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Long-Term Investmet Strategy - Essay Example
Author : regan95
Finance & Accounting
Pages 4 (1004 words)
Name: Instructor: Course: Date: Long-Term Investment Strategy Everybody is searching for an investment strategy, which works without fail. It might be an assessment technique, a manner to foresee which funds will outperform or a technical strategy. While investors or financiers go to great heights to create cunningly titled strategies such as "economic surprise" and "Japanese cloud", no tactic seems to function all the time…
A normal life insurance policy functions as a financial coverage for a person and his/her family in case of the person’s demise. Apart from that, a person can also enjoy a number of other returns, which the person would get after the contract matures. These profits are paid in a structured settlement or slabs (Oviatt 19). Life insurance is an agreement between both an insurer and an insured (insurance contract holder), where the insurer guarantees to pay a selected receiver a sum of cash (the "benefits") upon the passing away of the insured individual. Relying on the contract, other proceedings such as critical illness or terminal illness might also prompt payment. The contract holder normally pays a premium, either as a lump sum or regularly. Other expenses or costs, for instance funeral expenses, are also, at times, incorporated in the benefits. I raised a family, which always works hard to achieve their goals. This is because I also work hard in life to achieve my goals. After retirement, the main thing I want to do is reward my children plus my wife for the hard work we have put to erect our family. ...