Case study # 200725 – US NRI investment confusion

  THE CASE: We are in USA. My husband’s family is convincing him to make investments in India. For example, my hub mother asks him to do LIC educational plan. I am not on same page on that because we don’t know what’s going to happen in 20 years. I tell my hub to contribute […]

Know your Financial Risk Profile before investing

A risk profile is an evaluation of an individual’s willingness and ability to take risks. It helps during financial planning process to assess whether there is need to take risks or not. A risk profile is important for determining a proper investment asset allocation for a portfolio. Risk profiles are generally assessed in 5 categories […]

Why do RIAs charge fees?

The financial services industry is a rapidly changing professional environment. As the needs and desires of consumers change, firms engaged in managing money are also evolving. A registered investment advisor (RIA) manages the assets of individuals and institutional investors. He or she must be registered with the regulator in the jurisdiction where one is practising. In India, […]

Spiralling education costs can kill your savings

The fees for class of 2017-19 batch of IIM-Ahmedabad will be Rs. 21 lakh for the two-year MBA course. Laptop computer, personal expenses on boarding, travel, clothes and laundry are extra. https://www.iima.ac.in/web/pgp/apply/domestic/expenses This is 400% higher than what the B-school charged in 2007. If the fees of the management course continues to rise by an […]