Which is better ?
December 22, 2009 10:36am CST
Investing in insurance or mutual fund!!!!!!!!!!
22 Dec 09
Both are good, and both are needed. Mutual funds, particularly the diversified equities will give a much better result than the insurance, but then you cannot compare, insurance with mutual funds. Both are different, and with mutual funds, you can spend it on some thing you need, whereas insurance is for your old age, as well as for life saving moments.
10 Jan 10
The first point is Insurance is not for investing money. It is for insuring something from economic loss. So both deal with different purposes. Insurance companies use investing plans just to grab attention of people. Mutual Funds do have their own drawbacks, though SIP investing gives a good start it is not the best way for anyone who wants to be more than just secure. Happy MyLotting!