Hi All,
I have taken an ICICI Prulife retirement plan and am paying the premium for the past 4 years.
The agent suggested a 40,30,20 ratio between growth, debt and balanced. For the past 4 years, I just look at the ups and downs the investment has gone through and do nothing.
Am I doing the right thing? Would one simply continue investing until the year of retirement and then take whatever is available in the account at that time? I guess I am missing something very obvious here. Can someone please help?
Is there a strategy one would employ like booking profits for MFs?
Please advise.
Regards,
Rajiv
I have taken an ICICI Prulife retirement plan and am paying the premium for the past 4 years.
The agent suggested a 40,30,20 ratio between growth, debt and balanced. For the past 4 years, I just look at the ups and downs the investment has gone through and do nothing.
Am I doing the right thing? Would one simply continue investing until the year of retirement and then take whatever is available in the account at that time? I guess I am missing something very obvious here. Can someone please help?
Is there a strategy one would employ like booking profits for MFs?
Please advise.
Regards,
Rajiv
