Tax Saving Options

As the financial year draws to a close, tax planning becomes crucial. There are so many options out there, so to help ease your decision making, we have rated and compared the most popular schemes.

Risk Tolerance

Your risk tolerance is important when it comes to investing. Because after all, you must decide on how much risk to take when it comes to your investments and what’s also challenging about your risk tolerance is that it means different things to different people. If I’m investing Rs.2000, risk to some people means I lost everything. To other people, risk might mean that my Rs.2000 is now worth Rs.1800, and yet, a third way people might view risk is that I was expecting Rs.2000 to grow to Rs.2,200 and it only grew to Rs.2,100. So risk tolerance really can mean a lot of things to different people. But we want you to focus on a few things as it relates to your risk tolerance.

Do I need a health corpus when i already have medical insurance?

Can you depend on your health insurance policy to take care of all your healthcare costs?

Planning and taking care of healthcare expenses pre and post retirement is an important task as these expenses generally increase with age. To ensure this, adequate health insurance should be in place.

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Should you take a loan to cover an emergency?

Many have the habit of taking loans for investing and emergency needs. But, is this a wise thing to do? What are the risks and pitfalls?