Agent,Distributor, Bank, CFP’s and Sebi Ria- Who is good for you?
There are few people call themselves Investment Advisers or Financial Advisers. Insurance Agent, Mutual Fund Distributor, Bank, Postal Agent, CFP and Sebi Ria. But common man not able to understand whom to chose out this list. Hence, I am writing this article about the skill. education, capability, mode of their income and reliability etc. While selecting any one try to select one who has No or least conflict of interest and high skill and education. Conflict of interest means putting their interest first instead of yours. Insurance Agent… Most of the Insurance agents academic qualification is 10+2( Intermediate). Few agents …
Life Insurance Death Claim- How to invest this Death Claim Amount? (Telugu)
Term Life Insurance covers pure risk only. Term Life Insurance has no bonus and maturity. People are looking for pure risk only these days. A Lic Employee called me over the phone recently. She is a regular visitor of my Paisa Health youtube channel. The Reason is there is a LIfe Insurance Death claim in her family. For Nominee Investing Death claim amount not known… Also, Read the article about EPF nomination benefits and rules… click here to read. What is her need? : Recently her cousin’s son was dead. His age is 30 years. He has a mother and …
INVESTMENT PLANNING-What is in our hand? (Telugu)
what is Investment? : We earn money every month. We have to save some money for our future financial needs. Investment planning required for this purpose. After doing this planning Investments has to be done. We have to consider few parameters while doing this planing like Inflation, expected Return on Investment, No of years left for the goal and amount available to invest immediately etc. Read this article about inflation and its effect on Purchasing power https://paisahealth.in/inflation-what-is-it-how-it-decreases-purchasing-power-of-money-telugu/ Future Value of Investment : In Investment Planning Time Value of Money plays an important role. Formulae For Future Value = PV*(1+R)^N Pv means …
