Wednesday, October 31, 2007

Investment, Protection and Insurance

Many people say that we must live our life to the fullest because we don't know what will happen in the future. I believe in this but still, I think we should also plan for the future. There are a lot of ways of planning for the future. We can do investments and buy insurance. Investments can be placed in stocks, mutual funds and UTIF and/or other investment mediums. You just need to know your risk appetite before you do your initial investment.

On the other hand, we should also buy insurance. But take note that insurance is not an investment. It is a protection for the future. I do believe that protection needs to come first before investment. This is not just for us but for our family that we may left behind. In shopping for an insurance, one must list the insurance plans pros and cons. One insurance provider could be better on another in one type of insurance. We can never have all the good things in an insurance provider. The best approach to Lower Your Insurance Premium is to lay all the plans available compare and bargain with the provider. In this way, you can not just spend on protection but also Save Money on Insurance. Is it not good?

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