Inflation is running high. Market is tanking. Geopolitical stability is at stake. How do investors keep their cool and stay focused? This was the topic of Dollar Mentor's recent Ask-Learn-Share discussions. Sid, Souvik and Sanjib meet up to recap the highlights from those discussions and share their feelings as the roller coaster ride continues.
Sid, Souvik and Sanjib meet up for an engaging discussion on Life Insurance, in particular, why some people might see it more as an investment rather than a risk mitigation strategy. Souvik explains moneyback life insurance policies - a product he came across while working in India. Sid wonders if Life Insurance Retirement Plan (LIRP) is really beneficial for the insured person. Sanjib notes that it's definitely beneficial for the agent and the insurance company.
Sid, Souvik and Sanjib meet up again to dive deeper into the various types of annuities. Souvik makes a point that deferring Social Security should be considered first before annuities. Sid isn't sure if the tax treatment is really useful given the fees. Plus, how are Index Annuities implemented using derivatives?
Sid, Souvik and Sanjib meet up to record a podcast together for the very first time. They talk about investing in annuities. This introductory episode covers a few basics concepts about annuities: What they are, how do they work, and should we consider investing in one. Stay tuned for a follow-up session for a deeper analysis.
Sanjib and Souvik discusses why Investment Education is important for everyone, and why Dollar Mentor has decided to focus its activities and services on investment education. Souvik shares what he likes the most about the Ask-Learn-Share program - a monthly group discussion, open to everyone, for diving deep into specific investment topics. Sid summarizes his takeaway from a recent Ask-Learn-Share discussion about goal-based investments.
Rumela (podcast host) is delighted to learn that Dollar Mentor has recently published financial education presentations, but she isn't convinced that Financial Planning is the right topic to start with. Sanjib (president and co-founder) explains why financial planning is critical for a secure and successful financial future.
Join Rumela (podcast host) and Sanjib (president and co-founder) to get an introduction of Dollar Mentor. It will answer many questions you might have about this organization. As a bonus, Ishanie presents some information about how Americans fare in financial education. She shares a few financial literacy questions from a nationwide survey. Stay through the end to find out if you got the answers right.