Are you sharing agents commission ? Its Illegal

“Discount kitna doge ! Mishra ji mujhe 35% de rahe hain ” , as per Rakesh ,this is exactly how a lot of customers ask their agents commission to be shared with them in Insurance or Mutual funds. Have you ever asked your agent how much discount he can give you on the premium? This […]

READ MORE

Who will be the nominee for your financial products? – Concept of nominee with example

Did you think that your nominee is the person, who will get all the money legally from your Life Insurance Policy and Mutual funds investments? Ha! That is exactly what you’d think if you aren’t aware of the legal aspects. We assume a lot of things which sounds like they’re obvious, but are not true […]

READ MORE

Beware of Loading and Co-pay in Mediclaim Policies

Today we discuss two concepts in Health Insurance, generally present in the policy document, which policyholders are not normally aware about, because they don’t care to look at those clauses. We are talking about concept of Loading and Co-Pay . Let’s talk about both the concepts one by one. What is Loading in Health Insurance […]

READ MORE

Invest in Gold and Silver through E-Gold and E-Silver

The traditional, age old ways of buying gold have been ways like gold ornaments from jewellers or coins, bars, biscuits from banks or jewellers. However, since the last few years, new ways of buying gold have emerged. These include buying gold in demat form (electronic), through gold futures, gold ETFs and the latest one is […]

READ MORE

Two awesome and hidden Health Insurance products

Today, I will discuss about two  Health Insurance policies which are not very known or popular. However, these policies are unique and reasonably priced. These policies are sold by National Insurance Company Ltd and Oriental Insurance Company Ltd. The insurance policies, which I am talking about, are not single products but a combination of two […]

READ MORE

Making sense of the market through Sensex at MRP

In the previous article, we looked at Stocks@MRP and how a stock can have a price tag. Moving further, we now discuss how the concept of Stocks@MRP has been extended even to the benchmark index : Sensex . Also there is an example of one stock each considerably above and below its MRP. The inherent […]

READ MORE

Now, Stocks too have a MRP Tag

Have you ever asked what is the MRP of a stock ? I don’t think so ! The reason many investors shy away from investing in stock markets is because it seems to be a gamble. With the markets fluctuating every day, dropping or rising at the slightest bit of concern or euphoria, one is […]

READ MORE

Tax Deductions from Infrastructure Bonds under 80C

Finally govt gave clarity about the Infrastructure bonds under sec 80C where you can invest upto Rs 20,000 for additional tax deduction apart from the current Rs 1 lac. Look more on Income tax slab . Who can issue those Infrastructure Bonds ? Life Insurance Corporation of India Industrial Finance Corporation of India Infrastructure Development […]

READ MORE

What is Real Return and How Inflation eats your money

Recently all news dailies carried the headlines : ‘inflation rate has crossed double digits’. This indeed is worrying. So what is inflation and how does it affect the common man. In simple terms inflation is nothing but rise in the general level of prices of goods and services in an economy. What leads to this […]

READ MORE

Is Gold worth Buying ? A shocking Study

To understand this Study, we have to go back to years when human civilization started. Surprised! But yes, lets go back to those times where human civilization just started. Those days, economic activity was bare minimum and there were few trades between humans. For example, if a farmer wanted to build a home, he used […]

READ MORE

FREE Financial Health Checkup

Take up a detailed 25 questions financial health checkup to find out how much you score out of 100?

Archives