Abhishek Kumar in BW Businessworld

2024 (14)

• 6 Nov 2024
  Contrarian View: Volatile Markets Demand Flexible Asset AllocationAbhishek quoted · Mutual fundsOriginal at BW Businessworld: Contrarian View: Volatile Markets Demand Flexible Asset Allocation (opens in a new tab)

  Abhishek Kumar explained that asset allocation rests on spreading money across asset classes, and that holding assets with low or negative correlation lowers overall portfolio risk.

• 17 Oct 2024
  Balanced Life Cycle Fund In NPS: All You Need To KnowAbhishek quoted · RetirementOriginal at BW Businessworld: Balanced Life Cycle Fund In NPS: All You Need To Know (opens in a new tab)

  Abhishek Kumar explained where the new fund sits among NPS life cycle options and said it lets subscribers have their equity share adjusted automatically as they grow older.

• 16 Oct 2024
  Love to Shop Online? Consider Using a Pre-paid CardAbhishek quoted · Money managementOriginal at BW Businessworld: Love to Shop Online? Consider Using a Pre-paid Card (opens in a new tab)

  Abhishek Kumar said prepaid cards help people keep to a budget and avoid overspending when shopping. He added that they also work well as gifts, letting the recipient choose what to buy.

• 21 Sept 2024
  Falling Short Of Your Retirement Goal? Here Is What You Need To DoAbhishek quoted · RetirementOriginal at BW Businessworld: Falling Short Of Your Retirement Goal? Here Is What You Need To Do (opens in a new tab)

  Abhishek Kumar explained that judging a shortfall depends on estimating years in retirement, investment returns and inflation, and suggested investing across growth and income assets in line with risk appetite.

• 19 Sept 2024
  Inflation: The Quiet Culprit Behind Your Shrinking Buying PowerAbhishek quoted · Money managementOriginal at BW Businessworld: Inflation: The Quiet Culprit Behind Your Shrinking Buying Power (opens in a new tab)

  Abhishek Kumar described inflation as a hidden tax that shrinks future purchasing power, and suggested spreading money over equity, gold and bonds linked to inflation to keep pace with rising prices.

• 29 Aug 2024
  Teaching Kids To Be Money-wiseAbhishek quoted · Money managementOriginal at BW Businessworld: Teaching Kids To Be Money-wise (opens in a new tab)

  Abhishek Kumar said pocket money gives children a say in whether to spend or save, and that used well it teaches them early how money choices work, preparing them to handle money as adults.

• 17 Aug 2024
  Weather The Storm: Financial Advice for Post-Layoff RecoveryAbhishek quoted · Money managementOriginal at BW Businessworld: Weather The Storm: Financial Advice for Post-Layoff Recovery (opens in a new tab)

  Abhishek Kumar suggested drawing on fixed deposits first, then debt mutual funds, then partial withdrawals from EPF or PPF, with retirement money tapped after that. He also advised pausing SIPs while using emergency savings and refilling the emergency fund before restarting them.

• 4 Jul 2024
  The Smart Way To Build Your Nest EggAbhishek quoted · RetirementOriginal at BW Businessworld: The Smart Way To Build Your Nest Egg (opens in a new tab)

  Abhishek Kumar suggested building in a margin of safety when estimating a retirement corpus, by planning for higher spending, inflation and life expectancy and for lower investment returns, so that savings do not run out in later years.

• 2 Jul 2024
  Personal Finance Is Simple: You Should Keep It That WayAbhishek quoted · Money managementOriginal at BW Businessworld: Personal Finance Is Simple: You Should Keep It That Way (opens in a new tab)

  Abhishek Kumar said sticking to basics means building an emergency fund and buying term and health insurance early, and that simplicity then comes from investing first, in line with one's risk appetite, and spending the remainder.

• 21 Jun 2024
  International Yoga Day: 5 Personal Finance Lessons Yoga Teaches YouAbhishek quoted · Money managementOriginal at BW Businessworld: International Yoga Day: 5 Personal Finance Lessons Yoga Teaches You (opens in a new tab)

  Abhishek Kumar said yoga's calming focus carries over to money, helping people concentrate on what matters for building wealth over time and ignore the distractions that pull them away from their goals.

• 17 Jun 2024
  Now, You Can Get A Loan Against All Non-linked Insurance Policies: All You Need To KnowAbhishek quoted · InsuranceOriginal at BW Businessworld: Now, You Can Get A Loan Against All Non-linked Insurance Policies: All You Need To Know (opens in a new tab)

  Abhishek Kumar said the change would help policyholders who plan to pledge their life insurance policy for a loan. He also pointed out that these are secured loans, but a missed loan repayment or premium could cause the policy to lapse.

• 10 Jun 2024
  Planning For Retirement? Why You Should Consider NPSAbhishek quoted · RetirementOriginal at BW Businessworld: Planning For Retirement? Why You Should Consider NPS (opens in a new tab)

  Abhishek Kumar said investors should assess their liquidity needs for goals other than retirement before choosing NPS. He noted that NPS is a low-cost route but that partial withdrawals before retirement are restricted, unlike mutual fund redemptions.

• 7 Jun 2024
  Taming The Inflation MonsterAbhishek quoted · Money managementOriginal at BW Businessworld: Taming The Inflation Monster (opens in a new tab)

  Abhishek Kumar suggested pairing a base health policy with a super top-up plan that carries a deductible, as a lower-cost way to build a large health cover in the face of medical inflation.

• 20 May 2024
  How Much Money Do I Need To Retire?Abhishek quoted · RetirementOriginal at BW Businessworld: How Much Money Do I Need To Retire? (opens in a new tab)

  Abhishek Kumar suggested building a buffer into retirement estimates by assuming more for expenses, inflation and lifespan, and less for returns. He also said buying adequate health insurance early helps shield the corpus from medical costs.