Investment Plans therefore relate to a wide range of monetary products for the purpose of assisting with slow building of wealth, with associated returns. They allow for savings to be made periodically to meet future financial goals as people participate in various products/funds.
There is the creation of wealth, tax advantages, income streams, protection against inflation, provision for the dependents of the deceased investor, and obtaining financial freedom from the stocks.
Nonetheless, various products are retained for corresponding advantages and disadvantages. Therefore, when selecting Investment Plans, the investor has to acknowledge his/her Investment Objectives and the time that he/she would like to attain them. Thus, present cost and cost that you expect to incur in the future should not be left out also.
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