Someone asked "My mother is thinking of buying a 5 years insurance plan with a single premium of $10,000. She is still in good health and the reason she's buying is to get safe returns that are higher than the bank interest."
It is quite common that people are not clear on the differences in saving, investment, and insurance.
It is good to understand Saving, Life Insurance and Investing - Revist
Weekly economic and financial commentary
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United States: Another Week, Another Strong Showing from the U.S. Consumer
Robust retail sales data were the main story on the U.S. economic data
front thi...
3 minutes ago
Most people are not savvy financially....
ReplyDeletetoo lazy or unable to get educated??