Goal Setting

dr m kishan on January 31st, 2013 at 8:15 am e Subra Sir, Goal setting is very important aspect of any effort financial planning may being one. But I always have one query. Imagine if all of my goals are somewhere about 20 years down the time, do I still have to allot different financial […]

Earning well but poor….part 2

A couple of days ago I did a post saying ‘Earning well but poor part 1’, now here is a sequel… 6. You rely on others to take care of your money: A classmate who is a relationship manager in a bank, or a friendly uncle, or …..hardly matters who. It is nice to say […]

10 Most imp things to see in life insurance…Sbi ad…continued…

7. Confirm tenure is appropriate: “The insurance representative offered me an endowment policy for 30 years…and at age 44…I am wondering how will be able to pay the premium after I retire…what should I do Subra?”. GENUINE READER QUERY…My answer is a separate post….will do it soon. Here it is: Appropriate tenure of a risk […]

Cost of postponement of financial planning…..

THIS IS AN ARTICLE ….. –    By Gaurav Rajput, Director Marketing, Aviva Life Insurance Warren Buffet famously shared, “Someone’s sitting in the shade today because someone planted a tree a long time ago.”  Indeed, what he said is true. In order to enjoy the benefits of a rich future, it is essential to start investing […]

Buy Term Life Insurance

This is a zillionth time I am saying this. Let me repeat it. Again and Again. If you have a family dependent on you – parents, wife, children, in-laws, ……..please remember YOU are not invincible. You could die. Sorry I refuse to mince words like a typical life insurance agent. He says ..”in case something […]

Investment lesson 101…

If you are wondering why I keep repeating some of these things, it is simple. I keep meeting people who make such basic, basic, basic mistakes in investing, that it is painful. I met a person earning Rs. 400,000 a MONTH being asked to take a Rs. 700,000 loan, BECAUSE the interest is tax deductible. […]

Intellectually superior products…

I do not know much about the other industries, but the financial services industry has a lot of interesting behaviour… The life insurance industry had a product called Classic Endowment Policy. This was a compulsory saving and risk cover product where the returns were a function of how well the fund was managed, how the […]