We all have dreams but most of them end up as just unachievable desires. We often wonder that when we had set our goals, why they still they remain unattainable.

Every goal in life requires money at the right time and in the right amount to make it into a reality. The problem with most of us is that we do not plan our investments according to our goals, but rather just invest in a totally unplanned manner.

If we throwback on our life, we would find that traditionally, most of us invest without any planning. An annual bonus at work or an inherited wealth is just invested for the purpose of ‘saving. Saving is certainly good, as pure pundits would also confirm, but not attaching a goal to the investment is what makes it almost worthless.

It's only fair to share...
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Read More →
Replies: 1

Everyone would like to hit two birds with one shot. That’s exactly what Unit Linked Insurance Plans (ULIPs) have been created to deliver.

ULIPs are designed to provide us the privilege of protection as well as growth in a single investment. In spite of this benefit that ULIPs provide, there is a widespread resentment about investment in these plans.

The major reason for this bitterness and dislike to investment in ULIPs is the high cost involved with it. The high premium allocation, policy administration and fund management charges are what discourage people to invest in these plans.

It's only fair to share...
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Read More →
Replies: 0