Insurance is an expense, not investment

Insurance is an expense, not investment

The history of life insurance dates back to 3000 BC. The expression “YOGAKSHEMA” found in the RIG VEDA refers to the social welfare insurance that the ancient Aryans seem to have developed. The purpose of insurance is to cover the Risk of Loss and not to gain from...
Which are the best funds to invest?

Which are the best funds to invest?

Sorry, I don’t know – is the answer I give. Quite disappointing, innit ? People ask me this question more often than you think. Every second person I come across who wants to start investing wants to know one or two best mutual funds where they can invest. It’s not...
5 Mistakes of Financial Life

5 Mistakes of Financial Life

1. Not having a goal or a plan How can one be lost without a destination? How can one judge the sanity of a financial decision when he does not know where he is and where he wants to be?  Not Knowing, why you are investing in itself is the biggest mistake of...
Investment return from a house

Investment return from a house

In India, buying home is an emotional decision rather than logical. Emotions are priceless, so I can only explain things logically. I personally feel that there are three kinds of assets. The one that distributes cash The one that has potential to distribute cash or...