Will a Health Insurance company top up your Sum Insured annually as a BONUS?

There are many exciting features added to the new generation of health insurance. The competition among health insurance companies is catching up, and many are inventing new riders to stay relevant. We will discuss one such rider — SUPREME BONUS today. AI Generated Image If you have already taken a health insurance policy, you might be aware…

06 Sep 2024 — Nifty loses 380 pts, will the Bear attack start now?

Nifty Stance Neutral ➡️ Nifty has only fallen 379.95pts ~ 1.5% this week and it is pretty early to go bearish, but the structure gives a lot of hope for a bear attack. You all might agree that we are in an overvalued territory, even if we fall 20%, we might still be overvalued. If…

Why Health Insurance should be a mandatory product in India

Currently, health insurance is not a mandatory product in India. With the rising cost of healthcare and the speed at which newer variants of diseases are identified — there is no way a common person can keep up by paying expenses from their pocket. Even a decently well-off household is just a bill away from bankruptcy. The…

സേവിങ്‌സും ഇൻവെസ്റ്മെന്റും തമ്മിലുള്ള വത്യാസം എന്ത് ?

മ്യൂച്വൽ ഫണ്ടുകൾ വരുന്നതിനു മുമ്പ് സേവിങ്‌സിനും ഇൻവെസ്റ്മെന്റും വേറെ വേറെ അർത്ഥങ്ങൾ ആയിരുന്നു. ഒന്ന് ഓർത്തു നോക്കു, നമ്മുടെ മാതാപിതാക്കൾ എപ്പോഴും സേവിങ്‌സിനെ പറ്റി ആണ് പറഞ്ഞു കൊണ്ടിരുന്നത്. ഇതിനു കാരണം ഇൻവെസ്റ്മെന്റ് ഒക്കെ സാധാരണക്കാരന് സ്വപ്നം പോലും കാണാൻ പറ്റാതെ ദൂരത്തിലായിരുന്നു. ജോലി ചെയ്തു കിട്ടുന്ന ശമ്പളം ബാങ്കിൽ ഇടുകയോ അല്ലെങ്കിൽ ചിട്ടിയിൽ ചേരുകയോ ഒക്കെ ആയിരുന്നു അവർക്കു അറിയാവുന്ന സേവിങ്സ് രീതികൾ. ഇന്ന് പക്ഷെ ഇൻവെസ്റ്മെന്റ് എന്ന വാക്ക് വളരെ കോമൺ ആയി കേൾക്കുന്നുണ്ട്….

Mutual Funds Day 44: SIPs but with Adhoc Lumpsum in between & Step-Up SIP with Step-Up L

We saw the power of SIPs and stepped up SIPs in the previous chapters. If you have not read them yet, please do so. Today, we are going to take it a step further, we are going to add lumpsum payments to the existing SIPs every year. Case1: Fixed lumpsum payments per year on standard…

Mutual Funds Day 43: Halal Mutual Funds

Today we are discussing a specific category of mutual fund called Halal mutual funds. You might have heard the terms halal meat, halal foods, etc. When it comes to investing, halal means pure. AI Generated images. According to Sharia Law, muslims cannot invest in companies producing or promoting sinful goods like alcohol, tobacco, drugs, gambling…

23 Aug 2024 — Bullish Stance on Nifty worked out, But Neutral stance on BankNifty proved wrong |…

Nifty Stance Bullish ⬆️ Last week I said, Nifty may not go above 24800 by the 22nd and we ended Thursday 11 points above the target. Over the week we went up 292pts ~ 1.19% and the ATH of 25078 is now looking pretty easy to conquer. For the current expiry, I expect Nifty to…

Mutual Funds Day 41: Mutual Fund investments are subject to market risks, read all scheme related…

“Mutual Fund investments are subject to market risks, read all scheme related documents carefully” You might have heard this disclaimer, but let me tell you — it is not what you think. People usually think Market risk means the general drop in stock prices, i.e. the risk that the stock you bought for 500 is now quoting…

Mutual Funds Investing Strategy 106: If you buy a 10 lakh car when you can afford a 20 lakh car…

The title is pretty confusing, right? I purposefully kept it confusing so that you feel amazed when we unwrap the contents. Firstly, let us talk about buying a car. I have two friends @mightyoffroader, and @sunubabu who would kill me when I say a car is a liability. For both of them, cars are life….