SubScriber copy not for reSale
outlookmoney . com
8 904150 800027 0 3
March 2018 , ` 50
Talk Back
Too Much Focus on Mutual Funds
have been a long-time reader and like
I the recent turn of events — reinclusion of equity shares recommendations , and lessening focus on Mutual Funds and their promotional features ( though it is still higher
Making Money Work For The Millennial Woman p . 46
KalKi Calling
I had to work really hard after I left Anurag . That part of my life was all about cutting ribbons . It was so disorienting . p . 27
than preferred ). Outlook Money ( and Intelligent Investor in its earlier avatar ) stood on four pillars - investing , saving , spending , and retirement . Somehow this distinction has watered down over the years and mutual funds seem to occupy the bulk of your attention . You might want to re-evaluate this . Gaurav Mashruwala ’ s articles are great . Lucidly written and bring a smile . I like the point that celebrities help to get the point across better . There are some pillars of financially knowledgeable people and perhaps you could put them in one page and repeat them , so that a new reader gets a summary . Incidentally , I have learned some key lessons from Outlook Money over the years and I am listing them here :
■ Endowment insurance policies sold by insurance companies aren ’ t smart investments . You are better off separating the two – risks and returns . For ‘ risk ’ cover , buy a low-cost term policy . And for ‘ returns ,’ invest in mutual funds ( equity , debt or mix ).
■ Property is a highly illiquid asset . After the first flat purchase ( for self use ), the second investment in property needs to be really thought through . And given an option , go for a ready-to-occupy flat instead of an under-construction flat . It will cost more for sure but you will save yourself the risk of delays and non-completion .
■ Investing in gold – in the form of jewellery – isn ’ t a smart investment . ( When you resell , 10 – 15 per cent will be deducted for impurity / remaking charges .)
■ Keeping FDs ( fixed deposits ) with companies who promise a rate of interest better than bank deposits come with risks . When it comes to repayment , you will have a hard time getting the principal back .
■ For long-term wealth creation – and beating inflation – one shouldn ’ t ignore the stock market . Further , as a newbie in the stock market , you are better off investing through mutual funds than in specific companies shares directly .
Anil Karamchandani , Mumbai
Letters must be addressed to : The Editor , Outlook Money , AB-10 , Safdarjung Enclave , New Delhi 110029 , or letters @ outlookmoney . com . Please mention your full name and residential address .
Presented by
Editor Malini Bhupta
Senior Assistant EDITOR Priya Nair
ASSISTANT Editors Anagh Pal , Preeti Kulkarni
senior CORRESPONDENT Himali Patel
Correspondent Suyash Desai
Art Praveen Kumar . G , Vinay Dominic ( Senior Designers )
Rohit Kumar Rai ( Designer ) Girish Chand ( DTP Operator )
Photography Gireesh . GV ( Picture Editor ) Soumik Kar , R . A . Chandroo ( Photographers )
Tech team Raman Awasthi , Suraj Wadhwa
Business Office
Chief executive officer Indranil Roy
Publisher Vidya Menon
Assistant Vice President Tushar Kanti Ghosh NATIONAL HEAD Santosh Nair SR . GEN MANAGER : Mohan Sahasranaman
Digital Team Amit Mishra Sumit Srivastava
Circulation & Subscriptions
Raj Kumar Mitra , Anindya Banerjee Vinod Kumar ( North ), G Ramesh ( South ) Arun Kumar Jha ( East ) Shekhar Suvarna
Production General Manager Shashank Dixit
Chief Manager Shekhar Kumar Pandey
Manager Sudha Sharma
Deputy Manager Ganesh Sah Assistant Manager Gaurav Shrivas
Accounts
Assistant General Manager Diwan Singh Bisht
company Secretary & law Officer Ankit Mangal
8
Outlook Money April 2018 www . outlookmoney . com