Ask Mint | On Investments

Ask Mint | On Investments
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First Published: Sun, Oct 19 2008. 10 07 PM IST

Updated: Sun, Oct 19 2008. 10 07 PM IST
What are the pros and cons of investing my money in insurance? I have heard that “insurance is an investment tool” and that it is a safer investment than stocks. Is it?
Vipul Khandelwal
Insurance is never a good investment and one should take it only to the extent required. What people say is their opinion, which may change every now and then.
But the fact is, a sensible investment in stocks or mutual funds, which is backed by good research, would bear good fruit in the long run.
I understand the markets have fallen brutally in recent weeks, but for serious long-term investors that too is an opportunity.
The losses are heavy as of now, but over a period of time—in one-two years—investments made now are likely to yield good returns.
Lastly, you should evaluate your investment over a period of time and not at a point of time as it might give misleading results.
Answers are based on a technical analysis of the markets and individual stocks. The views expressed on this page are not the newspaper’s opinion and are provided for information purposes by Vipul Verma. Readers are requested to do their own research before participating in the stock markets. Neither the paper nor the information provider will be responsible for any outcome based on information provided here.
You may send in your stocks and mutual funds related queries to askmint@livemint.com
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First Published: Sun, Oct 19 2008. 10 07 PM IST