Prajna Capital - An Investment Guide

ALMOST 70% of Indians are worried about outliving their retirement money, yet only two out of ten full-time workers opt for a retirement plan, other than what is mandated by law. More than eight out of 10 Indians (80%) have done no retirement planning independent of any mandatory government plans, said the MetLife surveys — the study of international employee benefits trends and the sixth annual us study of employee benefits trends. Despite worries about funding a comfortable retirement or outliving their retirement savings, many fulltime workers in developing and mature economies, have taken few or no independent steps to plan for retirement. In India, the surveys said, “while almost three out of four employees (71%) say they are concerned about outliving retirement money, only one out of every three (35%) say they have taken steps to determine retirement need; only 20% say they have done actual planning for retirement.” The surveys further point out that while 80% employees in India ...

DON’T give out your credit card number(s) online unless the site is a secure and reputable site. Sometimes a tiny icon of a padlock appears to symbolise a higher level of security to transmit data. This icon is not a guarantee of a secure site, but might provide you some assurance. Don’t trust a site just because it claims to be secure. Make sure you are purchasing merchandise from a reputable source. Make sure the transaction is secure when you electronically send your credit card number. Do your homework on the individual or company to ensure that they are genuine. If you are making online purchase from a previously unknown seller, try to obtain the physical address rather than a post office box and a phone number. Call the seller to see if the number is correct and working. Do not buy from sellers who won’t provide you with this type of information. Don’t judge a person/company by their website. Be cautious when responding to special offers (especially through unsolicited e-mail). B...