Investing merely on the basis of past return can land you in trouble even in debt funds, a supposedly safe asset class, suggests Sarbajeet K Sen.

Before you invest, check the fund manager's track record in managing such a strategy, asserts Sarbajeet K Sen.

Postpone the purchase of big-ticket consumer durable items, recreational spending on holidays, and other such expenses unless your financial position is very secure, advises Sarbajeet K Sen.

'Avoid going overweight on gold. But maintain a 10 per cent allocation via sovereign gold bonds,' Bajaj Capital MD Sanjiv Bajaj tells Sarbajeet K Sen.

Instead of getting swayed by market gyrations, investors must stay invested for the long term, advises Sarbajeet K Sen.

Quant funds have a very short track record, and have underperformed so far, reveals Sarbajeet K Sen.

Only investors who understand the significance of ESG investing should enter these funds for the long term, advises Sarbajeet K Sen.

'Gold could benefit from the resulting risk aversion, as happened last year.'

Investing in unlisted shares is not difficult. At any given point, many investors and employees are willing to sell their holdings because they need money. Buyers can negotiate a price with them, suggests Sarbajeet K Sen.

If you plan to invest in an FD, go for the 12-15-month tenure. This will allow you to redeploy maturity proceeds at higher rates (if rates rise), advises Sarbajeet K Sen.

in the longer run, there is no substitute for a standard term, accident, and a comprehensive health cover, with adequate sum insured that will give you round-the-clock and year-after-year coverage.

It is advisable to avoid a fund until it develops a track record.

If you invest for the shorter-term now, you will be able to roll over to higher rates when the interest-rate cycle turns, advises Sarbajeet K Sen.

Is the latest mobile or car or a house the goal? If so, the savings and investments should be aimed at catering to it. The amount needed has to be worked out, and money needs to be saved, accordingly, suggests Sarbajeet K Sen.

The benefit offered under small-ticket insurance may not be huge, but it is better to have cover, suggests Sarbajeet K Sen.

'It is advisable to invest in them early in life and stay invested for a longer period to achieve long-term goals and accumulate wealth.'

'Opt for this facility only after doing a cost-benefit analysis: Will the savings in interest cost by parking your surpluses in the home loan overdraft account outweigh the higher interest cost of this loan?'

A Codicil is a document created by the testator to make changes to an existing will, points out Sarbajeet K Sen.

Even investors with sums as low as Rs 1,000 per month can start their investment journey.

While there is easy access to money, the flip side is the high interest rate and processing fees, points out Sarbajeet K Sen.