illusion! The usual answers to this question deal with tips, some stocks, some real estate that is changing from agri to commercial very soon, some new crypto...
Consumer RightsExpense AccountFinancial LiteracyMintNarendra ModiSeptember 30, 2020by Monika Halan0The change we want is also the change we resist
Reform is always tough but reform built with good first principles will finally help the market grow and lift all boats. In one of my last conversations with R.H. Patil, the founder and managing director of NSE and one of the big names in the reform of the Indian capital markets, told me: “When you hear resistance to reform in the name of the poor, or the small guy, you know the other side is out of arguments and change will come." I hope this is as true of the agri-market as it has proved to be of the capital market.
Expense AccountFinancial LiteracyInvestmentsMintMoneyMoney BoxPersonal FinanceSeptember 23, 2020by Monika Halan0An off-the-shelf box of financial products needed
An average person needs between 10 and 15 financial products to manage the complexity of contemporary life. A few decades ago, when the government was the main employer and would guarantee returns, it was easy to just leave it to the government to fix your life if you were lucky enough to be in the...
Expense AccountFinancial LiteracyMintMutual FundsPersonal FinanceSeptember 14, 2020by Monika Halan0The small issue of making a multi-cap true to label
As an investor in a multi-cap fund, you could be feeling really confused about the uproar caused by the 11 September 2020 Sebi circular on making these funds more ‘true-to-label’. What happened is this: the circular changed the earlier rule of allowing a multi-cap fund to invest across market caps as they liked and has...
Expense AccountFinancial LiteracyMintMoneyMoney BoxMoney With MonikaPersonal FinanceSeptember 9, 2020by Monika Halan0Money With Monika: 6 Money Ratios for your fingertips | Corona Conversations. S 4 E 23
Money with Monika The Corona Conversations Season 4 Episode 23: 6 ratios for your financial life In @livemint The Covid-19 pandemic has forced people to ask some tough questions about their money life. How much should one be spending and saving? How much should one spend on EMIs? How much life insurance should one have?...