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Look beyond residential investment options

Everytime, I speak to an average property investor looking for investment opportunities, nine out of 10 chances are that he or she is in the market looking for residential options. Either it is a second home with scope for appreciation or it is an apartment with potential to rent. Sometimes it is just the neighbour’s flat two floors below!   For some of these investors, this preference for residential property may be part of a well-thought out investment strategy but for most it just happens to be the default option.   Why’s that? Largely because we all are comfortable dealing with residential real estate as an asset class. Typically , anyone looking to invest in another property would already own their present home and hence buying an investment with similar physical and commercial characteristics is just so much easier to deal with.   It is a fact that buying an office space or a retail store would not even cross the minds of most such investors. In fact, why even bother?   Well, th

What do you do to ensure peaceful retirement?

Retirement  is the time for enjoyment claimed one of the ads for Pension products. Yes it should be. But,  whether  it is actually that or it’s time to cut corners and count the coins, depends squarely on the actions prior toretirement of the individual concerned. Most people are not that concerned about retirement… but they should be. Retirement period these days are two to three decades. The corpus accumulated needs to be able to sustain for such a long period.  There are a whole lot of goals which take precedence as a rule – like a home, children’s education, vacation etc. These goals are important – but not nearly as important as planning for one’s retirement. General perceptions about retirement  : •    It’s so long into the future that we will look at it when the time comes. I want to enjoy life now. •    Retirement planning is taken care of by buying a few pension policies. •    I have pension and retirement benefits and that should take care of myretirement. •    I’m