Don’t take this risk with insurance
Insurance is a risk cover – don’t risk the nomination part. Most people name their beneficiaries when they buy the policy, and then never give the subject another thought. That could be a mistake. Good consultants recommend that you take the time to review your policies’ beneficiary designations periodically (annually [...]
Clients regularly ask for “How much will my investment become in 22 years?” Really, I have no answer…so this is how I have decided to react.
Do you want a policy illustration or a knock on the head? Now that I have to show you an illustration, I will.
However that will have to [...]
Many clients, students and friends call back saying “This xyz person offerred me 36% returns on life insurance policies” is it possible?
My answer has been “The fact that you are asking me shows you do not believe it”. After all you do not call me every day for every thing, do you? – is my [...]
You have just crossed your 23rd birthday, when you’ve gained the education and/or skills you need for the career you’ve chosen, and you’re earning money and learning how to handle it. Ok, ok you are not in your twenties but are in your thirties and have started looking at financial planning. Fine, this article will [...]
If this sounds like the title of a book, well it is!
I have collected a few of my articles – they may well be available on my blog and elsewhere that i have written – which means rediff.com, moneycontrol.com, and myiris.com.
This book is a part of M3 – Msigma – as iris calls it. Msigma [...]
A friend who works for a regulator ABROAD came to India to teach at arguably at the best 2 Business schools in India. As is customary his father took him to the bank to tie up some loose ends. The Branch Manager offerred him a Unit Linked Plan with a 40% assured return. Now here [...]
Do I Need Personal Financial Planning?
Planning for a secure financial future is a must! It can be done, and is not easy.
Maybe you’re saving to buy your first home.
Perhaps starting your own business is a dream.
The costs of a college education have spiraled and you may wonder how you will pay [...]
Yesterday I saw, and I hope you saw that WB is not a fund manager. However almost all his thoughts on investing are worth reading and re-reading. Let us look at something very simple. WB says choose simplicity over complexity. Keep it simple. Do what is easy and simple – leave the complicated things to [...]
There are many companies which have given fantastic, scorching returns. Microsoft, GE, Berkshire Hathway….are some examples. Berkshire Hathway, well er is a fund..or so you thought. Let me tell you, it is not. Mr. Buffet is a brilliant businessman, fantastic stock picker, (fantastic bargain picker – look at the recent offer to pick good bonds [...]
Insurance is mandatory if you have a car! If your car is worth insuring what about other assets? Most doctors need at least some insurance to be in place as part of their overall financial plan. The question is how do you work out what insurances you need, how much and what for? And which [...]