Varun Shah can afford to buy a house immediately. However, he needs to wait to buy a car
Create a portfolio that can serve you for decades together
Single-income families need to keep more cash than double-income families, while entrepreneurs need to maintain even higher cash levels
They should be able to stop investing and also withdraw money from their investments whenever their cash flows decline
Buy it when you have an excess budget, as the standalone will also not come cheap, Kartik Jhaveri
Six factors to account for when you start the retirement plan
Kartik Jhaveri, director, Transcend Consulting, answers your questions
A Q&A on financial planning
A financial plan is all about putting in some financial discipline
Systematic investment and withdrawal plans can help build a corpus over the long-term
SIP in equities is not quite the same as doing SIP in a mutual fund
Business Standard held a Financial Planning Workshop at National Commodity and Derivatives Exchange
Kartik Jhaveri, director, Transcend Consulting, answers your questions
Dividing parts of your wealth among different advisors can make it difficult to keep track, and dilutes the focus of long-term planning
Couples need to sit down together, develop financial goals, and work systematically towards achieving them
For the wealthy, post-tax returns of debt funds would work out better
NRIs working in West Asia where citizenship is not given need a different strategy than those working in the US and Europe
A few steps you can emulate to select suitable products for your goals
Don't tinker with your long-term investment plan. But it is always better to make some critical changes, based on new tax laws and instruments