trent Posted October 29 Report Share Posted October 29 SBI manager okaru idi good investment option ani saying and couple of my friends already took it. like 6lac premium yearly for 5 yrs so 30 lacs over 5 yrs pay cheyali plan ki. then 18th yr lumpsum tesukovachu or 6 th yr nunchi 3 lacs per yr until age 70 varaku tesukovachu.. etc etc or e 30 lacs sp500 lo pedithe better returns ravacha? 1 Quote Link to comment Share on other sites More sharing options...
psycontr Posted October 29 Report Share Posted October 29 9 minutes ago, trent said: SBI manager okaru idi good investment option ani saying and couple of my friends already took it. like 6lac premium yearly for 5 yrs so 30 lacs over 5 yrs pay cheyali plan ki. then 18th yr lumpsum tesukovachu or 6 th yr nunchi 3 lacs per yr until age 70 varaku tesukovachu.. etc etc or e 30 lacs sp500 lo pedithe better returns ravacha? SBI plan is insurance + investment scheme which is waste. SBI manager good ani chepthadu bcoz he want to sell and meet his targets and get his bonus. India lo aeithe put money in Nifty50, US aeithe SP500 for relative safe bet over longterm. 1 Quote Link to comment Share on other sites More sharing options...
Xtian_Teddy Posted October 29 Report Share Posted October 29 31 minutes ago, trent said: SBI manager okaru idi good investment option ani saying and couple of my friends already took it. like 6lac premium yearly for 5 yrs so 30 lacs over 5 yrs pay cheyali plan ki. then 18th yr lumpsum tesukovachu or 6 th yr nunchi 3 lacs per yr until age 70 varaku tesukovachu.. etc etc or e 30 lacs sp500 lo pedithe better returns ravacha? yeah same was told in. my last visit Quote Link to comment Share on other sites More sharing options...
trent Posted October 29 Author Report Share Posted October 29 17 minutes ago, psycontr said: SBI plan is insurance + investment scheme which is waste. SBI manager good ani chepthadu bcoz he want to sell and meet his targets and get his bonus. India lo aeithe put money in Nifty50, US aeithe SP500 for relative safe bet over longterm. yes, 40 lacs arund insurance vuntadi. sp500 and other best etfs vunnaya like monthly sips? Quote Link to comment Share on other sites More sharing options...
psycontr Posted October 29 Report Share Posted October 29 1 minute ago, trent said: yes, 40 lacs arund insurance vuntadi. sp500 and other best etfs vunnaya like monthly sips? VTI, SCHD, FBCG, JEPI etc etc over to @Konebhar6 1 Quote Link to comment Share on other sites More sharing options...
VictoryTDP Posted October 29 Report Share Posted October 29 3 minutes ago, trent said: yes, 40 lacs arund insurance vuntadi. sp500 and other best etfs vunnaya like monthly sips? Don't, recent ga India Vella almost sign-up chesi back out ayyanu I didn't find it useful 1 Quote Link to comment Share on other sites More sharing options...
trent Posted October 29 Author Report Share Posted October 29 5 minutes ago, VictoryTDP said: Don't, recent ga India Vella almost sign-up chesi back out ayyanu I didn't find it useful direct maname invest chesukovadam better antava markets lo Quote Link to comment Share on other sites More sharing options...
VictoryTDP Posted October 29 Report Share Posted October 29 3 minutes ago, trent said: direct maname invest chesukovadam better antava markets lo Yes bro Quote Link to comment Share on other sites More sharing options...
ahimsavaadhi1 Posted October 29 Report Share Posted October 29 Personally I feel sips are better and also to some extent some mutual funds than these Insurance linked plans. i started these insurance linked plans 10 years ago when im young and i dont see any advantage .. instead i should have chosen a sip. hindsight is 20/20. 1 Quote Link to comment Share on other sites More sharing options...
Popular Post ManchamKodi Posted October 29 Popular Post Report Share Posted October 29 53 minutes ago, trent said: SBI manager okaru idi good investment option ani saying and couple of my friends already took it. like 6lac premium yearly for 5 yrs so 30 lacs over 5 yrs pay cheyali plan ki. then 18th yr lumpsum tesukovachu or 6 th yr nunchi 3 lacs per yr until age 70 varaku tesukovachu.. etc etc or e 30 lacs sp500 lo pedithe better returns ravacha? appadaivaraku brthakamu ani SBI manager gadiki telusu 4 1 Quote Link to comment Share on other sites More sharing options...
Konebhar6 Posted October 29 Report Share Posted October 29 2 hours ago, trent said: yes, 40 lacs arund insurance vuntadi. sp500 and other best etfs vunnaya like monthly sips? My Insurance plans from Axis (Prudential anukunta) are doing excellent. Not so great from ICICI. ICICI create wealth for themselves not for customers. 1 Quote Link to comment Share on other sites More sharing options...
Konebhar6 Posted October 29 Report Share Posted October 29 1 hour ago, ahimsavaadhi1 said: Personally I feel sips are better and also to some extent some mutual funds than these Insurance linked plans. i started these insurance linked plans 10 years ago when im young and i dont see any advantage .. instead i should have chosen a sip. hindsight is 20/20. If you are allowed to do MFs SIP in india. Now is a good time to start with a big lumpsum. Indian markets have fallen a lot . Quote Link to comment Share on other sites More sharing options...
jalsa01 Posted October 29 Report Share Posted October 29 3 hours ago, trent said: SBI manager okaru idi good investment option ani saying and couple of my friends already took it. like 6lac premium yearly for 5 yrs so 30 lacs over 5 yrs pay cheyali plan ki. then 18th yr lumpsum tesukovachu or 6 th yr nunchi 3 lacs per yr until age 70 varaku tesukovachu.. etc etc or e 30 lacs sp500 lo pedithe better returns ravacha? No way it's a trap... Buy a term insurance for 1cr (yrsly premium would be 40-60k) depending on your age and do a sip for remaining amount (5 lakhs) every month around 40k for 5 years and leave it for same period like 15 yrs.. your corpus would be around 2 cr.. this way you get 1cr insurance and a lump-sum after 20 yrs and do what ever you wish.. 1 Quote Link to comment Share on other sites More sharing options...
bulreddy Posted October 29 Report Share Posted October 29 BOTH. SBI i did almost 7-8 years back . almost same plan like TS said. ippudu more than double vundi. after some years or even now i can you can withdraw them . or end of the maturity that money can be in bank , and you get monthly untill your death. as well as do some in S&P as well. Quote Link to comment Share on other sites More sharing options...
phatposts Posted October 29 Report Share Posted October 29 SBI plan fees is high, Any plan with insurance+investment is a NO NO - the insurance component ends up eating al your payment premiums. There are so many good and solidly backed funds for S&P 500 investment with minimal fees. Indian stocks meeda ikkada undi pettadam no no imo. Inflation, forex, fund fees ivanni calculate cheyyadam chala kashtam for the normal joe. Take term life insurance and invest the rest in a DCA driven portfolio slowly. Remember - you should start but need be waiting to invest. Starting and keeping up is >>>>buying at the right price. 1 Quote Link to comment Share on other sites More sharing options...
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