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LIC has been in the insurance field over the last 60 years providing life insurance for over 30 crore customers in India. They have been coming up with schemes according to the taste and trend. They have been the primary investment provider to the Govt of India on various development projects. A look into why they have been the best when compared to their competitors., Asset.They have huge assets with them. Over 30 crore customers have taken LIC policy making them the biggest asset holder in the country. Brand. A Govt organization which is truly rely on their words everyone can believe in. Trustworthy. Returns. They provide 6.5-7% guaranteed returns on schemes running over 20-25 years which is not possible by any other insurer. banks themselves rely on continuous monetary policy adopted by RBI and frequently change their interest rates. Banks that provided 9-9.5% interest rates a decade ago now offer only 7% whereas LIC assured guaranteed returns. Claim settlement. Policies ...

This post explains my experience on entry tinto the indian stock markets. This can guide you in a way to avoid the frequently committed mistakes when one enters into the big bash of trading. The trap I fell into was looking into the past trends of stocks (say a year) and their returns. Most of the stocks were penny stocks which yielded around 200% returns in the last 1 year but they were purely operator driven. When entering into stock market investing you should do more research on the current events. Especially the US currency and US stock markets which drive the globals stock trend. After that you should look for large cap stocks (say asset with 50000 crore Rs). Banks and Pharma stocks can be bought initially since these 2 sectors favorable offer good returns if invested for 1-2 years. Don't fall into the trap of making quick money and invest in penny stocks (say asset with 30-500 crores). These will be company/oprator driven and wont give you a favorable return. If ...

Having a financially balanced life may seem more difficult these days due to inflation and the living cost having gone northwards. However everybody wants a peaceful balanced life. We can follow the below technique towards achieving that. We ought to save around 40% of our total income towards achieving a financially balanced life. For example, if a person earns 1 lakh per month below is the breakup., 5% of savings towards health insurance                 - Rs. 5000  per month 5% of savings towards life   insurance                 - Rs. 5000  per month 5% of savings towards mutual funds                     - Rs. 5000  per month 5% of savings towards stock markets                   - Rs. 5000  per month 5% of savings towards GOLD             ...

Before going any further about explaining/justifying the post title, let me give you an example. The experience of me. Like everybody I too wanted to make quick money and opened a stock market account. I was a die hard follower of moneycontrol.com and CNBC TV18 News channel. I did tremendous research of all the Top companies and studied their stock performance. But despite all those efforts I fell into the trap of making quick money instead of thinking about long time investment. I bought penny stocks a lot and failed to make money. Eventually I lost close to Rs. 1 lakh despite having invested Rs. 10 lacs into a numerous number of stocks. It was later that I realized that only 20% of the savings amount has to be used for stock markets. Moreover they have to be invested in large cap stocks which give a steady performance along with good profits that the company makes every quarter. Remaining 80% has to be placd in mutual funds, Bank Fixed Deposits, Post office schemes, Bank Recu...