Archive for Case Study

Judge this one by the COVER

December 11, 2008 admin Case Study, Financial Planning
Publication: The Times Of India Mumbai;   Date: Dec 11, 2007;    Section: Your Money;   Page: 40
Life insurance is for the risk of dying early, not the risk of living long. Too many people buy it for the wrong reasons
MEET THE FAMILY
The Sharmas live in a lovely flat in Cuffe Parade. Anup, 55, is a successful businessman, and his wife Laxmi is a homemaker. Their daughters Neha and Nikita, both in their mid-to-late twenties, are married and independent. Anup and Laxmi have sizeable assets, and no liabilities. But as for their insurance…well, let’s just say it needs a bit of streamlining. » Read more..

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Twice the effort: Amar Pandit

November 25, 2008 admin Case Study, Financial Planning

Publication: The Times Of India Mumbai; Date: Nov 25, 2008; Section: Your Money; Page: 23

MEET THE FAMILY Akshay Mathur is a corporate executive and a single parent in his late thirties. His wife, Shalini, died a few years ago. Their two 10-year-old daughters, Kirti and Poorti, are in class five. Despite a substantial income, Akshay has but a tiny surplus.

Playing dad and mom to twin girls, and earning for the family, leaves little time for financial planning. But that’s what single parents must be especially careful about. » Read more..

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Plan To Diversify

October 14, 2008 admin Case Study, Financial Planning
Publication: The Times Of India Mumbai; Date:2008 Oct 14; Section:Your Money; Page Number: 25
A smart businessman, who had most of his investments only in business, realises the benefits of diversification
Deepak Shah, a business owner in his early forties, lives in Mumbai with his wife Radha and two daughters Rekha and Jyoti (both 12 years). He was absolutely focused on his business and had most of his savings tied to it. His business had grown well within a short period and like most owners, he invested most of the funds into business.
He always believed that his business was earning good returns and that there was no need to diversify. However, a sharp downturn and losses made him rethink on a strategy.
When we started the discussion, he felt that » Read more..

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High Dose of Realty

September 16, 2008 admin Case Study, Financial Planning, Real Estate

Publication: The Times Of India Mumbai;  Date: Sep 16, 2008;   Section: Your Money; Page: 21

A high net worth businessman is shocked to discover that his returns from realty are not up to the markMost Indians think of real estate as a safe investment. Just because daily quotes are not available, they think of real estate as safer investments. They subconsciously believe that not knowing the current price of an investment makes it less risky.

Rahul Mehra is one such business owner who believed that property is a much safer investment and the only way it can go is up. With this belief, he took exposure to real estate for the last five years. In some properties, he is still making some handsome money. But in properties bought during the last 17 months, he is still in the red from a pure valuation perspective. » Read more..

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Doctors’ Advice

July 29, 2008 admin Case Study, Financial Planning
Publication: The Times Of India Mumbai; Date: Jul 29, 2008; Section: Your Money; Page: 23
A couple of surgeons learns that even if you can’t cure financial risk, you can certainly control it
Swati and Jayant Pradhan, both successful surgeons in their early forties, have no shortage of money, but never enough time. They have relied on investment advice from their banks, insurance advice from their insurance agents, and tax advice from their chartered accountant. Many ad hoc decisions later, they ended up with a lot of products. So although things looked fine on the surface, their finances were exposed to several risks. » Read more..

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Reality check

June 17, 2008 admin Case Study, Financial Planning
Publication: The Times Of India Mumbai; Date: Jun 17, 2008; Section: Your Money; Page: 23

A Bollywood hero with box office success and plenty of riches gets the ticket to financial health
Tinselworld has never looked shinier. With the boom in the entertainment industry, celebrities are clinking glasses over record numbers, be it endorsements, film contracts or reality shows. Aryan Malhotra is a star who has taken Bollywood by storm. Now, in his early forties, his pace is less hectic than it used to be, but he’s still very busy with films, endorsements, and shows abroad. His lifestyle leaves him with little time for financial matters, and he relies onhis CA and banker for advice.

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Do homemakers require life insurance policies?

May 29, 2008 admin Case Study, Financial Literacy, Life Insurance

Publication: The Economic Times Mumbai; Date: May 29, 2008; Section: Personal Finance; Page: 21

Anju Grewal, a housewife in her mid-30s, agreed to buy life insurance after been chased by her cousin. Though she gave in to social obligations, she was not sure whether she should buy the investment oriented insurance policy pitched to her. Many people, including Anju, believe that insurance is a forced form of savings. Hence the key message thrust on them is that insurance will not only provide some cover to your family, but can also give you some amount on maturity.

“Do I need life insurance?” was Anju’s question. To find an answer, we must understand what life insurance exactly is. Life insurance is primarily a tool by which an individual can transfer the financial risk (to his/her family) of his/her early or untimely demise to the insurance company.

» Read more..

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