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Investment Mistakes To Avoid

Investment Mistakes To Avoid

It is important to have a sound investment plan in place and ensure that we do not make the following mistakes while investing our hard-earned money: 1. Lack of financial Plan and Budget 2. Making Investments without really understanding them 3. No Diversification of Investments 4. The family is unaware of the financial state of affairs 5. Holding on to non-performing investments We all know that making sound investments as per our goals is important. Here we list out 5…

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Smart Tips To Buy Your Life Insurance

Smart Tips To Buy Your Life Insurance

Before you buy such a long term product, let’s get some smart checks done. Follow a rational approach to decide the cover, look at the features and your requirements and select the Company, try and split the cover across two companies, avoid tenor beyond your retirement age, buy through an adviser if he adds value, fill in all information yourself, avoid combining insurance and investment, prefer online for cost inefficiencies, opt for MWPA and avoid single premium policies. We recommend…

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