There are several factors to measure the effectiveness of a savings and investment plan. From the flexibility of investing to the amount of tax exemption it allows – the financial plan should be aligned with your life goals. For most of the investors, if you list down, the following factors influence their investment decision:
1. Freedom to invest and withdraw anytime
2. Flexibility to invest any amount
3. Safer risk-return proposition
4. Custom investment period
5. Tax benefits & other benefits
Depending on your goals and needs, you can decide which factor has more significant to for long-term investment. Also, you cannot have the best of all worlds; every investment will have a few advantages along with the disadvantages.
DISCLAIMER : This video only for education and knowledge purpose Before taking any decision plz once consult with your financial advisor or do your own research. The channel would not be responsible for any financial gain as well as for losses. I am not SEBI registered .
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