A few days ago I did a post about risk….here are some solutions.. 1. If husband and wife are working in the same industry or worse in the same company, try to change the situation, NOW. 2. Take a stand alone or a floater MEDICAL INSURANCE policy for say Rs. 3 lakhs for self and […]
A few days ago the Running Regulator was created, here are the draft regulations. Comments are invited from runners, doctors, photographers, hoteliers, shoe manufacturers, socks and other accessories manufacturers, spouses and parents of runners, coaches, physiotherapists, gym owners, drivers of cars supporting runners, and any other person who thinks about running, and all others. Rules […]
Many of us pretend to understand risk and think we are fully prepared for it. Wrong. Most of us are hoping that since our parents did not face risk, we will not face risk. Let us look at some of the risk which we pretend will not happen to us, because so far it has […]
A few days ago I had posted a chart showing how the claims settlement ratio looks like in life insurance in India. LiC was at the top with about 97% and some of the newer firms were at the bottom at 50%. Of course it was a play on numbers and for the common man […]
A few days ago I did a sarcastic article on ‘how real estate prices cannot fall at all’….now I am contradicting myself! Two different stories about real estate deals: One person bought in a upcoming luxury project in year a 4bhk house for Rs. 112 Lakhs in dec 2006. In 4 years time, a self […]
A few days back Safalniveshak posted a comment saying his friend’s father was cheated by an agent who had sold him 192 schemes in 192 folios. He called it bad and disgusting. Let us look at the whole process. A mutual fund or a life insurance company gets a LICENSE to do business in their […]
A few days back I wrote a piece on ‘Young, Glamorous, Riskless and Broke’. This was about the kids born in the 1980s. Let us take a kid born in 1987 – would have graduated in 2007-8 and finished his/her MBA in 2009. This was not a great season to graduate, but would have found […]