POSTED BY September 24, 2012 4:53 pm COMMENTS (8)ON
Hi I have bought HDFC SL crest (Signed all the required documents and made online credit to that HDFC crest account) for an amount of 50k/year under Highest NAV return plan TODAY.
I have always seen people saying this/that policy is bad. If so which are the policies I need to invest in?
I’m 24year old Software Engineer earning good enough to invest 1.2lks an year but WHR?
With this confusion I made this investment, Which many people say its BAD!!
Now kindly anyone suggest what should I do?
1. Should I cancel this HDFC SL crest ? If so what amount will I be getting back? all 50k?
2. I have :
PPF account(80C), 2life insurance policies of 10k/year each(80C) and 5k/month investment in EQUITY(NO EXEMPTION).
3. I dont have:
LIC life insurance or anything else.
Where should I invest? can anyone give me a break down for full 1lks which will provide me good return ?
I dont want life insurance as of now i want to invest where I will get good returns that all you guys say its good.
GOLD? SILVER? ULIP? MUTUAL FUND? LIFE INSURANCE? EQUITY?