Ok, you have finally realized you must start putting part of your income away(investing, I mean) for your future and you have taken the steps to achieve this by diong so, but are you actually doing it for the right reason?
Take for instance, you put some money into stocks and mutual fund. Then out of the blues you begin to pump money into insurance for a three year plan because you have been promised by a sale agent of a good payout for the current year. If you jump at this offer, thereby negleting the plan you have already setup, then you will rock your financial boat for the future.
You need to look out for details such as past dividend payment history, past earnings etc to be convinced you are taking the right step and not tying up your money for long periods in unexpe ted investment plans.
Happy investing.
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