POSTED BY August 24, 2013 8:15 pm COMMENTS (2)
ONI was looking for few safe investment option & I went through ING Vysya’s 12 Year Policy Term. Please advise me wether i shoudl go for this policy or not.
And if any other best policy is there please let me know.
Thanks in advance.
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Dear Chirag, given a choice, w’d you purchase onion from Farmer or from middleman? Investing though insurance policies is like purchasing Onion from middleman. Now answer again.
thanks
Ashal
No such thing as a safe instrument. If you have read other questions in the forum, you will realize that one should not mix investment and insurance.
So list your financial goals, determine how much you need to invest and how much you actually can invest and then worry about where to invest.
This step by step guide to goal based investing might help
http://freefincal.wordpress.com/2013/05/19/a-step-by-step-guide-to-long-term-goal-based-investing-part-i/