Tweets on 2010-06-02

Posted 1 CommentPosted in Finance

Having read the policy wording on a few Health Insurance policies, I wonder if we'll receive even a rupee in times of need. # Cashless settlement. Ironic. A couple of health insurance providers I looked at have no operating cash themselves. # Which one's better? 5 lacs with guaranteed renewals up to age 80 or […]

Tweets on 2010-05-27

Posted 3 CommentsPosted in Finance

The only guide you'll ever need on life insurance: # Given, I'd stick with LIC. Plus they have a sovereign guarantee – a significant competitive advantage. # My story. 3 years ago. LIC Term Plan for 25 lacs. Incompetent agent & diagnostics lab. Result: Proposal accepted; Agent terminated. Me: WTF? # Though the […]

Tweets on 2010-05-19

Posted Leave a commentPosted in Finance

Pension Plans or Pension Scams? That's what my research on retirement plans offered by life insurance companies in India indicates. # Pension Plan Mathematics of Life Insurance Companies in India. God can't interpret it. I bet. # Save each month. Compound your savings in debt instruments. You'll do FAR FAR FAR better than any Pension […]

Tweets on 2010-05-12

Posted Leave a commentPosted in Finance

Nobody cares more about your money than you do. If you don’t take steps to improve your financial situation, nobody else is going to do so either. Source: Smart people work at keeping their monthly consumer debt burden to zero. Borrow only for things that go up in value. Easy to say, hard to […]

Tweets on 2010-03-09

Posted Leave a commentPosted in Finance

“HDFC Bank has the discretion to reject payments above the outstanding on your card.” My Q: Why would a bank ever want to refuse your money? # “Explore the world with HDFC Bank Personal Loans.” It’s honestly a bad — no, terrible — idea to explore the world on a personal loan. # Tweeting from […]

Tweets on 2010-02-01

Posted Leave a commentPosted in Finance

The Simple Dollar » Emergencies Vs Opportunities – Having an emergency fund doesn’t mean losing other life opportunities. # LIC launches scheme to activate lapsed policies. Reminder: SURRENDER my lapsed endowment policy — a BIG mistake in my financial history. # Testing Twitter Tools integration with WordPress – Phase 2. #