Category: IndiaInvestments
-
Illusion: When Reality Becomes Fiction
The content discusses the balance between investing for the future and enjoying life in the present. The author argues that while it’s important to invest and safeguard against future calamities, overemphasis on investing can lead to regret and missed opportunities for enjoyment. They criticize financial influencers who advocate extreme measures, such as foregoing all non-essential…
-
Overlooked Sinking Fund: Bangalore Apartment Purchase Essential
The cost of owning an apartment in Bangalore, especially older ones, is often overlooked. The Sinking Fund, collected for emergency purposes, is often misused leading to high costs for apartment owners. Older apartments in Bangalore, registered under KAOA Act 1972, lack proper oversight and dispute resolution bodies, unlike Maharashtra. Before purchasing an older apartment, buyers…
-
Upgrading CGHS: Alternative Health Insurance Options
The Central Government Health Scheme (CGHS) provides comprehensive health coverage to central government employees, with access to top hospitals like Fortis and Apollo. However, to ensure complete protection, some suggest supplementing CGHS with a 10L basic health insurance cover and a 90L super top-up. Niva BUPA Assure plan is recommended, as reimbursement from two sources…
-
HDFC Ergo: 35% Premium Surge After Policy Upgrade
The user shared their experience of a significant increase in premium for HDFC Ergo’s health insurance policy, from 34,024p.a to 46k, due to the discontinuation of their previous policy in favor of Optima restore. They expressed concern about future increases in premiums when their mother turns 60. The user sought advice from the community regarding…
-
Boosting Mutual Funds in ’25: Seek Portfolio Enhancements
The content discusses an individual’s plan to increase their monthly mutual fund investment from 72k to 2L in the fiscal year ’25. They seek advice on their current portfolio’s balance and potential changes to optimize returns or manage risks. They have been investing in this portfolio for 2-3 years, with investments spread across various funds,…
-
37-Year-Old’s FD-Only Portfolio: Diversification Help Needed
The individual expresses concern about their financial situation, having invested primarily in fixed deposits (FDs) which have not kept up with inflation. They express a desire to invest in property but have not yet taken action. They seek advice on investment options for wealth creation and express a fear of being too late to start….
-
Brother-in-Law’s 60L Investment for Regular Income
Your brother-in-law has Rs.60L to invest for decent regular returns. He is considering REITs, fractional investments, or buying land but wants to avoid stocks due to existing investments in Indian and US markets. He could explore bonds, such as Sebi registered bonds on platforms like Wint Wealth, which could yield a monthly cash flow of…
-
Brother-in-Law’s 60L Investment for Regular Income
The individual’s brother-in-law has recently sold company stock worth Rs.60L and seeks investment options in India for decent regular returns. He is not interested in stocks due to existing investments in Indian and US markets. Potential investment options suggested include REITs, fractional investments, or land purchases. Other suggestions include SCSS scheme, senior secured bonds on…
-
Investment Strategies for 1.5 Crore Capital
The individual is planning to sell a shared property and anticipates receiving around 1.5 Cr from the sale. They are considering either buying a new house with the entire amount or purchasing a flat for around 70 Lakhs and keeping the rest as backup money. The individual’s father suggests buying a villa, but they believe…
-
Error-Caused Deduction: Seeking Claim Advice
The insurance company made an error in processing the first claim, overpaying the policyholder due to not applying the 50% copay as per the policy. Now, they intend to recover the overpaid amount by deducting it from the second claim. The policyholder has not been provided with a detailed explanation yet. The insurance policy is…
