Re-evaluate your insurance and improve returns in the process!

I am one of those millions who have taken ULIP Life insurance and other traditional life insurance policies. We are lured by the amount we receive at the maturity.

Rule: With times, we have to re-evaluate our options and choose wisely. I know you all are ready to ask me what has changed...Its the Govt with development as their core agenda. Next 10 years will be roller-coaster ride for all of us. Dont miss the fun (of course take enough precautions)

So, here it goes:

1. According to experts, term insurance is the best option. 
2. For health conscious people, add health insurance.
3. For people with returns in mind, spend the surplus in mutual funds (direct investment to save some more money)
4. For active investors, invest remaining amount in good stocks..
5. Investing in realty is a good option provided you can take enough care (especially open plots...)
6. If your assets (excluding your investments planned for future expenses) is more than your insurance needs, better not take any insurance. Instead invest that amount to increase your net worth.

Note: Review performance of your stocks/Mutual funds periodically to avoid losses (remember above rule)

I have already taken health insurance and in the process of taking term insurance. My wife wont allow me to surrender my LIC and Birla sunLife policies without taking term and health insurance policies :)

Update on 20-Jun-15: I took term insurance from Aegon Religaire and planning to increase the coverage by taking another policy from the same company OR thinking of MAXLIFE insurance. General suggestion is to NOT to take policies from multiple companies to avoid the hassle of running around multiple companies during claim processing.

Medicines at low cost @ Hyderabad

If you are a regular user of medicines and spending thousands every month, here is a way to cut your expenditure.

Today I got medicines at 50% less rate @ "NIMS medical Hall" next to NIMS hospital bus stop. Of course, not every medicine will be given 50% discount. Some medicines will be 20%, some will be 40%.

I got Espogen @ 900/-. In fact, Eripro is just 350/-, Eprox is just 750/-. I used to pay 1600/- for all these medicines at Yashoda hospital.

In fact, i heard that if you go to Koti (wholesale medical shops near Andhra bank), you will get much cheaper.

Here is another option (with free home delivery):

www.medstar.in/
http://www.sastasundar.com/

Quick review of some Indian Brokerage houses by my friend Uday...

https://www.facebook.com/udaykumar.koppanati/posts/873881305973203

We reap what we sow !

If you have more (of anything), there is nothing wrong in enjoying it. But if you gain enjoyment ONLY by flaunting it, beware of the fact that you are seeding corruption in the minds of have-nots, which will hit you back in ways you can't even imagine.

By all means, enjoy what you have modestly! By displaying what you have, you are actually highlighting what others don't have and seeding jealousy in their minds.

This is the root cause of all evils we are now witnessing in our society...

Think for yourself how better the world would have been if we didn't allow obscenity in our movies, everyday life!

What can you do?

Follow this simple rule  --> Respect and value every woman you come across in your life!!!

Another common folly:
Just because you couldn't OR your parents didn't allow you to wear modern (revealing) dresses, don't encourage your next generation to do it in the name of freedom.

May GOD bless India!

Online Telugu weekly

http://www.gotelugu.com/index.php

Women in our Lives!

It takes a CEO of Pepsi Co. to say this and not be blamed!

Click this link to know more --> Women can't have it all says Indra Nooyi !

Be a Transformer

Thanks Uday for taking me to Transformers movie today which reminded me of the current situation!

For first time investors, I think this is the best time to start investing in India, in their future. For naysayers, I am not asking to believe in Modi, I am asking to believe in India and to believe in our collective capability.

As highlighted in many articles on the web, India will be the Youngest nation in world by 2020. Coupled with highly skilled people, able leadership and the opportunities after a lengthy global recession, India is roaring to conquer the world.

Capitalize on the wave by taking proper guidance and TRANSFORM yourself into a MILLIONAIRE OR BILLIONAIRE after few years...

For existing investors, evangelize investing principles to benefit yourself as it improves trading volumes and overall market dynamics :) :)

Cheers,
Jag