About Donald Gonsalves

Founder of SimplePath® and a regular contributor to the website's blog, Donald brings with him more than a decade of experience working as a consultant for financial planning and insurance. Send your questions to donald@simplepath.in
  • Pitfalls of Buying Gold Coins from Banks

Buying Gold Coins from Banks: Pitfalls and Challenges

By |2024-04-03T08:34:12+05:30November 20, 2023|

While the appeal of physical Gold Coins from banks may seem compelling, hidden pitfalls often overshadow their glitter. Higher costs, limited liquidity, and the absence of a buyback assurance can trap investors in a cycle of uncertainty.

  • Could You do Investments for Your NRI Son

Could You do Investments for Your NRI Son?

By |2023-11-18T11:55:40+05:30November 19, 2023|

As a power of attorney holder, you're authorised to handle the sale of immovable properties for your NRI son, given that the power of attorney is explicitly designated for those specific properties.

  • Banks may to Host NRI Week in Jan 2024

NRI Week in January 2024 to Foster Investments & Address Concerns

By |2024-04-03T08:32:14+05:30November 18, 2023|

The proposed NRI week in January not only signals the Indian governments commitment to engaging with the Indian diaspora but also underscores the growing confidence in India's financial landscape. The dedicated NRI week in January, coinciding with the highly anticipated Pravasi Bharatiya Divas in January 2024.

  • Guide to Opening an NRI Bank Account

Opening an NRI Bank Account – Complete Guide

By |2024-04-03T08:29:51+05:30November 18, 2023|

Opening an NRI bank account is a pivotal step for NRIs to manage their finances, investments, and remittances efficiently. Understanding the types of accounts available and following the outlined step-by-step process can streamline this essential financial undertaking, ensuring a secure and convenient banking experience for NRIs.

  • Free Look Period in Insurance

Free Look Period in Insurance: Your Upper Hand

By |2024-04-03T07:27:12+05:30October 26, 2023|

The Free Look Period is a valuable tool that empowers policyholders to ensure they have chosen the right insurance policy. It grants them the time to assess the policy document thoroughly consider and decide whether to cancel or keep the policy after the Free Look Period.

  • Reinvestment Risk after Retirement

Reinvestment Risk After Retirement – Problems & Solutions

By |2024-04-03T07:19:47+05:30October 16, 2023|

Retirement is a time to enjoy life, not to fret about the safety of your savings. #Reinvestmentrisk is a genuine concern for retirees, but with guaranteed fixed returns through certain insurance policies and annuity products, you can secure your financial future. The case studies presented here illustrate how these solutions can make a significant difference in retirees' lives. It's time to enjoy your retirement with confidence and peace of mind, knowing that your financial security is well-protected.

  • ULIP Fund Switching Guide

ULIP Fund Switching Guide

By |2024-04-03T07:17:24+05:30October 3, 2023|

Switching funds in Unit Linked Insurance Plans (ULIPs) is a crucial aspect of self-managing your ULIP investment portfolio. SimplePath tells you when and how you can switch funds to maximise your gains.

  • Wisdom for Secure Retirement

Wisdom for Secure Retirement

By |2024-04-03T07:11:30+05:30September 18, 2023|

Retirement is a stage of life that demands careful financial planning and decision-making. Whether you are aiming to create a secure retirement with smart financial choices or simply seeking guidance on managing your finances, remember that your decisions today can shape the retirement you desire tomorrow.

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