The author is Founder, Investonline.in
Besides money matters, you must take care of yourself and encourage others to do the same.
Focus on being debt-free as soon as possible and the money saved can be used more productively.
A balanced portfolio is all about managing risk. A balanced portfolio spreads the risk between equity and debt, thus helping the investor to ride the equity wave.
The biggest advantage of a term plan is low premium compared to the endowment policy.