Expense AccountInvestmentsPersonal FinanceApril 9, 2014by Monika Halan0It’s sweet 16 for my PPF account
As i liquidate my PPF account, 16 years after I started it, much has changed. But am I glad I began investing when I did.
As i liquidate my PPF account, 16 years after I started it, much has changed. But am I glad I began investing when I did.
Use this bull run to begin your investment plan and not to buy the hot stocks that won. Sensible investing is the mantra and not jumping onto last season's winner.
Online sales is the way forward in financial products. But watch the insurance industry fight it back. Why would they want a more transparent system?
Stop thinking about the products to buy to get a high return. Construct your money box instead and fill it with sensible products.
Financial sector regulators need to be more like Captain Kirk than Mr Spock because markets are not perfect and neither are people machines.
We wait for the emergency to hit before we begin planning for it. Bad idea. Be the ant. Nothing stops you from being a cool ant.
Don't get trapped by the hot stocks in 2014 headline. Stay safe. Stay boring. And make money for the long term.
To take a great financial product and corrupt it takes a particular bent of mind. We're seeing it happen with the NPS in India.
Regulatory turf wars hurt consumers of finance. Mis-selling mutual funds by HSBC Bank fell in the cracks between RBI and Sebi.
RBI needs to wake up and smell the coffee. Banks need to be regulated when they sell third party financial products.