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Articles
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MEM brings you articles on financial planning,
investment and various other subjects that will
enable you to plan and provide for your financial,
investment, income and risk needs. These articles
by experts in their respective fields will help
you evaluate your own financial requirements better
and take more informed decisions. We hope by this
collection to add to your knowledge and deliver
a commitment from our side to inform and educate
our customers.
What
will the remainder
of the year hold
for us ? |
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| Now that
the budget has been announced,
how will this affect us
and what will be the changes
that we will see during
the remainder of this
year 2004. MEM takes a
look at how the economy
will unfold and hazards
a few guesses on what
we should be doing as
investors. |
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Mid-Cap
Equity Funds Evaluated |
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| We evaluate
some mid-cap equity funds
that have shown remarkable
growth during the boom
period and more importantly
have been able to do better
than the market indices
in the recent bear phase. |
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Pure
risk covers - Do
they make sense
? |
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| Does it
make sense to go in for
pure risk cover insurance
schemes ? It could if
you understand the importance
of providing risk coverage
for yourself. |
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Do
Mutual Funds actually
provide returns
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| While the
past one year has been
a boom period with most
mutual funds returning
exceptionally good returns,
the other periods have
seen moderate returns.
So are mutual funds really
worth while ? |
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Is
this the right time
for a Home Loan |
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| Loan rates
are at a historical low
and from all expert views,
they can only go up. The
best time to take a home
loan might be now. The
real estate markets have
also been moving up in
the past few months and
the growth and appreciation
in property values is
likely to continue over
the next 2-3 years. You
might just have a double-edged
advantage - low costs
and higher returns. The
home loan might be a good
option. |
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Buying
your car is easy |
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| Now the
availability of loans,
the extent to which finance
companies are willing
to finance your car as
well as the speed and
simplicity of processing
applications makes this
a very attraction option.
If you are looking at
a new car, an upgrade
from your present one,
or an additional one,
now is the best time to
take that loan. |
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Life
Insurance - Providing
risk coverage |
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| One of the
principal objectives of
life insurance is to provide
risk coverage for your
family. Life insurance
companies have been trying
to make insurance schemes
more attractive by also
combining them with savings
and providing returns.
We would however say that
taking risk coverage schemes
along with the savings
padded ones would be a
good method. |
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