Cryptos, FDs and Smart Beta Funds

26-09-2024 • 19 mins

In this episode, Monika presents an intriguing blend of insights and answers to listener questions.

First, she explores how several non-US countries are seeking alternatives to the dollar-based global payment system, particularly regarding cryptocurrency. She clarifies that this discussion isn't an investment recommendation but highlights its implications for the future of global transactions.

Next, Monika dives into a micro event: Airtel’s new app-based fixed deposit service that launched on September 1, 2024. This innovation aims to simplify FD investments by allowing users to choose deposits from various banks through an easy-to-use dashboard. She also shares some risks, especially regarding higher interest rates from smaller banks.

Finally, Monika addresses three listener questions: one asks whether to pay off a home loan given the changing tax landscape; another inquires about the potential benefits of smart beta funds compared to traditional index ETFs; and the last expresses frustration over unequal investment allocations between spouses, seeking advice on how to handle this with their financial advisor.

Chapters:

(00:38 - 02:04) Cryptocurrency: Alternative to Dollar-Based Payment Systems

(02:06 - 04:24) The Role of Crypto in International Trade: Russia and India

(04:26 - 07:17) Fixed Deposits: Airtel's App-Based Investment Service

(07:32 - 11:44) Home Loan Decisions: Balancing Tax Benefits and Financial Strategy

(11:46 - 15:57) Smart Beta Funds: Understanding Strategy-Based ETFs

(15:59 - 18:40) Portfolio Allocation Issues: A Case Study on Gender Bias in Financial Advisory

If you have financial questions that you’d like answers for, please email us at ⁠mailme@monikahalan.com⁠

Monika’s book on basic money management

www.monikahalan.com/lets-talk-money-english/⁠

Monika’s book on mutual funds

www.monikahalan.com/lets-talk-mutual-funds/⁠