Your magazine is now also available on http://www.magzter.com, a
digital newsstand.ICICIdirect Money Manager June 2019Editor & Publisher : Abhishake Mathur, CFA
Editorial Board : Sameer Chavan, CWM®, Pankaj Pandey
Editorial Team : Nithyakumar VP CFPCM, Sachin Jain, Research Team
2One of the most exciting moments that individuals or families go through
in life is the joy and satisfaction of buying a house. While it is one of the
largest financial commitments that we make there is also a whole lot of
emotions involved in the process. Our Flavour of the Month for this issue
of ICICIdirect Money Manager will serve as a compendium on the
elements that one needs to keep in mind before buying that home.
What I would like to touch upon here is the emotional elements of that
process. There is no doubt that emotions are one of the key elements that
drives the home buying process. It is an integral part.
The important part is to not let emotions cloud taking a sound financial
decision. The entire buying process has to be backed with facts, analysis
and evaluation before you make a move. You would be investing a
substantial sum of money and will also have regular outflows in terms of
EMI for years.
Make sure you take time to gather the information you need to make an
informed and justified decision about the home you purchase. This will
ensure the soundness of your investment, even after the emotions have
waned.
I am sure this issue will help give you an all-round view on things to look for
while buying your house. The June edition of Money Manager also offers
comprehensive review of mutual funds recommended by our research
team. The top two stock picks of the month are also selected by some of
our finest research analysts.
So read on, stay updated and involved. Do write in with your feedback at
[email protected] and share your thoughts.