DECIDE YOURSELF.......WHERE YOU WANT TO BE?

A recent survey conducted by an international agency on  India's financial literacy... 

The findings were so striking as follows...

*67% of the Indian understands insurance is the investment...

*93% Indians think gold is an investment,* in fact this asset class is used for hedging...

Returns should overcome the inflation means exactly what? *Only 2%  Indian answered it...

*22% of Indian think MF SIP is the name of a scheme...

*88% of Indians do not know what is assets allocation...

*63% of the people consider investment in mutual fund is like buying a insurance policy.* They call we bought MF policy...

*92% people after their retirement depend on the children

* 8% who plan for retirement  61% of it resort to  insurance which gives returns less than 4.5%...

*Only 0.042% people aware about complete Financial Planning...*

*ONLY 5% of people have health insurance,* in Japan this percentage is 92% & in other developed countries this proportion is 79%...

*In India 36% people invest in insurance out of which only 7% people have taken term insurance..

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by source