Sanjay Kumar

Steep rise in premium, poor claim experience? Consider porting your policy

Check for loopholes in coverage, like sub-limits, and evaluate whether you need to augment coverage through a super top up policy

Housing in tier-II cities: Assess job prospects, infra before investing

Tier 2 cities are emerging as attractive real estate destinations due to expanding employment opportunities

Align investment horizon with portfolio duration for short-term debt funds

While all investors should have some allocation to shorter-duration debt funds for portfolio stability, the exact proportion should depend on their risk appetite

Safety tips for crypto investors: Store long-term holdings in a cold wallet

Go with an exchange that offers security features such as two-factor authentication (2FA), withdrawal whitelist, and encryption

Rebalance your investments away from equities and gold in favour of debt

This review exercise must be undertaken to restore the portfolio's risk profile to its original level

Gold outlook: Buy on dips, temper return expectations after strong runup

Improvement in US GDP figures, easing of tensions in the Middle East, and stable or rising interest rates in the US are other factors that could hurt gold prices

Link UPI app to bank account having limited funds; set daily limits

Fraudsters also place fake QR codes over legitimate ones-on parking meters, donation boxes, etc. When users scan them, the payment goes to fraudsters' accounts

Buy more, hold, or sell? Let fundamentals, valuations guide decisions

High valuations are the primary reason behind the correction in mid- and small-cap stocks

Comfort in retirement: How to invest in a house in senior living facility

Decision to purchase such a property should be taken by researching costs, infrastructure, service standards

Avoid mediocrity: Galloway's guide to mastering career and finances

In The Algebra of Wealth, Mr Galloway discusses why everyone, from an early age, must strive to achieve economic security

Funding medical emergencies: Use credit cards and loans wisely, build fund

In India, out-of-pocket medical expenses are high. Many patients don't have a medical cover, while others have an inadequate amount

Bitcoin rally: Book partial profits, full exit unnecessary unless needed

Institutional interest in cryptocurrencies is up, as is evident from the increased volumes in Bitcoin and Ethereum exchange-traded funds (ETFs)

Child insurance: Waiver of premium can help secure education goal

These plans generally mature when the child reaches 18 to 25 years. Thus, their payouts are aligned to milestones like higher education and marriage

Non-disclosure of foreign property invites Rs 10 lakh penalty per year

Rental income from a foreign property is taxed under the head "Income from House Property". This income must be declared in the Foreign Source Income schedule of the ITR

Keep health cover comprehensive and contemporary by adding riders

Some base policies have restrictions, such as co-payment or room rent sub-limit. A rider can overcome these restrictions

After recent run-up, enter US-focused funds through SIP for 7+ years

While last year's earnings were concentrated among the seven major tech stocks, non-tech stocks within the S&P 500 have witnessed improved performance this year

Unnerved by volatility? Trim mid, small and sector fund exposure

Foreign institutional investor outflows from India in October exceeded Rs 1 lakh crore, a level not seen even during Covid.

Compare festive housing offers and resale rates to ensure authenticity

Larger reputed developers do not see much of a need to sweeten the deal since demand remains reasonably strong for them

How gig workers can start retirement saving early with equity funds, NPS

They should not overestimate their ability to extend their work life to make up for lower savings

Do you fear low credit score? Keep away from one-time loan settlement

If someone is nearing default, they must act quickly to avoid it, as recovery from default takes time