Often one is sold (or at least made an attempt to!) products/ schemes/ investments which seem great, and sometimes too good to be true. But these great things are usually built upon some assumptions, some seemingly credible, some seemingly shady. But are all these premises true or there is more to it than what meets eye? Few instances - - An insurance/ ULIP agent selling us policy which gives x % returns (but assures nothing, so you may be exposed to more risk than what you think) - SIP returns calculator letting you calculate based upon "assumed" 15% rate of returns (reality can be different on either side - so, be aware of both scenarios unless you are an incorrigible optimist!) - Bank FDs giving assured rate of returns, assume that banks will be able to return money (or the government, partly, if the bank goes bust!) - Assumption that real estate will grow @ x% and give "assured returns"? Or your will earn rent equivalent of EMI (don't understand how!
I write little bit about miscellaneous topics. Ranging from personal finance to short stories to poems to random musings!