I recently received this email from my client. I thought it will resonate with you and so I am sharing it here. Read on. Subject: Financial planning Dear VK About 5 years ago, when I invested in a mutual fund for the first time, I was apprehensive. Till then, all that I had ever come close to … Read more
ULIPs stand for Unit Linked Insurance Plans. They offer a combination of insurance and investment and are offered by life insurance companies in India. The Ugly Days ULIPs have been a much hated product for most of their existence. So much so that they were considered highly toxic financial products. Here are a couple of reasons. First, there … Read more
3 days ago, I received an email from my bank and it mentioned that over 79% of loans approved were for those individuals who had a credit score of 750 or above. What does this mean? Simply put, it means that if you have a credit score of less than 750, the chances that your … Read more
I bought my first life insurance policy in 2007. It took me about 3 months to finalise which policy to buy. I took my time to research and to select the right policy. Now, I bought insurance because I wanted “insurance”, a protection against a risk, the risk that how would my family take care of itself … Read more