tag:blogger.com,1999:blog-52549427786757777942024-10-24T18:25:17.268-07:00Personal Money GuideMoney Management, Investment and Insurance Guides for Busy PeopleAnandSpeakinghttp://www.blogger.com/profile/12569525841246476095noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5254942778675777794.post-87619759694770166422015-11-13T20:42:00.000-08:002015-12-16T22:57:52.559-08:00Why avoid LIC’s New Jeevan Anand and other such schemes?
In this video, I am going to tear apart one of the most famous insurance schemes in India. Its LIC’s (New) Jeevan Anand scheme. I have taken this just as an example. There are many such schemes in the market which I don’t subscribe to. Such plans are extensively marketed because the insurance company and the agents get enormous money from them. But we have to be careful when AnandSpeakinghttp://www.blogger.com/profile/12569525841246476095noreply@blogger.com1tag:blogger.com,1999:blog-5254942778675777794.post-66084863927350059992015-11-06T07:32:00.000-08:002015-12-16T22:35:13.093-08:00How to know the past SIP returns of Mutual Fund investments?
In my last videos, we have seen how to calculate returns and growth rate of LIC plans. In this video, we will see how to get the same numbers for SIP investments in Mutual Funds. SIP is basically a Systematic Investment Plan to regularize your investments in Mutual Funds. You can opt for monthly or quarterly investments with as minimum as 500 rupees a month. And you can automate the entire AnandSpeakinghttp://www.blogger.com/profile/12569525841246476095noreply@blogger.com0tag:blogger.com,1999:blog-5254942778675777794.post-22988490181136686682015-10-30T07:37:00.000-07:002015-12-29T18:15:52.760-08:00CAGR – What is it and How to calculate it for your investments?
Everyone knows what the interest rate is for Bank FD’s, and PPF to name a few investment products. Bank FD offers around 9% and PPF offers 8.7%. Given the interest rate, I guess you know how to calculate the final maturity amount of an investment.
Maturity = ( (1 + R)^N ) * Investment
Where R = Annual rate of Interest and N = Number of Years till the Maturity
But, the investment cum AnandSpeakinghttp://www.blogger.com/profile/12569525841246476095noreply@blogger.com3tag:blogger.com,1999:blog-5254942778675777794.post-53769818654813613642015-10-23T07:40:00.000-07:002015-12-16T23:23:09.796-08:00How to calculate expected returns on LIC policies?
Many of us have LIC insurance policies. But not many know how to calculate expected returns on our policies. I have covered New Jeevan Anand insurance policy in this video. In a similar manner, you can calculate expected returns for other policies.
Knowing, not only the expected returns, but how to calculate, makes you aware what is the annualized rate of return the policy offers apart AnandSpeakinghttp://www.blogger.com/profile/12569525841246476095noreply@blogger.com0tag:blogger.com,1999:blog-5254942778675777794.post-2116280846298388932015-10-16T07:43:00.000-07:002015-12-16T23:25:48.450-08:00Pay 12 & You May Get 2,00,000 When In Need – GoI Insurance Schemes
This video is about Pradhan Mantri Jeevan Jyoti Bima Yojana life insurance scheme and Pradhan Manthri Suraksha Yojana accident insurance policy launched in India. The schemes were offered at extremely low rates of premium so as to reach a large number of people in the country.
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