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The truth about investing and insurance policy
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[QUOTE="Deleted member 13140, post: 150882"] They no such thing as investing in insurance.. I think investing is investing and insuring is just insuring. The goal of investing is to put your money and savings into a financial vehicle that will in time grow and multiply your money The goal of insurance basically protection, Right? And that is to say it is risk mitigation against unforseen occurrences that might have impact on your well being or family or financial security. Or even your assest though am not sure about that. Both of them play a role in everyone's financial planning or business planning and they aren't the same so you can't replace one with the other And according to a book I read, they is this statement I saw it said most insurance policies will not compensate you for inflation, basically because that's not what they are designed to do. If you really want to grow your money invest and I'm financial assets like bills, bonds, mutual funds, stocks and so on [/QUOTE]
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