The Compound Annual Growth Rate (CAGR) is a frequently mentioned rate in investment analysis. When you hold investments for a number of years, in some years the rates are higher than in other years. The rates keep changing from year-to–year. The CAGR smoothens a number of annual rates that an investment may give over a… Continue reading What is CAGR? How should it be used in investment decision-making?
Hygiene and Sanitation Tips Another very important way of reaching out to your existing customers is giving tips on hygiene and sanitation. Good personal hygiene is paramount along with social distancing. There are many aspects of personal hygiene that we ignore in daily life. We wash hands as a habit, but not in a manner… Continue reading Corona Strategy – 3
Explain the fall in NAVs and exit strategies to your customers Identify the customers in your list who have made mutual fund or ULIP or share investment. Explain to them how to decide whether to remain invested in the MF or ULIP or share. In this article I give you a scientific way of going… Continue reading Corona Strategy – 2
Start Communicating with Your Customers During periods like this, with a lock down in force and more to come, you should not lose contact with your customers. It is very important to maintain the lines of communication. The whole population is apprehensive. What will the future be? Some are worried about their jobs. Some are… Continue reading Corona Strategy – 1
I acknowledge that it is actually a little too early to make a detailed assessment of the impact of the Corona Virus on the life insurance business. The full economic impact of the virus is not known as of yet. But one thing is clear, you can forget the way you did business in the… Continue reading Corona will change the way life insurance business is conducted
Simply buying a ULIP or a mutual fund does not get you returns, no matter what the past history of return on the fund was. In fact never look at the past history. There are two circumstances when you have a higher possibility to earn money on ULIPs. The two conditions are When you buy… Continue reading When do you earn money on ULIPs or Mutual Funds?
The National Pension Scheme offers investors options in the kind of investment fund they would like to invest, based on their risk appetite. Among the options are equity based investments, where up to 50 % and up to 75 % of the invested amount is invested in equities or shares. The primary objective of choosing… Continue reading Pension Schemes should be Defined Benefit
The share market is crashing and we do not know when it will stop crashing. In the recent past the BSE SENSEX crashed from a peak of about 41000 to 27000, currently. This represents a fall of about 34 %. The SENSEX is at approximately 65 % of what it was in February, 2020. Continue… Continue reading What happens to MF Investments Now?
A life insurance agent is a trustworthy member of the customer’s family. Many agents are a part of the customer’s family social and family functions. It is expected that in such a relationship you will educate your customers about the virus and tell them the importance of taking care. This will go a long way… Continue reading Corona virus? What Should the Agent Do?
Good question. It is like asking why do people drive fast on the roads. All people do not drive fast or rash. Some people enjoy driving fast because it gives them a thrill. They feel very elated when they drive fast and see that they are overtaking every body else on the road. There is… Continue reading Why do People Buy Risky Investments?
