With the employment market flush with wellpaying jobs, it’s not uncommon to see youngsters taking home hefty pay packets these days. While sky seems to be the limit for disposable incomes, the major chunk goes into spending rather than investing.  
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It is not possible to completely remove risk from our life. Risk is a product of our actions and some accidents. For example, a person decides to trade in shares. And the market falls as soon as he purchases shares.  
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Resolutions and the New Year go hand in hand. We love to believe that the magical power of the new dawn will give us the strength to achieve things that otherwise we wouldn’t have pulled off on a mundane day.  
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Mumbai: If you’ve been banking on the insurance cover that came free with your credit card, its time to evaluate that. Most credit cards offered by banks no longer have a free insurance (life or non-life) cover and many customers may not have read the fine print to realise that they no longer have insurance protection.  
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It was a roller-coaster ride for the Indian equity market in 2007 with the sensex swinging from a low of 12,000 to a high of 20,000. But investors are a confused lot on what to look for in 2008 as far as investment decisions and building portfolios are concerned.  
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If you get rejected by a life insurance company for cover, chances of another company offering you a policy is very unlikely. This is because the Tariff Advisory Committee, under mandate from the Insurance Regulatory and Development Authority, is maintaining a database of all risks that have been rejected by life insurance companies.  
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