On investments in insurance, Rustagi said, "The basic purpose of buying insurance is to ensure that one has risk cover and also it is equally important to ensure that one has adequate amount of risk cover."
On debt repayment, he added, "It makes sense to first try and repay the loan so that you will have money for other goals that you want to achieve."
Also Read: Reverse Mortgage: Loan for the senior citizens
Below is the verbatim transcript of the interview
Q: Investor wants to know if insurance can be bought as an investment option or should the two be kept separate?
A: I do not think it is a great idea to actually buy insurance as an investment product. The basic purpose of buying insurance is to ensure that one has risk cover and also it is equally important to ensure that one has adequate amount of risk cover. Having cover and not having adequate does not mean anything. The problem is when we invest in a product which offers both, invariably one will find that maybe the cover is not adequate. Secondly, it is very expensive in terms of cost. Thirdly, the returns are very low. Yes, there is one comfort especially in the traditional insurance product that one gets assured returns.
Top 10 Long Term Companies To Buy Right Now: Jive Software Inc (JIVE)
Jive Software, Inc. (Jive), incorporated in February 2, 2001, provides a social business software platform. The Company is focused on unlocking the power of the enterprise social graph, which is the extended social network of an enterprise, encompassing relationships among its employees, customers and partners, as well as their interactions with people, content, and business information. The Company's customers use the Company's platform across broad business use cases, such as strategic alignment, that involve all employees, as well as functional use cases that improve the results of specific business activities such as sales execution or customer service. The Company sells its platform primarily through a direct sales force both domestically and internationally. As of December 31, 2012, the Company had 800 enterprise Jive Platform customers. In May 2013, Jive Software Inc acquired StreamOnce Inc.
The Company delivers a social business platform that features the innovation, creativity and ease of uses found in consumer applications combined with the security, flexibility and scalability necessary for enterprise deployment. The Company offers an enterprise-class social platform, purpose-built to enable its customers to manage workplace communication and collaboration. The Company's solution can be deployed across all employees, functional departments and business units. The Company's solution enables the Company's customers to operate both internal and external communities by offering a platform that allows communication and collaboration between and among employees, customers and partners. The Company's platform includes a recommendation engine that helps users connect to and easily locate relevant information and experts on an enterprise-wide basis across departmental and geographic boundaries, as well as across externally-facing customer and partner communities.
The Company's platform is capable of supporting deployments, including those with complex environments ! with tens of thousands of employees internally and millions of users externally. The Company provides tools to help its customers manage the critical elements of application security, including authentication, authorization and regulatory compliance. The Company enables customers to identify the impact of its platform on a particular business outcome. This includes identifying relevant user metrics, success rates and positive trends across the business. The Company's platform integrates with legacy IT infrastructure and a broad range of existing enterprise applications, including email, content management, customer relationship management, marketing automation, product development, eCommerce and instant messaging and enables access from mobile devices, browsers, desktop applications, collaboration applications and consumer social platforms.
The Company enables customers and third parties to develops applications that leverage its platform through its Jive Apps Market, built on the industry standard OpenSocial specifications. Users can easily find, purchase and install applications tailored to meet specific business needs in a variety of industries and business functions, enabling further innovation and functionality on the Company's platform. Developers can leverage the enterprise social graph to make applications more social and broaden their reach. The Company's platform has been developed to facilitate easy deployment with familiar interfaces. The Company offers its customers the ability to configure its solutions to deliver the specific functionality and user experience they want for their end-users, and the ability to modify the look and feel of its solutions to conform to their branding or other requirements. The Company's customers can use the Company's platform on demand through the public cloud, or via a private cloud. This flexible delivery model allows the Company to meet a variety of security and cost requirements and better address the needs of each customer, and enables the Co! mpany to ! target a wider range of potential customers.
The Company's flagship product, the Jive Platform, offers social business capabilities that enable employee, customer and partner engagement on a unified platform. The core platform can be expanded by adding optional modules, including Jive Present, Gamification, Ideation, Mobile, Video, and connectors into existing enterprise systems and applications. The Company's platform can also be extended to include cloud and customer-built applications through the Jive Apps Market. All of this activity and content is aggregated and presented to users via the Jive What Matters layer.
