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 Endowment or FD is a great saving if you have 50k?

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Colaboy
post Dec 23 2011, 11:54 AM

On my way
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Joined: Aug 2005


QUOTE(cherroy @ Dec 23 2011, 10:48 AM)
It is asset diversification purposes and got tax benefit.
The tax benefit can easily outweight the x% return of from the plan.

Also, it can be seen as a "protected/secured" way to pass money to beneficier.

It has its usage, but definitely not for one to look for return, the return usage is down in packing order of priority.
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well spoken here thumbup.gif thumbup.gif thumbup.gif

 

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