Finveda Blog
SIP: If people opt me for longer tenure, I have power to create wealth beyond their expectations.
EMI: True, but they don’t. They generally choose me for the longest possible tenure. I know that while they choose me for longer tenure they increase their liability and you can increase their wealth.
SIP: Yes. Even I have power to recover all their EMIs. If they invest 18% in me of what they are paying to you monthly for 20 years, they get all the EMIs back after 20 yrs.
EMI: Then why they are not disciplined and serious about you? Sometimes they skip your installment and even stop you in between.
SIP: Because generally they don’t get advisor who can explain them my benefits and if they get, sometimes they don’t believe him.
