Jagoinvestor
April 8, 2009
Asset Allocation presentation
I am putting a small presentation prepared by a friend Subbu . This talks about asset allocation at different stages of life .
Investments At Different Stages Of Life
View more presentations from manish.pucsd.
Incase you have not looked at “How to be a better than average Investor” series articles . You can look at them
These articles talk about use of Technical Analysis to find support and resistance levels to make better BUY and SELL decisions . Please share them with others too .
Hey manish,
I have been following ur blog for quite some time. Really informative posts. I wanted to improve upon my asset allocation. This presentation is not loading in my browser. Could you mail it to me pls.
E-mail ID: [email protected]
Cheers,
Chirag
Thanks 🙂 .. Download it from here
http://www.slideshare.net/manish.pucsd/asset-allocation-effect-1737414
Manish
manish i am sending you the document which he gave me.please check your mail and advice me.
thank you
manish i am sending you the document which he gave me.please check your mail and advice me.
thank you
hye manish;
thre was some mistake
actually at 26 years sum insured is 26 lacks and at 56 sum insured is 1.16 crore.and maturity value is around 1.16 crore also.
hye manish;
thre was some mistake
actually at 26 years sum insured is 26 lacks and at 56 sum insured is 1.16 crore.and maturity value is around 1.16 crore also.
Rajnish , though i have written a lot on Insurance in previous articles , lets see in brief this policy which you are mentioning … and lets ask some logical questions about its returns .
you said ”
yearly premium is :- 81252
risk cover :- @ 27 age it is 260000 normal and @ 56 age it is 11600000.
Tell me what will you do if you die next year , your dependents will get 2.6 lacs . Is that logical ? Is that what you want to provide to your family as risk cover . Just tell me how many months they can survive ?
– same question for age 56 , what will your family do with 11.6 lacs after 30 years from now , with inflated cost , Its same as 2.7 lacs today !! .
You said : marutiy period:- 30 years and maturity value will be around 11600000.
there is something fishy here , yearly premium is 80k and term is 30 years . so total premium paid is 24 lacs , how is maturity value just 11.6 lacs ?
after maturity i will be insured @ age upto 99 years. and cover will be 2500000 normal.
Do you think after 60 you will need Insurance ? will your children need your financial assistance ? will some one be “financially” dependent on you ?
And if the answer is YES , what will they buy with 25 lacs after 30-40-50 years .
Today if you have 25 lacs , it will give you 16-17k of monthly income .
You also said : it is not unit linked and will give me bond paper. please have a look and suggest me shall i go for it.
The only reason “its a bond paper” is the biggest reason why you should avoid it . These policies are long term products and if its long term , it has to be market linked …
Q, Long term
A. Equity
Q. Short term
A. Debt
Understood ?
Dont ask the question “are you getting something with it” , ask the question “What will I miss If i go with it” and “Can I do better than this, If i go with some other products”
Manish
Rajnish
Let me reply for each thing you asked .
Jeevan Anand is one of the money back or Endowment plans . I have talked about them in my earliar articles about them .
First thing is what do you want ?
If its Insurance : Term Insurance is the only asnwer .
If Its Insurance and Investments both : then you can go for MF + TERM combo .
In any case Term Insurance is the thing to go for .
Who says “Term Insurance” is best and only thing one should consider for Insurance .
– Sandip Bandopadhyay , CEO , Reliance Money
– Monika Halan , Chief Editor , Outlook Money
– All CFP’s across India and worldwide
The reason why your friend is calling is waste may have some reasons .
– He does not understand the product himself .
– He does not understand what Insurance means ?
– What is the best interest of a customer in need of Insurance .
– Commisions from Term Insurance is very small when compared with Other Policies .
The shortest advice i can give is “Go for Term Insurance”
Now lets come to other things .
your age will be 26 or 27 depening on the company way of calculation .. generally its “completed years” . Better to take term insurance before your birthday .
I have read it … the topic demands a sepearate article for it . wait !! ..
thanks for asking that question 🙂
Manish
manish . you did not comment on my comment. please make some note on it. thank you
swathi … check your mail
Hey manish can u send the ppt to my gmail id :
[email protected]
It is not loading in my system..
hye manish.
i don’t knwo whether this article comment is right place to ask this question or not
i want your view on lic jeevan anand policy.it is not exactly that but multiplan .one of my friend is lic divisional officer. i ask him about term insurance but he said it is waste and gave me some other options(multiplan similar to jeevan anand.). my DOB is 22/05/1982. if i take policy before 15th may 2009 will my age be 26 or will it be 27.this policy gives return of 10.66 % mentioned in the policy chart.
yearly premium is :- 81252
risk cover :- @ 27 age it is 260000 normal and @ 56 age it is 11600000.
marutiy period:- 30 years and maturity value will be around 11600000.
after maturity i will be insured @ age upto 99 years. and cover will be 2500000 normal.
it is not unit linked and will give me bond paper. please have a look and suggest me shall i go for it.