Fine Investments

Why do we have to keep revisiting our Goals ? Courtsy Nj India Invest 1. There is not just one finish line, there are multiple goals to be achieved during a lifetime, and you'll be simultaneously running for all of them. And 2. The life goals, unlike the finish line, they aren't constant, as you move towards them they'll drift a little further, not necessary in the north. So, resting on the above attributes, we arrive at:  Goal Setting is not a once in a lifetime process. It is an ongoing affair, you need to revisit and review them time and again. Having said this, why aren't our goals fixed? why do we need to revisit them repeatedly?, often comes into the investor's mind. So the following paragraphs will explain the reasoning behind the constant motion in your goals. Firstly, your  lifestyle exercises a significant impact on your goals . Let's assume, you are working in a junior management grade in a company, and you feel Rs 1 crore will be enou...

What is critical illness? Critical illness means life threatening disease like Cancer, Kidney failure, Major Organ Transplantation, Paralysis, Coma, etc. Critical Illness is an insurance product in which the insurer has to make a lump sum cash payment if the policyholder is diagnosed with any of the specified illnesses. Why do I need Critical Illness? ·          Survival benefit:  If the insured person suffers from certain specific critical conditions then the insurance company provides a lump sum, tax free payment to a policy holder. The policy holder needs to survive a minimum number of days from when the illness was first diagnosed which can also be called as Survival period. ·          Cost of critical illness is very high:  Cost of critical illness is very high. There might be possibility that cash to pay for medical treatments are not covered by your health plans. So you might need...

What are your goals for your post Retirement Life? Pursuing all the things you wanted to but could not do over the last three or four decades, for there was no time. Learn guitar, knit socks for your grand kids, go for beach holidays, chill with your childhood buddies, make Pinnis for family, explore your spiritual side, do yoga, gratify your philanthropic spirit. But wait, have you saved enough for your goals? Will you have a corpus big enough to accommodate your wishes? No! Then who is going to pay for the beach holidays, the guitar class? Your Kids? All the best in that case!

How to manage money when in your thirties Posted by:  Uma Shashikant on Jul 02, 2018, 03.47 PM IST By Uma Shashikant   This week’s story is about a 35-year old friend, who wants to be in charge of his money, but is not sure how to go about it. That middle stage after working for about 10 years is a challenging one for many. When the elderly speak of “settling down”, the young shrug it off. There is no stereotyping one’s money journey. At 35, some may have risen to be CEOs; some would have founded a potentially big business; some chosen a second profession and made  progress; but this story is about the others, who have to make do with what they have, and still feel good about it.  Not all of us find our calling; or end up with jobs we love doing. Our friend is an engineer, who found work at a large firm. He then worked hard to keep his job and earn a good performance rating. In the large group of thousands of engineers, he did not know what his  ca...