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I want to invest money in Newyork life insurance.20,000per year.is this good place to invest my money.? |
how far i can trust newyork life insurance co ltd. it depends on what your goals are. you should speak with an advisor. NO my dad worked there and he HATED it Better you invest the same in the mutual funds of American Express Bank or Bankof America. With all due respect, you should never let anyone else's opinion contribute to your investment decisions. You must roll up your sleeves and do your research and homework, define your investment guidelines and stick to them. No one cares about your money as much as you do. I would buy life insurance only based upon your need for it and not think of it as an investment - though it has an investment component. Its unclear what your motivation is but I suspect you may be mixing these two ideas. What would be your reason for buying additional life insurance every year? This sounds unusual and I never came across it, or recommended it, in my own practice. |
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