Thursday, November 27, 2008

The only investment that never shrinks

The values of proporties have come down by quite a fair bit as compared to year 2007.

For investors holding shares, probably their net worth has shrunk by 20% to 40%.

What is the only investment that will never depreciate regardless of market condition?

The answer is: Life insurance policies

Once policy is taken up, immediate estate is created and if it is a traditional life insurance policy with participating bonuses, values will continue to grow with time.

Financial planning should starts from the very basic.

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