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known as NIVESH GURU in the world of investments.

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ULIP V/S MUTUAL FUND

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ULIP V/S MUTUAL FUND  I believed that discussion between ULIP Vs  Mutual Fund  was settled long back but I was wrong. In all of my sessions we have clearly mentioned and explained to keep investment and insurance separate. But to my surprise, a few days back one of my regular investor asked me– Which is better ULIP or  SIP ?  This confusion came because his banker told him that Ulip vs Mutual Fund + Term Insurance is a gimmick by mutual fund industry. Now if someone  depends on his banker for financial advice  how anyone can help. We always suggest  don’t mix investment and insurance  but let’s still check ULIP vs Mutual Fund comparison. What is Unit Linked Insurance Plan? Unit Linked Insurance Plans also known as ULIPs are insurance products that combine investment and protection against  risk . A ULIP holder pays a periodic premium. Part of the premium is for life insurance and part of it is invested just like in a mutual fund scheme. This continues for many years.
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Various stages of Investing

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Various stages of Investing Starting your career This is the first time in your life, when you are earning money and are financially independent. You put your salary or income from business in a savings bank account and spend from it, to meet your living expenses (like food, rent, transportation etc.) and other lifestyle needs. The most important financial requirement for you at this stage is to meet your expenses from your income; if your expenses are more than your income then you will run into debt. If your expenses are higher than your income, then you must either cut down on expenses or find additional income. Finding additional income is not always within your control, expenses on the other hand are within your control. Once your expenses are within control, not only you will be debt free but also be able to save. It is important to make savings a habit; even relatively small savings every month can grow to a huge corpus in the future through the power of compounding. W
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Importance of involving your family in your investment decisions

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Importance of involving your family in your investment decisions These days a lot of financial decisions are to be made in day to day life. Even we have a lot of bank accounts, investments and med claim policies. In this scenario it is very critical for your family, specially your better half to have an idea about these. Pointers to be discussed with your family – 1.    Your financial advisor – Your family should be known to your financial advisor. They should perfectly know where to contact to just in case an emergency arise. Investments although is always done for long term perspective, but at times can be life saver at important points of life. EG there was one of my client who was well of in his living and was maintaining a health investment with me. One day he was critically ill, family had no idea where to get funds from. But his wife and son was connected with me via FB. They contacted us and their investments with us proved to be quite helpful to them. It probably ma
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