Is life insurance a good investment? If you want a one-word answer, then its NO. Life insurance is not an investment. Period. Comparing insurance and investments and trying to pick either of two (or combining them) - is one of…
Category: Life Insurance
How much Life Insurance to Buy & How To Calculate the Right Amount?
A reader had a very specific question in Personal Financial Concerns Survey 1.0. It was about calculations related to life insurance amounts. This is what he had to say: In past, I have bought insurance policies for saving taxes and…
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4 Common Mistakes to Avoid while Buying Your Term Insurance Plan
I have always been of the view that it’s wiser to keep investments separate from insurance. And that means sticking only to plain-vanilla term insurance plans instead of moneyback endowment policies. Buying term insurance is very important to fulfil your…
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292 Words to Change Your Financial Life…Today!!
This post is inspired by Rohit’s brilliant post on how to manage your money. I am borrowing a few of his ideas & adding a few myself. Never depend on just one source of income. Save at least 20%…
The Perfect Business
The perfect business. Is there such a thing at all? Do you know of a business which might qualify as a perfect business? Oil? FMCG? Trading? No... these may be good businesses, but there is one which is much better. And…