Mutual Fund Invesment
2) I taken a ULIP policy for my Children in Max life insurance but its performance is not good. I thought of surrendering the policy so that I will get Rs.1,00,000 now. Please let me know where can I invest that amount so that it will be useful at the time of my kids higher education . I can wait for 10 Years. more
You will be always clued to computers. Better to allot some time for finance and personal life.
It is better to understand the financial planning.If totally depends on others is not good.
I understood this in the long run.
Insurance and mutual funds are different.
You have to choose the fund if you are investing in the ULIPs.
Do not surrender the policy. Better you switch the fund option to large cap funds.
Better wait for 7 to 10 years. I am suggesting this based on my own experience and as an advisor in insurance more