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DIY Investor Workshop Webcast Part 1

Between Nov 1st 2014 to Nov. 2015 we* conducted several investor workshops at Chennai (thrice), Bangalore(fives times!), Mumbai (once), Delhi (twice), Pune(once) and Hyderabad(once). *Each event had multiple speakers. Ashal Jauhari joined me for the last four events.

Video segments from Ashal’s talk were posted last week: Can you really save tax with a home loan?!

Due to multiple reasons (health, travel fatigue, incompatible time schedules etc.) Ashal and I have decided to put these workshops on hold at least for a while.

Before the Chennai floods, I was planning to hold these workshops in webinar mode. The webinar idea was delayed because my son did not go to school for a month due to rains!  Soon after I decided to make short videos, many of which had slides used in the workshops. Here are a couple of links:

The webinar lost stream and I realized it is better to simply post the presentation on youtube in parts – should have listened to Ramesh Mangal earlier!

Without further ado, here is part 1. Relevant notes and links are provided below. I am conditioned to speak before an audience. I hate talking to a computer. I hope I have not lost concentration and make reasonable sense.

References and Notes


Nested Dolls picture credit: James Lee

A person’s financial castle with multiple moats.

Term Life Insurance:

Emergency Insurance

Health Insurance

  • How to Buy a Health Insurance Policy
  • Things to do AFTER you buy a health insurance policy
  • Go for individual cover if possible
  • For floater plan try not to include senior citizens or those who are of fragile health.
  • Do not buy a top-up policy for your company mediclaim!
  • Try to increase sum insured each year.
  • Open a recurring deposit or deposit some amount each month for the annual premium. Remember that premium can increase due to a number of reasons.
  • Reg. hosp costs: Please check with local hospitals in your neighbourhood reg the cost of a ‘decent’ private room. Suppose this is Rs. 5000 a day, your cover should at least be 5000/1% = 5 Lakhs.  Here 1% is the room rent sub-limit (mentioned incorrectly as 2% in the video). If the room rent is much higher, it is better to go for a policy with no sub-limits.

Accident Insurance

Action Plan Insurance

  • The child planner  has a section which allows you to discuss with your spouse as to how the term life insurance sum should be managed (in the unfortunate event of your death).
  • MF Utility account (suggested by Balaji Swaminathan) can be opened for the spouse/partner to get access to all your direct mutual fund holdings

If you have any observations or questions please leave a comment. 

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Updated: September 4, 2018 — 10:50 am
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