Well could you also mention the Company for which you are promoting the ULIP plan. PPF is the best and safest Investments i believe..... A mere contribution of 5000 every month might fetch 1 crore after 33.6 years on a compounded basis.
Hey,thank you. I really liked the well-coordinated article. It actualy prescribed the tools to sustain the CROREPATI status in a very technical manner.'Investment in Gold' is realy a rocking example.
1. What kind of tax rebates can we get from the investment. Let us not forget that tax rebates is a free investment made by Govt and the compounding works in our favour.
2. Flexibility in investments i.e. is it mandatory to contribute in terms of timing and amount or can the investment be done as and when we want to and that too at a level we want too.
The tables need to made more simple, with perhaps some examples of how it has been worked out,- so that a layman into the world of finance could understand it.
