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. 

Do share if you found this useful

Create a "from start to finish" financial plan with this unique open-source robo advisory software template

 Don't like ads but want to support the site? Subscribe to the ad-free newsletter! 
You will get the full post-ad-free delivered to your inbox for Rs. 3000 a year. Follow this link to read the terms and sign up! 

About the Author M Pattabiraman author of freefincal.comM. Pattabiraman is the co-author of two books: You can be rich too with goal based investing and Gamechanger. “Pattu” as he is popularly known, publishes unbiased, promotion-free research, analysis and holistic money management advice. Freefincal serves more than one million readers a year with numbers based analysis on topical issues and has more than a 100 free calculators on different aspects of insurance and investment analysis, including a robo advisory template for use by beginners. Contact information: freefincal {at} Gmail {dot} com He conducts free money management sessions for corporates (see details below). Previous engagements include World Bank, RBI, BHEL, Asian Paints.

Content Policy

Freefincal has original unbiased, conflict-of-interest-free,  topical reports, reviews, commentary and analysis on all aspects of personal finance like mutual funds, stocks, insurance etc. All guest authors and contributors to the site also do not have any conflict of interest. If you find the content useful, please consider supporting us by (1) sharing our articles and (2) disabling ad-blockers for our site if you are using one. No promotional content We do not accept sponsored posts and link exchange requests from content writers and agencies. This is our privacy policy Our website is non-profit in nature. The revenue from the advertisement will only be used for hosting charges, domain registration charges, specific plugins necessary for traffic growth and analytics services for search engine optimisation.
Want to conduct a sales-free "basics of money management" session in your office?
I conduct free seminars to employees or societies. Only the very basics and getting-started steps are discussed (no scary math):For example: How to define financial goals, how to save tax with a clear goal in mind; How to use a credit card for maximum benefit; When to buy a house; How to start investing; where to invest; how to invest for and after retirement etc. depending on the audience. If you are interested, you can contact me: freefincal [at] Gmail [dot] com. I can do the talk via conferencing software, so there is no cost for your company. If you want me to travel, you need to cover my airfare (I live in Chennai)

Connect with us on social media

Do check out my books

You Can Be Rich Too with Goal-Based Investing

You can be rich too with goal based investingMy first book is meant to help you ask the right questions, seek the right answers and since it comes with nine online calculators, you can also create custom solutions for your lifestyle! Get it now.  It is also available in Kindle format.
Gamechanger: Forget Startups, Join Corporate & Still Live the Rich Life You WantGamechanger: Forget Start-ups, Join Corporate and Still Live the Rich Life you wantMy second book is meant for young earners to get their basics right from day one! It will also help you travel to exotic places at low cost! Get it or gift it to a young earner

The ultimate guide to travel by Pranav Surya

Travel-Training-Kit-Cover This is a deep dive analysis into vacation planning, finding cheap flights, budget accommodation, what to do when travelling, how travelling slowly is better financially and psychologically with links to the web pages and hand-holding at every step.  Get the pdf for ₹199 (instant download)

Free Apps for your Android Phone

All calculators from our book, “You can be Rich Too” are now available on Google Play!
Install Financial Freedom App! (Google Play Store)
Install Freefincal Retirement Planner App! (Google Play Store)
Find out if you have enough to say "FU" to your employer (Google Play Store)

Blog Comment Policy

Your thoughts are vital to the health of this blog and are the driving force behind the analysis and calculators that you see here. We welcome criticism and differing opinions. I will do my very best to respond to all comments asap. Please do not include hyperlinks or email ids in the comment body. Such comments will be moderated and I reserve the right to delete the entire comment or remove the links before approving them.
Updated: September 4, 2018 — 10:50 am

Leave a Reply

Your email address will not be published. Required fields are marked *