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...
As much as $2.8 trillion, or money almost equal to the GDP of India, was available to buy shares of Alibaba Jack Ma’s Ant Group last week, making the $34.4 billion IPO, which has now run into trouble with the Chinese regulators, hugely oversubscribed. Ant is a Chinese company that began life as an escrow account to facilitate...
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...
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...
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?...
Striking a balance between not doing enough and doing too much is tough for money, as it is with relationships. Do too little and a guilt nags at you each time you have a moment. Do too much and you sacrifice your today for limited future gains and life becomes about not living. I’ll leave...
#MoneyWithMonika: Asset allocation and checking your MFs’ performanceEven as the struggle against the Covid-19 pandemic continues, one of the biggest monetary lessons from the global ordeal has been to desist from taking knee-jerk reactions when it comes to investments and maintaining healthy asset allocation. In this respect, understanding and using mutual funds can be very...
Agents, firms and shareholders all make money on your destruction savings when you buy a bundled insurance plan