10 financial mistakes you will regret at age 50

THE ECONOMIC TIMES Tue, Apr 12, 2016 | 09:32 AM IST ET Wealth Newsletter

WHAT'S HOT #TaxPlanning,#HealthInsurance,#TermInsurance,#TaxImpactCalculator

10 financial mistakes you will regret at age 50 Investing in insurance, choosing the wrong investment vehicle or putting money in dubious schemes are some of the mistakes you could commit. Five stocks to invest in now Although RoEs have fallen in all major markets over the past few years, a few companies have bucked the trend to report a steady expansion in RoE. Five rights of loan defaulters If you have defaulted on a loan, the rules don't give lenders a complete walkover. Here's what to bear in mind if you find yourself in such a situation. From our Partners Eight health insurance myths debunked A hospital exigency may result in breaking (through surrendering or exiting) one's existing investments to meet the expenses. This can be avoided if there is a health insurance cover. From our Partners 8 health insurance jargons explained The fine print of health insurance plans and the insurance jargon may cost you dearly. Here's an explanation of a few common terms used in health insurance policy for a better buying experience. Gadgets that are great investments ET lists devices that perform well over years and though they may be more expensive to start with, they are worth every penny in the long run. Why a permanent portfolio is a good option for passive investors A permanent portfolio allocates 25% each to equity, debt, gold and cash. Our 15-year study shows that it delivers returns comparable with equities and is best suited for passive investors. What students should know about personal finance The most important lesson to learn about money is that it is a limited resource and, therefore, holds an opportunity cost at all times. How to avoid common job interview mistakes JobBuzz.in reached out to 515 employers across different sectors to know where candidates tend to make mistakes during job interviews. From our Partners Why you should not avoid pre-policy medical check-ups Religare Health Insurance recently launched a product targeted at those wary of pre-policy health checks. From our Partners What you must know about taxability of life insurance policy payouts The general impression among people is that proceeds of life insurance policies are totally tax free.

Financial Calculators Tax Impact Calculator This tax calculator will let you know how your tax liability changes post-Budget 2016. Just input your personal income details and know how much tax would now be payable. Home Loan Refinance Should you refinance your home loan? Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It's that easy. More Calculators

Health and fitness not top priority for most people: Survey A recent survey has found that most people don't go for regular check-ups and prefer to visit the doctor only when they are unwell. Tax payers should demand closure of tax havens The Panama Papers has turned our focus to the murky world of offshore tax havens. While it is tough to trace all the money hidden away, we can start by demanding change. Here's a home loan closure checklist Make sure that all the original documents are recovered and are complete and received in good condition. Why you may need diabetes insurance Indians are extremely prone to diabetes, and it can sneak up on you at any time. Here's how you can be prepared for the expenses that come with the illness. How to register for mobile banking Given that the mobile phone is the most easily accessible and widely used device, it is convenient To carry out banking transactions through this medium Family Finances: Heavily invested in debt? Focus on equity for financial security "I'd like to know about investment tools that can help increase my wealth and ensure a comfortable living for my family." — D.V. Srikant How to cut tax outgo by revamping pay package, hiking tax saving investments Sudhir Kaushik of Taxspanner.com advises readers on how to restructure their income, investments and expenses to optimise their tax. Focus on growth, high margins make Emami analysts' top pick Due to a strong presence in under-penetrated segments, Emami is a better play in the mid-cap FMCG space. If risk is understood, credit quality is not a problem, Leo Puri: UTI Mutual Fund "Continuing to micro-manage the TER (total expense ratio) will have unintended negative consequences at some point", Leo Puri Managing Director, UTI Mutual Fund How startup TravelKhana offers food of choice to railway passengers TravelKhana now has 1,200 vendors on its platform. Impressed with TravelKhana's service, IRCTC, in a bid to improve overall passenger experience.

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