ilmscore | Prediction Details
"My opinion would be that you should cancel both these insurance policies. And it is possible, it is absolutely possible, you will not get your money back, you will not get your money back, the money is gone, that 1.5 lakh rupees is yours, but why am I suggesting this to you because this is a stupid thing, 1.5 lakh rupees is 1.5 lakh rupees, because if you invest these 21 and 27,000 rupees for these 10 and 12 years period, then I say safely, I do not mean that I will take a huge risk, I will not go to any speculative market and play crazy games, I will start a simple mutual fund SIP, you will recover this 1.5 lakh and far more in that 10 to 12 year period, but you have to buy a separate insurance policy for yourself, and the money that you will save by cutting or stopping this policy, you will invest it back, you will not spend it, you will not waste it, and that money will make a lot more money for you, then 20 lakh promise to you, and the 4 and a half lakh promise to you, here is how the math is, okay"
By warikoo | June 15, 2024 | Pending
From video
Achieve ₹14.25 Crore with SIPs! | Money Matters Ep. 14 | Ankur Warikoo Hindi 00:18:18 - 00:19:35
Interpreted Prediction
The speaker advises canceling two existing insurance policies, despite the sunk cost, to reinvest the premiums into mutual funds.

Prediction Details

Topic
Insurance Policy Cancellation
Target
Cancel two insurance policies
Predicted date
Immediately

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