posted by Sreekant in Do You Know? (DYK), Financial tip of the week, Insurance, Sreekant's scribbles on 15/11/2011
Do You Know #8: You can retain the No Claim Bonus when you sell your car. Consider this. You have owned a car or two wheeler for five or six years now and maintained it like your child. You drive it so carefully (and have been lucky too, as there are millions of others on [...]
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posted by Sreekant in Financial tip of the week, General, Sreekant's scribbles on 08/10/2011
They come in all shapes and sizes: Financial advisor, consultant, planner, relationship / wealth / portfolio manager etc. Financial consumers seem to be totally at sea on how to spot a good advisor? What qualities make a good advisor, what to expect from them and how to judge him? Well, there cannot be any one [...]
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posted by Sreekant in Borrowings, Credit cards, Do You Know? (DYK), Financial tip of the week, Sreekant's scribbles on 29/09/2011
Do You Know # 6: Cash withdrawal on credit cards incur interest from day one. Credit card transactions usually enjoy a free credit period of maximum 50 days (20 days from the end of the billing cycle of 30 days) provided you have settled your earlier dues in full without rolling over credit by paying [...]
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posted by Sreekant in Banking, Economy, Financial tip of the week, Investments, Sreekant's scribbles on 26/07/2011
Well, I am surprised and almost shocked. The reserve bank of India (RBI) has raised interest rates again today in its first quarterly monetary policy review, by 0.5% (50bps) this time. I am surprised not because they did it but by the magnitude of the increase. The central bank has now raised the interest rate [...]
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