RE:Beware of LIC Policies
by shankar shankar on Jul 24, 2007 04:05 PM Permalink
yes i have read articles on the above link mentioned...they are very good. but the bottom line to all these arguments is that as long as u know wat u r doing and wat u will fetch its ok to indulge urself.....but investing with ignorance could prove lethal....
RE:Beware of LIC Policies
by Sunil Birju on Jul 24, 2007 11:12 PM Permalink
Anyways for making any investment you have to apply your own mind and not that of LIC agent. Because it is only YOU who knows your requirements. Better dont blame anyone else.
RE:Beware of LIC Policies
by Sunil Variath on Jul 25, 2007 12:39 PM Permalink
I don't feel that any of the investment options available to us fall into the "complete non-sense" category. It is very easy to find faults, but can you also give some positive aspects of Endowement plans.
Investing in equities is not everyone's cup of tea. Also you write eloquently about diversification, why not invest a portion of money in endowement plans? You can purchase the plan from a relative of yours who sells it for living. It will provide him income in the form of commission. Isn't that a good thing?
