Auto insurance
These days as we all know that salaries are either going
down or staying where they are but not enough to full fill our needs and requirements.
In such situation what can we do if we have a car and how can a person with low
insurance have insurance on their automobiles.
Below are the lists of all the top and best cheap and low
auto insurance websites which can help you to get your best deal on your auto
insurance.
5.
http://www.consumer-action.org/english/articles/californias_low_cost_automobile_insurance_program
As long as you’re looking for one of the top deals which can
get you, your best auto insurance just click through the website links above
and save yourself a big chunk of money on your auto insurance.
Investment fund
Investment is a method where a
big stack of funds with professional help gets managed and invested.The idea is
to combine your money with other investors and investing them into big
companies to avoid the risk of your investment.
There are so many varieties of funds
in the market to invest. funds are then used to buy units which gets invested in
big companies by buying their shares in units ,with time if these units are
managed and invested carefully ,increases in value, which then can either get
cashed out or invested by buying more units.this can again increase it value
which can be cashed or invested further , this known as profit.
A list of popular investment
fund plans is:
- Investment trusts
-. Mutual funds
Investment trusts
Investment funds are a big chunk
of funds collected from various investors .In this you only buy shares of
companies listed in the share market.
Where you experience that the
value of your investment fluctuates with the company you have invested in buying
shares.
But no matter if the value of
units goes up or down you can cash out anytime as you can watch whether you are
having a profit or loss, accordingly you can either cash out or invest more to
increase the value of your units to make more profit...
Mutual funds
Mutual fund is a service based
funds where money gets taken from investors, in order to provide them with
security services e.g.: life insurance, house insurance ,automobile insurance,
phone insurance, etc.
The aim is to secure the investor
financially from unseen life changing circumstances. But there are both
advantages and disadvantages of mutual funds.
Advantages
·
A fund which gets paid can cover a lot of securities like ,accidents,
funeral charges, life insurance and more
·
Investor can get own professional help to make sure the progress
of the investment been made.
·
Services provided are not practised under government undertaking.
Which means it can be changed or modify anytime giving the investor a large
platform of flexibility to services provided.
·
Services can compared by getting a full daily progress report .
Disadvantages
·
Premium fees being paid
·
Income not clearly visible
·
Customization is not possible once investment done.
How to
choose the best investment funds
It all depends if your
investment full fill your requirement as in what is the investment for. Say for
example: you would like to buy a house, pay for your children higher studies in
the future .as in these types of investments you would want to invest into
genuine mainstream companies where the risk of losing money factor is low. Such
as unit trusts where the risk is the lowest,
Most unit trusts will take some
money upfront but can later get refunded by getting a broker involved.
Going More deeply , initially the
investment can be as low as 1% upfront, only is a broker who can allow discount
get used. If the investor chooses to go directly to the investment manager, you
can be charge from anything between 3%-4% initial upfront charge of your
investment, plus the charges which the manager can impose of 1%- 1.5% charges
every year.
Funds discount market
This is exactly like your
nearest supermarket where you can go and choose the varieties of different types
of discounted on upfront fees and also making sure most of your money get
invested than you just giving away high charges.
SUGGESTIONS
You also have the choice to
spread your investment from all the companies provided to you in the market.
Which will ultimately help you in being secure by spreading your investment
over a larger scale of different companies at the same time giving you a piece
of mind and keeping the risk at low, than investing in just one field which
could be just banks. Where the potential risk of losing all your money is
higher.
