Blog about Financial Education, Advisory & Planning
A plan about investing Rs.5000/month SIP (Systematic Investment Plan) for 20 years requires a 20 year old continuous working life and similar savings trend. The question is what if one dies earlier. You must take a TIP or Term Insurance Plan. A TIP makes the financial plan death-proof and allows you to do SIPs for …
Most individuals run around in February- March every year to complete their tax savings investments and then forget about money and taxation when the new financial year starts in April. NOW is that time of the year when you should start investing for next financial year slowly & steadily so that you don’t have to …
Better late than never: Financial decisions you should take now Read More »
I am an advisor following the old school of thought. Firstly don’t mix Investment with Insurance. They are distinctly different and serve different purpose. Secondly once segregated focus on value investing & slowly but steadily building up your corpus with a judicious mix of equity & debt. Now let us understand the different investment avenues. …
Term insurance plan is a necessity for an individual who has dependents or a family. It is the basic form of life insurance where a fixed sum assured is paid on the death of the policyholder. In case of survival of policy term, the insured doesn’t get anything in return. It works on the basic …
Term insurance a must; But lowest premium not necessarily the best Read More »