Pardon me but I forget the name of the reader who brought up this important question of whether he should invest in ELSS (Equity Linked Saving Schemes) given the Direct Tax Code that will possibly see the light of the day in April 2012. Direct Tax Code and ELSS have been discussed very heavily inRead More
All about Critical Illness Insurance
So here is the scenario which helps me drive home the point about the importance of critical illness insurance policy in India. Suppose you are hospitalized with a major heart attack and your spouse is told by the doctor that you need to be operated upon. Big deal you think, you have health insurance orRead More
JagoInvestor Book review
I have had the pleasure of reading the JagoInvestor book that has been out in the market for a month now. Written by Manish Chauhan, a personal fellow blogger and a friend, I could not help writing a review on the book. I remember when I was in my teens, I used to finish theRead More
Dates to Remember in a Life Insurance Policy
The buck does not stop after you have purchased a personal finance product. Be it a life insurance policy, health insurance policy, an FD, a stock or a mutual fund, there are some dates that you need to keep in sight otherwise you will miss on important landmarks that can render your holdings useless andRead More
LIC Bima Bachat – No Bachat!
LIC Bima Bachat policy from LIC is a single premium money back plan. In case you are unaware of the different types of life insurance policies, I recommend you hop over to read that first. A money back plan is meant to return you an amount of money after every certain number of years. SoRead More
Which is the most transparent financial product ?
(This Poll has ended. You may refer results below) A thought crossed my mind today. How do we buy financial products? Say you have Rs 50,000/- and want to park that money, where would you put it in and why? I think most of us never bother to first think about basic things like goalRead More