Page 6 - Karthik Jerome

Be warned: Restarting stalled vehicle in a flooded area magnifies damage

In such areas, engine protection, zero depreciation, and roadside assistance riders are must-haves

Children's fund: Lock-in is useful if you tend to exit amid high volatility

Before investing, understand the fund's portfolio composition, and whether it suits your risk appetite and horizon

Why investing in IPOs is risky and how you can make a safe market bet

Investors must exercise greater due diligence compared to secondary market investing

'Claim denied': Mistakes in health insurance that can give you heartache

Being aware of policy's exclusions and waiting periods is equally vital

Sectoral, thematic funds: Investors should avoid extrapolating past returns

Such behaviour leads to chasing funds that are past peak performance

Avoid mis-selling at banks, research before buying financial product

Rely on a fee-based advisor instead of bank relationship manager for investment advice

EV insurance: Ensure all-round protection for battery with add-on cover

Return-to-invoice, zero depreciation for major components are must-haves

Buy minimum Rs 20 lakh indemnity cover for protection against cancer

Supplement this with a fixed-benefit plan to manage ancillary expenses

Amid market volatility, it may be time to prune small and midcap exposure

Investors who can't set up and rebalance a diversified portfolio could consider hybrid funds

Avoid withdrawing more from National Pension Scheme than you need

When the subscriber reaches superannuation or the age of 60, 60 per cent of the total corpus accumulated in NPS can be withdrawn as a lump sum

Start with paper trading in derivatives, test strategy with small amount

Once you begin trading regularly, do appropriate position sizing, set stop losses, and learn hedging strategies

Want regular income sans credit risk? Invest after exhausting SCSS limit

Younger investors in wealth accumulation stage and those unwilling to lock in for seven years may steer clear

Financial stability, ethics: Key factors to consider in choosing a broker

Traders must look for a platform that is robust and cost effective

Invest in multiple single-factor funds with a 7 to 10-year horizon

Timing entry and exit in a single-factor fund is impossible

Investors need to exercise prudence after PSU funds' robust surge

Only high-risk investors should take limited exposure to these funds, provided they have a long horizon

Caution investors: Excess supply of properties could erode returns

The COVID pandemic sparked the desire among people to upgrade their homes both in terms of size and facilities

Retired comfortably: Old age homes that are worth the investment

Such properties are designed for the elderly and give them company and security

Five-year lock-in facilitates long-term orientation in retirement funds

Investors unlikely to withdraw during market downturns or for other needs may do without them

Choosing NPS fund manager? Seek consistency across the asset classes

Switch fund manager only if long-term performance lags the category average

Suffering from cardiac ailment? Apply for a customised insurance plan

These plans have limited sum insured, come with a waiting period, and require co-payment