Category: Insurance

Feb 23

LOSS AVERSION AND WHY WE STICK TO SUB STANDARD CHOICES IN LIFE

I have a friend. A Brigadier in the Army, Mohan Lal Aswal. He came to know that I have an inclination towards personal finance. He also attended one of my talks which I occasionally give on request to a group of long term investors.  He was convinced about whatever I spoke and whatever I had …

Continue reading

Oct 14

HDFC LIFE LAUNCHES ‘SMART WOMAN’ – AN EXCLUSIVE LIFE INSURANCE PLAN FOR WOMEN

I have been too busy of late, that reflects in no post for sometime. But a call from a friend of mine on a new insurance plan for Women ensured that I must write about it before the “Smart Women” were taken for a ride. This plan is basically a bundled product. It combines insurance …

Continue reading

Aug 31

WHO WANTS TO BE A MILLIONAIRE?

Jude  is a young  officer in the forces. The other day we met at a social do and happened to chat. Jude was interested in stocks but was completely unaware of how it works? Also, he wanted to invest in a flat. He had mentioned that someone came to him and was asking to buy …

Continue reading

Aug 01

ULIPS MADE EASY

Aarti Singh is Senior Manager HR in HCL Info Systems. When she started earning she was clueless about finances. She was ignorant.  She just followed the crowd or an agent’s advice. She invested in a few Unit Linked Insurance Plans (ULIP) of ICICI Prudential. Aarti is not the only one, I meet a lot of …

Continue reading

Jul 17

LIFE INSURANCE DEMYSTIFIED

Most people I meet or interact with, consider Life Insurance Policies as investment. It is the biggest myth for an investor.  Almost everyday, I get a query on Life Insurance or ULIP or some other insurance plan and invariably the question is, “Should I take this plan? There is an assured return of xyz amount.” …

Continue reading

Jun 01

INSURANCE FOR HOME LOAN

While my series on stock investing continues, I have to digress to talk about something which happened today morning. Vikrant Deshpande walked into my office and thanked me for some advice I gave him yesterday. It saved him Rs 408,338. The b###er should have at least got a bottle of “bubbly” for me. Levity apart, …

Continue reading

May 27

WHICH IS THE BEST ASSET CLASS TO INVEST IN?

All investors have a very common question, “Which is the best asset class?” They are challenged to know where to put their money. Everyone wants to know which asset class will perform the best and help them meet their financial goals. So, today I am going to write about various asset classes and asset allocation …

Continue reading