I have a friend who says whenever he gets a raise – or around that time – his father has some demand worth Rs. 30-40k come up. It could be remodeling his furniture, change of a/c, new washing machine, …a vacation etc. His father used to work in a private sector company and retired as […]
Here is the uncensored, unedited view of Aviva India…..my views you have already read right? well read on…. Union Budget – Reaction from TR Ramachandran, CEO & MD, Aviva India Mr. Finance Minister, through this budget, has tried to give a big push to infrastructure, incentivise savings through financial instruments and property particularly at the […]
Frankly I have no clue about what to expect. However I know what people will say: 1. The FM should raise the taxable exemption limit by at least Rs. 50,000 2. The exemption limit for women should be raised by Rs. 75,000. 3. There should be a separate limit (like 80 C) for repayment of […]
A friend called to ask…tell me precisely what can go wrong in a group policy: 1. First of all you are dependent on your employer. That does not sound too great, does it? 2. Your employer could just do away with medical insurance completely. Period. 3. Suddenly your parents could be excluded – and if […]
Every channel, magazine and blog tells you to buy Term insurance…right? Now the industry is much, much smarter than the customer – so they have come up with many, many variants of term insurance! More about that later…but let us see what gives you comfort: 1. Buy term insurance on the net: it is the […]
May your hair, your teeth, your face-lift, your abs and your stocks, mutual fund Nav, net worth, running speed, cycling cadence, RISE; and may your blood pressure, your triglycerides, your cholesterol, your white blood count, resting heart rate, insurance premium, and your mortgage interest FALL * * May you get a clean bill of health […]
I was not sure whether to call these investment myths or investment myths, so decided to call them middle class myths! 1. LIC is a good investment: Most (if not all) bought LIC’s products as a method to defer or save Income tax. They did not think of life cover, returns, or anything else. In […]