Policy matters!

Rajesh was quite excited about the progress, so far. He was working for a software company and had now cleared his interview with a consulting company.

He had to meet the VP of the division before the roll out of his offer.

'Should be just a formality to meet the head of the division', Rajesh thought.

He was waiting outside the VP's room for the chat.

The HR manager emerged from the VP's room and pulled Rajesh in for the final round.

Rajesh glanced at the VP, smiled. This guy should be a veteran (aka old guy :-) in this industry, he smiled  as the VP greeted him.

VP- ' Hi , I am xxxx. Please be seated'

Rajesh - ' Hello..... Thanks'

VP- ' Your profile looks awesome and the comments of the interviewers, impressive'

Things beyond money

Over the years, updating the blog on a regular basis has become a real difficult task. Not that I don't have the time to do so. To be honest, I have really run out of ideas on personal finance articles. The articles that have been written can be classified  into a few broad categories and the investment ideas primarily running around SIP in Equity MF , bashing ULIPs, real estate , tax planning etc.

So, was in two minds as to whether should start a new blog to write more of generic stuff. Then thought , ' why not continue here at ideasmoney'. Now, the blog is officially on version 2.0 and the theme is to genuinely look beyond personal finance . This does not mean  that personal finance posts would be discontinued hereafter.

This is again an attempt to metamorphosize the blog  and I am eager to see how it shapes out.

Medical insurance

This post is not regarding the best medical insurance policy or whether you need a medical insurance. If you are one who have a medical insurance , this post is for you.

1. Have the medical insurance information handy to yourself and your family members. If there is a medical insurance card provided by the insurer or service provider, have the card in an accessible and safe place.

2. If you are dependent on your employer's medical cover , then please get your insurance details from your employer as soon as you join the company.

3. Track the expiry date of the policy carefully and ensure it's renewed on time by you / you get the renewed policy details form your employer as applicable.

4. Please go through the policy information and be sure as to whom/how  to inform in case of a medical contingency for an insurance approval. Take time to educate your family members on the policy too .( This is important because , your family would need the information when you fall sick).

Same situation, Different reaction !

When there is a discount SALE on clothes, FMCG, gadgets, car....We grab the opportunity and buy

But when stcoks are beaten down and are available at cheap prices , we PANIC instead of buying.

Stock market downturn, most of the times are great opportunities to invest for the long term.

From next time when there is a SALE in stock market, dont PANIC. Look for OPPORTUNITIES

Confusion of Mr. i , Q3 2011, Where to invest my money?

Note: - Click on the image to see enlarged picture.

Just for fun and  not to be taken as  a serious advice :-)