The Jive Platform serves two types of communities: Employees and Customers and partners. The Company's platform connects users across the enterprise and its functional departments, leveraging social intelligence, such as business relationships and areas of interest, to proactively provide relevant documents, discussions and other content to users. The Company's platform enables the Company's customers to build and manage external communities to build their brand, increase interaction and feedback, and reduce their support costs through enhanced online communication with their own customers and business partners.
The Jive Platform enables rich social profiles, visual enterprise directories, connections and identification. Users can easily find, follow and access both people and data through structured spaces, including public and private social groups and projects. This provides users with up to the minute access to relevant and critical information. The Company's platform enables blogging, microblogging, discussions, real time chat and video conversations and direct messaging and aggregates these familiar methods of social communications into a social inbox to allow users to find relevant information quickly and easily.
The Company's platform includes wikis, document sharing, an easy-to-use rich text editor, and full-fidelity rendering of Micros! oft Offic! e documents and PDFs with inline commenting, allowing users to collaborate real-time. The Company's platform enhances collaboration by allowing users to control access to content at the individual, group or document level. The Company's platform includes advanced search capabilities to locate relevant people, content and groups using information captured in the enterprise social graph, such as users' skills or profile information. The Company's platform can integrate with numerous enterprise systems such as customer relationship management, enterprise resource planning, software configuration management, or product lifecycle management systems, via the Company's application programming interfaces, or APIs.
Advisors' Opinion:- [By Lee Jackson]
The Lazard trading desk said that active traders may want to look at software stocks that still had unusually high short interest. Those included Concur Technologies (NASDAQ: CNQR), Tangoe Inc. (NASDAQ: TNGO), Jive Software (NASDAQ: JIVE), Marketo Inc. (NASDAQ: MKTO), VeriSign Inc. (NASDAQ: VRSN) and VMware Inc. (NYSE: VMW). Stocks with high short interest can explode to the upside if the company gets back on track and short sellers are forced to cover.
Top 5 Dow Dividend Companies For 2014: Public Service Enterprise Group Incorporated(PEG)
Public Service Enterprise Group Incorporated, through its subsidiaries, operates in the energy industry primarily in the northeastern and mid Atlantic United States. The company primarily operates as a wholesale energy supply company that integrates its generating asset operations through its wholesale energy, fuel supply, energy trading, and marketing and risk management activities. It operates nuclear, coal, gas, and oil-fired generation facilities. The company also involves in the transmission of electricity and distribution of electricity and natural gas to residential, commercial, and industrial customers, as well as invests in the development of solar generation projects and energy efficiency programs. In addition, it owns and operates domestic projects engaged in the generation of energy; and offers appliance services and repairs to customers. As of December 31, 2010, it owned approximately 13,538 megawatts of generation capacity. The company also owned and operated approximately 17,608 miles of gas mains, 12 gas distribution headquarters, and 2 subheadquarters, as well as 62 natural gas metering and regulating stations. Public Service Enterprise Group was founded in 1985 and is based in Newark, New Jersey.
Advisors' Opinion:- [By Richard Stavros]
Among those companies that are winding down their spending programs, NextEra Energy Inc (NYSE: NEE) accounts for almost 30 percent of the projected $10 billion decline in annual spending from 2013 to 2015. Other larger-cap companies with projected 2015 budgets that are below their 2013 levels include: CenterPoint Energy Inc (NYSE: CNP), Dominion Resources Inc (NYSE: D), PPL Corp (NYSE: PPL), Public Service Enterprise Group Inc (NYSE: PEG), and Southern Company (NYSE: SO).
- [By Shauna O'Brien]
Jefferies announced on Tuesday that it has upgraded Public Service Enterprise Group Inc. (PEG).
The firm has lifted its rating on PEG from “Hold” to “Buy,” and has raised the company’s price target from $36 to $37. This price target suggests a 12% increase from the stock’s current price of $32.42.
Analyst Paul Fremont commented: “We are upgrading to Buy based on the improving outlook for regulatory approval of the company’s “Energy Strong” capital spending program.
“Each $1.0 billion of incremental spending will add an estimated $0.10 to PEG’s earnings. We assume that incremental spending is funded by debt and by incremental cash expected from the increasing gas basis differential between the Leidy hub and New Jersey. Our new estimates are considerably higher than consensus in 2014-16.”
