DarshD Blogs & Interviews!

We all wonder about Insurance policies and whether we should categorize them as investments. According to Merriam-Webster Dictionary , Insurance is a  ' coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril .' Insurance is a financial product which helps us to channel our funds to protect us from future contingencies. We transfer our risk to an Insurance provider by paying insurance premium. So, the payment of premium seems similar to the installments of recurring deposits and in fact, when we have a policy which provides us a lump sum amount at the end of the term or some return in between, it does look like an investment. Not to mention, Unit Linked Insurance Policies (ULIP) which provide returns depending on the share market investment of the Insurance company. But is it really an investment? The YES answer is because it’s an investment in your future and in your life.  1...

Thousands of people jobless due to computers. Now, millions of people jobless due to robots. Sounds harsh, right? Also disagreeable due to the computer scenario being not so bad. There is also a News Report by Bloomberg that 200,000 jobs in banking are at loss due to robots in the next decade (2020-2030) - Link Well, how did we handle the computer revolution? By helping every person of any age to get accustomed to the computers. Many countries now have IT (Information technology) as a mandatory subject in their school and colleges. Many workplaces try to provide basic computer training to their employees free of cost, as a long term investment into their business because when nobody fires a senior experienced employee to get a tech savvy novice having zero experience fresh off the college. Now, with increasing penetration of technology, I think it will make non-tech people irrelevant. While finding a finance job, now with accounting knowledge, you need technical knowledge...