Why Term Insurance with return of premium (TROP) is a marketing gimmick by Insurance Companies?

A Thread

Insurance Companies offered pure term insurance but with Indian mentality thinking "If I live till the policy term I w'd lose entire premium, but those people never (1/7) understood that you have life to enjoy"

Keeping this in mind Insurance companies floated "Term Insurance with return on premium" where in you get your entire premium paid back

Is it worth paying extra premium, answer is Maths & Maths never lie

Data from ICICI Pru Life (2/7)

Thread

How I got Saved from a Fraud after listing a item in OLX

Modus operandi as follows:
Once you list an item, fraudster will call you with an intention to buy and suggest paying by Paytm

They wont pay directly in ur paytm a/c but will send you a QR code of Rs 1 stating it is a prepaid card, Scan the code , don't enter pin, enter only once I tell you & Rs 1 will be debited from your bank account. Immediately Rs 2 will be credit in your paytm account by fraudster.

There by winning your trust

QR code as attached in Image

Thread on PE and Valuations of NIFTY 50 PE.
I have made it easy for beginner to understand

P/E ratio simply means how much money you are paying to generate 1% returns.
For Example: If a share is quoting at P/E 25, it means you are paying Rs 25 to earn 1 from that company.
(1/n) You must have heard abt “Over Valued”, ‘Expensive” and “Under Valued”, what is the rationale behind the above statement.
Let us explore
Imagine u purchased RBI Bond with an interest of 7.75%.
It means you pay 100 & u get ₹ 7.75 as interest credited in your bank account (2/n)

CORPORATE JOKE

Agency: " Sir, we found 3 candidates as per your requirements. How do you want their placements, sir?"

MD: "Put about 100 bricks in a closed room. Then send the candidates into the room and close the door, leave them alone and come back after a few hours and analyse the situation:

01. If they are counting the bricks, put them in Accounts department.

02. If they are recounting the bricks, put them in Auditing.

03. If they messed up the whole room with the bricks, put them in Engineering.

04.If they are arranging the bricks in some

Emergency Fund : Stepping Stone of Financial Planning

One of the 1st things u s'd consider b4 u invest is ask below questions to urself -
1. What would I do if I lost my current source of income?
2. How would I survive for the first six to 12 months of unemployment ? You start an investment be it SIP or FD for a purpose of wealth creation and when any kind of emergency takes place, you redeem the amount or break the FD to suffice the requirement of emergency.
While doing so, the compounding effect does not take place.
It is always

What's app forward:

Jet airways ... Is it a Scam ?

👉old promoters took 8000 cr. loan from SBI
👉1800 cr is current outstanding pending
👉 Now old promoters is out of company ( what he did with 8000 + 1800 =9800 cr??)
👉SBI done Takeover with all respect ( including financial) 👉now SBI selling this company in open market ( having residual asset of 1000 cr )

👉 offers are coming on 150 Rs. ( total equity=11.37 cr shares X 150 Rs=1700 cr.)

👉Say new owners buying company at approx.2000 cr

👉therefore loss of SBI is 8000+1800-2000= 7800 cr.