Now we (most of aware Investors) understood that we should n’t go for endowment plans circulated by many companies.
Just a contra view Why LIC or few other’s are Good for New Investors.
There is only Single Rule Applicable for getting Rich by Saving and Investing.
—Habit of Saving.
—Habit Of Investing.
So Emphasis on Habit.
This is only word which we need to follow for getting rich in longer term.
So Now What LIC & like Companies did, They created a habit of Saving , though returns of their endowment plans were not so great.
but still one thing which they give is “HABIT” priceless.
So check your Saving Meter & Investing Meter scores by clicking our personal finance section.