Tag: personal-finance

HDFC’s equity MFs play catch-up in FY21, but will the gains sustain?

Prashant Jain, executive director and chief investment officer at HDFC MF, has traditionally been known for his bets on public sector undertakings and cyclical stocks....

Fully vaccinated and after a year at home, retirees are hitting the road — here’s where they’re going

Ellen Currie wants to go to Paris but she’s waiting until next year. This summer, she is staying closer to home. She plans to fly...

Pick sub-limits wisely as they can alter your health policy coverage

One of the key factors to consider before zeroing in on a health insurance policy is sub-limits. Sub-limits lower the insurance premium, but on the...

‘The core of NJ AMC’s offering will be rule-based products’

NJ India Invest, one of India’s largest mutual fund distributors, was granted a licence by Sebi to launch a mutual fund on 30 April. In...

Payments made to NRIs are subject to TDS

I bought a house in July 2017 by taking a home loan of ₹30 lakh from Axis Bank. In November 2020, I got the loan...

The jobs report reveals two very different Americas

So who was left out of the less-than-stellar jobs recovery? Getty Images The official U.S. unemployment rate rose again in April to 6.1% from 6%...

In your Will, add a guardian for minor children

A disturbing trend from the second wave of covid is the increasing number of orphaned and vulnerable minor children across India. While some minors have...

I have a ‘mundane’ First World problem: Should I buy a $30,000 bracelet during a global pandemic?

I have a mundane First World problem that may or may not warrant your attention. But I read your column and thought you could help...

I have crypto FOMO! ‘I’m too old to sit and hope I can make up for the lost time by safely investing my little bit of money’

Dear Quentin, I have about $20,000 saved currently. I believe I need about $10,000, or a bit less, for a six-month rainy day/emergency fund. I...

New rules about eating, exercising and sleeping as you age

Aging is a natural process that involves direct damage to cells and an accumulation of cellular waste, says Dr. Frank Lipman. Our ability to repair...

From stimulus checks and bitcoin to mask write-offs — read this checklist before the tax filing deadline on May 17

If taxes are a certainty in life, so are the people who wait until the last minute to file. Well, that last minute is getting...

‘Everything seems to go smoother when we’re together’: Companies dangle spa weekends and free meals to lure workers back to the office

Thomas Jepsen, founder of Passion Plans, a company that helps connect home buyers with architects and designers, is among the cohort of employers that are...

One culprit in the IRS backlog of 1.7 million tax returns? Broken printers and copiers, watchdog report says

Long-languishing 2019 tax returns and tardy tax refunds are being held up partly because of a shortage of working printers and copiers at Internal Revenue...

News and analysis for those planning for or living in retirement

From MarketWatch: Is it time to ditch target-date funds in your 401(k)?: Target-date funds are an easy way to invest a retirement portfolio, but when...

My friend set up a GoFundMe to pay for her sick pet, instead of getting a refund on our vacation. I canceled the trip. Who’s right?

I have a question about the etiquette and ethics surrounding GoFundMe. I had planned a vacation with a very old and close friend this summer....

Which is better for passive investors?

Passive investing is the most basic form of putting one’s money in mutual funds (MFs) and the purpose of this style of investment is to...

Pre-filled returns of income could prove to be a headache for taxpayers

In her budget speech, the finance minister announced that pre-filled income tax returns, which so far came filled in with details of salary, tax payments...

Compliances under GST for NRIs

Self-assessment mechanism GST functions on the concept of ‘self-assessment’ by which every registered taxable entity shall itself determine the tax liability under GST law and...

My ex-husband moved in. He pays $150 for cable, his only expense, and gives me the silent treatment if I ask him to pay for dinner

I got back with my ex-husband for our kids, thinking it would be better to raise them in a two-parent home. We had a bitter...

Why you can’t get 6-7% interest rate on your savings account

Some banks offer interest rates on savings accounts that can be as high as 6-7.25%. But there’s a catch. One, you will need to keep...

‘Life turns on a dime’: She donated $950 from her first stimulus check to a food bank — then received a cancer diagnosis

Almost exactly a year ago, Toi Cudworth looked around and realized she was one of the lucky ones. The San Antonio, Texas resident had a...

The elusive search for goat number 3

They rounded up three goats from the neighbourhood and painted the number 1, 2 and 4 on their sides. That night they let the goats...

A checklist to ensure your assets get passed on to the family easily

“As she was the legal heir, I asked her to arrange long-term statements of his bank accounts. We went through each transaction to check his...

We want moderate weather and live within an hour of the mountains and less than three hours to the beach — where should we retire?

My wife and I are 57 and looking to retire in five years. Here is what we are looking for in a locale: We will...

I’m a disabled police officer. My wife persuaded me to sign quit-claim deed so she could refinance our home at a better rate. Now she’s hinting at divorce

I have been married for almost thirty years. I worked the first nine years of our marriage, I was a police officer, and became disabled....