While rising life expectancy is considered a good thing, there is a financial risk involved. As people live longer, the monetary demands mount and it raises serious considerations about longevity risk. Longevity risk, the chance that people will live longer than expected, is potentially very expensive and has serious repercussions when planning for retirement. Outliving one's savings is frightening. In India, the average life expectancy was around 42 in 1960. It is now around 67 and 69 years ... Rediff.com, 2 days ago
In its 30 years, the state-owned Nandan multiplex in Kolkata had never seen what it has been seeing now: three newly released Bengali detective films playing back to back. As detective after detective untangled knotty crimes on screen, the long ...Livemint.com, 1 week ago
"Nobody should be buying a stock at a rate higher than its intrinsic (actual) value, because then you are looking at the greater fool theory to come into play -- that someone would buy it again from you enabling you to make a profit." At the Morningstar Investment Conference 2014, Parag Parikh, Founder & Chairman, PPFAS AMC Pvt. Ltd, shared his views in a panel discussion on value investing. Parikh is an expert on behavioural finance, a stock market veteran and an author. Here is an ...Rediff.com, 1 month ago
High volatility in the stock market coupled with falling inflation has brought back fixed deposits as an attractive investment avenue for the investors who are looking for fixed returns. Bank FD schemes offer guaranteed returns to the investors at the time of the maturity. A bank FD scheme is considered one of the safest investment avenues compared to other avenues of investments. You can avail loans of up to 75-90 per cent of the FD amount. Here are three ways in which you can get the most ...Rediff.com, 2 months ago
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