same cover, had told him to get this 10 yrs back.
So the Right time = First year of first job.
P.S. - At what age did you buy? Or still waiting?
#Secureyourtomorrow
Term insurance at 25 vs 30 - The ₹60,000 mistake most people make
"I'm young. I'll buy later."
Here's what "later" costs:
₹50 Lakh Cover Premium:
↳ Age 25: ₹6,000/year (30 yrs = ₹1.8L)
↳ Age 30: ₹9,500/year (25 yrs = ₹2.4L)
↳ Age 35: ₹14,000/year (20 yrs = ₹2.8L)
Age 25, ₹30K salary?
Your lifetime earnings = ₹2-3 crore
₹50L cover = Bare minimum
Every month delay = ₹500-1000 wasted forever.
I just helped a friend at 42 to get a term policy, and the health checkup showed some issues.
He ended up paying 40% more premium for the
Does anyone remember 2011 fall in #Silver ? No one had time to exit, you know why?
Let me tell you the story as I was a trader in Silve too, back then.
29.04.2011, It was Friday, Silver closed at $48. Everything was great it was near or above 1980 highs.
02.05.2011, Monday morning, 3 or 4am Osama Bin Laden was killed, and news was out early in the morning. People had no chance to exit in MCX as it opened 4% gap down. I called up my mentor @entrepreneur987 and discussed the consequences.
Silver down $48 to $33 in just 5 sessions. That's how quick the move was. I remember many brokers & sub brokers gone bust as clients defaulted from payments due to losses. No proper risk management. In fact, the heads of the broking companies had to visit clients and sub brokers houses in Bangalore to get the payments. It took them 2-3 years to recover from this chaos. Another crack in September 2011, Silver dropped from $44 to 26 in 15 sessions.
People have not seen how quickly this commodity changes its color
Today, 170k to 153k, that's 17,000pts in a single day.
Always remember the rule "Any stock/sector/Index retest its previous highs for the 1st time after many many years, always book profits. It works 7/10 times, does not matter if you fall in 30% misses but you get right in 70%
It's always better to be safe than getting caught by chasing the last few %
This is a 45-year pattern that takes time to develop and complete the pattern
Have patience never chase after a euphoric move. Find the next 40-50%
There is always a "New Bull Market somewhere". Just find that 😀
#Silver
You insure your car, right?🚗
Why not your life, health, and retirement?
#Investmentplanning is the grown-up version of “just in case.”
Protect what matters.🩺👵
#Secureyourtomorrow
#InvestmentPlanning isn't just about growing wealth—it's about securing your future.
Retirement planning, insurance, and mediclaim protect you from uncertainty and give peace of mind.
Plan now, relax later. 🌱
#Secureyourtomorrow
Reason 3: You prefer investments with cash value. A term plan is pure protection—no savings. If you want a product that builds cash, term insurance isn't it.
Educational Thread:
3 reasons you might NOT need term insurance. Most advice tells you to buy it, but for some, it's an unnecessary expense. Let's break down who can skip it. #FinancialLiteracy#TermInsurance
Reason 2: You're financially independent. If your savings, investments, and assets are large enough to cover your dependents' needs, insurance is redundant.
Bottom Line: We’ve won the awareness battle, but lost the participation war. Time to simplify, educate, and build trust.
India’s economic growth story needs retail participation. Are you in the 9.5% or still watching from the sidelines?
#MutualFunds#FinancialLiteracy
🚨 The Indian Investment Paradox
🚨
63% of Indian households KNOW about stocks & mutual funds
But only 9.5% actually INVEST
That’s less than 1 in 10 families putting money in markets! 📊
The Reality Check:
•Urban areas: 15% participation
•Rural areas: Just 6% participation