Analysis of ULIP’s which Gurantee Highest NAV in 7 Years – the Real Dark Hidden Facts and Frauds Behind Such Offerings
The catch and the real story behing ULIP or Life Insurance Investment schemes which gurantee HIGHEST NAV in 5,6,7 Years is explained below. Though these schemes look attractive with tag-lines like ‘Highest NAV Guaranteed’ there is a nice story behind it. Read it ON to get the complete picture. (more…)
I woke up early today, actually couldnt sleep all night. So guys I am adding some trading tips of today. These are various tips pulled from some research work and some recommendations from brokers. So play with calculated risks. Also watch out for 4529. Its an important support level. If its breatched then market will see some correction in short term. (more…)
Unit Linked Insurance Plan (ULIP) Advantages and Disadvantages Explained
KNOCK KNOCK!
Me: Who is it?
“I am an Unit Linked Insurance Plan (ULIP)”
And thus began my conversation with a ULIP who came to my doorstep one day. I took the opportunity to ask him a few of my doubts. Here are excerpts from my conversation:
Me: Go away! I am told you are too expensive? I should not be investing into ULIPs ! I have learnt that term insurance + mutual funds is a better idea. (more…)
Ratings agency Moody’s Investors Service has maintained a Baa3 foreign currency rating and Ba2 local currency sovereign rating, which is non-investment grade, on India.
“This is clearly a growth-oriented budget and contains a slightly larger than expected headline deficit number, but it is broadly consistent with near-term stability in the government’s debt trajectory,” Aninda Mitra, a senior analyst at Moody’s, said.
This is largely based on the estimated fiscal deficit, which is expected to balloon to 6.8 percent of GDP, its highest in 16 years. (more…)