Why buying a home insurance policy makes sense
Hello, readers! In this week's Personal Finance newsletter, we cover the importance of purchasing home insurance, explain why stock brokers are increasing their fees, and offer guidance on your mid-year financial review, and much more.
A home is the most valuable and cherished asset you will ever own. You've likely spent some of the best days of your life in it and sought comfort from it during tough times. Naturally, you want to ensure your home is protected from any damage or loss. However, mishaps still occur. Burglaries are not uncommon, even with the best security systems, as criminals often find ways to outsmart technology. Then there are natural disasters, which are beyond our control. Every year, the monsoon season can significantly damage homes. So, how do you safeguard your most significant treasure? The answer is home insurance. Surbhi Gloria Singh explains. Read here
Savings to expenses: What to do in your mid-year financial review
With the equity markets surging, most major categories of equity funds have delivered high double-digit returns year-to-date. While an annual review is usually sufficient, a mid-year review becomes advisable, especially in years when one asset class has far outpaced others. Besides investments, several other aspects of your finances should also be reviewed. Read Bindisha Sarang 's story here
Everyone pays the same fee: Why stock brokers will start charging you more
In a circular issued on 1 July 2024, market regulator Sebi announced that market infrastructure institutions, including stock exchanges, depositories, and clearing corporations, must levy uniform charges on stock brokers instead of the existing discounted charges based on trading volumes. Sunainaa Chadha explains why. Read here
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Business Owner at TKT home made mosla products
4 个月Great advice!