Public Service Enterprise Group shares were mostly flat during pre-market trading Tuesday. The stock is up 6% YTD.
- [By Richard Stavros]
Wells Fargo continues to show all of the hallmarks of what value investors seek. The bank boasts a price-to-earnings-to-growth ratio (PEG) of under one (which means it is fairly valued), while also sporting a dividend of 2.79% and low payout ratio of 57%, indicating the dividend has room to grow.
- [By Jake L'Ecuyer]
Leading and Lagging Sectors
Utilities sector surged 0.26%, saw CPFL Energia SA (NYSE: CPL) as the top gainer. Among leading sector stocks, gains came from Consolidated Water Co (NASDAQ: CWCO), Companhia Paranaense de Energia (NYSE: ELP) and Public Service Enterprise Group (NYSE: PEG).
Top 5 Dow Dividend Companies For 2014: ORBCOMM Inc.(ORBC)
ORBCOMM Inc., a wireless data communications company, operates commercial wireless messaging system optimized for narrowband data communications primarily in the United States and Japan. The company?s services enable businesses and government agencies to track, monitor, control, and communicate with fixed and mobile assets. It also provides customers with technology to monitor, manage, and remotely control refrigerated transportation assets. The company provides these services through a constellation of 27 low-Earth orbit or LEO satellites, 2 AIS microsatellites, and accompanying ground infrastructure. In addition, it offers terrestrial-based cellular communication services through reseller agreements with cellular wireless providers. The company markets and sells its products and services directly to original equipment manufacturers, government customers, and end-users, as well as through value-added resellers, international value-added resellers, international licensees , and country representatives. It serves various markets, such as commercial transportation, heavy equipment, fixed asset monitoring, marine vessels, and refrigerated transportation, as well as government and homeland security/Automatic Identification System. As of December 31, 2011, the company had approximately 648,000 billable subscriber communicators. ORBCOMM Inc. was founded in 2001 and is headquartered in Fort Lee, New Jersey.
Advisors' Opinion:- [By Garrett Cook]
Telecommunications services shares fell around 0.65 percent in trading on Monday. Top losers in the sector included NQ Mobile (NYSE: NQ), down 4 percent, and ORBCOMM (NASDAQ: ORBC), off 5 percent.
Top 5 Dow Dividend Companies For 2014: Sa Sa International Holdings Ltd (SAXJF)
Sa Sa International Holdings Limited is an investment holding company. The Company�� subsidiaries are principally engaged in the retailing and wholesaling of cosmetic products. Its business covers Hong Kong and Macau, Mainland China, Taiwan, Singapore, and Malaysia. The Company operates in two segments: retail segment, engaged in the operation of cosmetics specialty stores, which offer a variety of products from over 600 beauty brands, covering a wide of products from skin care, fragrance, make-up, body care and hair care to health foods, and brand management segment, engaged in the management of over 100 beauty brands. It also offers round-the-clock online shopping services along with product and corporate information through its e-commerce platform, sasa.com. The Company�� subsidiaries include Alibaster Management Limited, Base Sun Investment Limited, Cyber Colors Limited, Docile Company Limited and Elegance Trading (Shanghai) Company Limited, among others. Advisors' Opinion:- [By WWW.MARKETWATCH.COM]
HONG KONG (MarketWatch) -- Hong Kong stocks swung between small gains and losses early Thursday after hitting a seven-month high in the previous session, with the Hang Seng Index (HK:HSI) down less than 0.1%. Most mainland Chinese property developers outperformed the markets, with Guangzhou R&F Properties Co. (HK:2777) (GZUHF) rallying 3.4%, after the company reported a 44% month-on-month jump in sales for June. Shimao Property Holdings Ltd. (HK:0813) (SIOPF) climbed 2.6%, and China Resources Land Ltd. (HK:1109) (CRBJF) rose 1.7%. However, several retailers were weak, as Want Want China Holdings Ltd. (HK:0151) (WWNTF) , the country's top food and beverage maker, declined 2%. Hong Kong-based cosmetics brand Sa Sa International Holdings (HK:0178) (SAXJF) fell 1.6%, with a decline in Chinese June non-manufacturing data helping weigh on some retailers. Over on the Chinese mainland, the Shanghai Composite Index (CN:SHCOMP) retreated 0.4%, pulling back from its highest close in two weeks.
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