I am engineering graduate and have recently got placed. I have taken insurance policy of LIC for Rs. 25,000 annual premium. Should I continue this policy or should I invest in equity shares and mutual funds? Which will be more beneficial for me? Please reply considering that I don’t have any finance knowledge but want to earn fast.
If you want to earn fast then insurance should not be your choice for investment. I will suggest you to read some investment and insurance related articles on this site and do some research on trading techniques for shares and mutual funds.