Investment - A perspective

A Cigarette a day. Keeps the Doctor away!

A Cigarette, a day. Keeps the Doctor away.

Perplexed?

Well,

That is addressed to a “Chain Smoker”.

If you are a (Chain) Smoker,

Please read on.

Just keep aside,

One Cigarette on the first Day,

And Two on the Second Day,

And so on …….

Till you reach the level of

Just, One Cigarette Every Day.

Re-deploy

The funds saved

On a suitable Insurance Plan.

That way

You become healthier

And will live much longer

In case,

If your family outlive you,

At least,

Your family Finance

Does not become Unhealthy

Yours truly,

V.DAYANATHAN

Lessons from One Day Cricket

Lessons from One Day Cricket

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Situation A

Team A had to score 300 runs in 50 overs. The opening batsmen were

overcautious. They were waiting for“perfect” loose balls to score a

boundary. They also felt that as there was a good “middle order” down

the line, there was no need to worry.

At the end of 25^th over, 190 runs were needed in 25 overs.

Two wickets had fallen. Pressure was mounting on the middle

order batsmen as the "asking rate" was scaling new peaks.

Situation B

Team B had to score 305 runs in 50 overs. The opening

batsmen had a clear game plan. The batsmen will rotate the

strike and will put runs on the board from the word “GO”.

They will contribute their bit without pushing the

responsibility to “middle order”.

At the end of 25^th over, 140 runs were needed.

Two wickets had fallen. As the "asking rate" was kept under

control, the middle order batsmen were quite cool

Which team would have won the game quite comfortably?

Obviously Team B.

What was the “key” to the Success ?

"PACE THE INNINGS"

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Arun, an electronics and Communications Engineer, aged 23, had just joined a Multinational Company. He had decided to “pick” the lessons from “One Day Cricket”. He had decided to “pace” the savings (read “investing”) from the day “ONE”, instead of pushing it to the Middle age, so that there will not be an “undue” pressure, at a later stage.

He had a two pronged approach. He had taken a “Term Assurance”, the lowest cost Insurance, in the interest of his family, with a 30 year term. He had also taken a “Personal Pension Plan” with a deferment period of 30 years. Having addressed two basic risks of life (“dieing too young” wherein the family suffers due to loss of breadwinner’s income and “living too long” wherein the family feels the burden due to cost of healthcare in the non-earning phase), Arun had the “peace of mind” to enjoy the life.

-An illustration

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THINK!

ACT!

NOW......