Year after year, the winners in various categories of our personal finances remain constant and consistent.
For many this predictability is so boring and monotonous. They want excitement. They want action. They want change.
But, for the smart investors, this very obviousness and unambiguity is an excellent virtue. It makes making money and becoming rich so simple and straightforward.
So without much further ado, let me "repeat" the list of those who are rated the best in each category.
For those unaware of such a list, this is a short and crisp 2-minute lesson in personal finance. And for those who have read about it earlier, this is a much-needed reminder (like physical exercise, you have to practice these best practices regularly, to derive the best benefits).
Best Life Insurance : Term Policy
Best Health Insurance : Conventional Indemnity-based Medical Insurance Policy
Best Credit Card : Low Interest, Low Limit, Low Usage
Best Property : Affordable
Best Gold : Gold Exchange Traded Fund (Gold ETF)
Best Fixed Deposit : AAA quality borrower
Best Equity Share : Excellent Management
Best Mutual Fund : Matching your Profile
Best Loan : Lowest EMI per lakh for a given tenure
Best Pension : Make your own Plan
Best Tax : No winner (all taxes hurt)
The reliability to foresee the right outcomes has one big advantage... we are able to avoid the "expensive" mistakes.
Hence...
Take these winners with full faith and trust
+ Get your focus right (remember that becoming the best investor in the world is not our aim)
+ Add a liberal dose of discipline and patience
= And the perfect recipe to become a crorepati is ready.
For many this predictability is so boring and monotonous. They want excitement. They want action. They want change.
But, for the smart investors, this very obviousness and unambiguity is an excellent virtue. It makes making money and becoming rich so simple and straightforward.
So without much further ado, let me "repeat" the list of those who are rated the best in each category.
For those unaware of such a list, this is a short and crisp 2-minute lesson in personal finance. And for those who have read about it earlier, this is a much-needed reminder (like physical exercise, you have to practice these best practices regularly, to derive the best benefits).
Best Life Insurance : Term Policy
Best Health Insurance : Conventional Indemnity-based Medical Insurance Policy
Best Credit Card : Low Interest, Low Limit, Low Usage
Best Property : Affordable
Best Gold : Gold Exchange Traded Fund (Gold ETF)
Best Fixed Deposit : AAA quality borrower
Best Equity Share : Excellent Management
Best Mutual Fund : Matching your Profile
Best Loan : Lowest EMI per lakh for a given tenure
Best Pension : Make your own Plan
Best Tax : No winner (all taxes hurt)
The reliability to foresee the right outcomes has one big advantage... we are able to avoid the "expensive" mistakes.
Hence...
Take these winners with full faith and trust
+ Get your focus right (remember that becoming the best investor in the world is not our aim)
+ Add a liberal dose of discipline and patience
= And the perfect recipe to become a crorepati is ready.
