Business Scheme and Finance Tips

Posts Tagged ‘Insurance’

During this time, the ads made ​​more focused on the backbone of the family who took a life insurance policy to protect dependents financially in the event of his death. So, what about single women without children?

The absence of children does not mean you are free from financial responsibility. Conversely, many people depend on you.

Take for example, you plan a vacation trip ended unlucky. Not that all of your debts written off and the assets you have moved directly to the family. Before receiving the benefits get paid, the creditor has the rights to your assets to pay off your debts. If you died tomorrow and all the debts have been repaid to creditors, there still remaining assets to the people you love?

You may not have children. But, many women who are in a position of caring for aging parents, or help his nephew. Although you bequeath all assets to the parent or nephew, all such property shall be used to pay off your debts first. In addition, your dependents are also responsible for paying your funeral expenses.

Life insurance policy is different from other assets, as quoted GalTime.com site. Once someone dies, a life insurance policy given to certain heirs and can not be contested by the creditor. In short, the creditors can take all your assets. However, you can ensure that parents, nephew, or anyone that you have listed as beneficiaries of insurance policies is ensured welfare.

In an annuity involves the following elements:

• Rent: The payment, deposit or withdrawal, which is made periodically.
• Annual income: Sum of payments in one year.
• Term: The duration of the annuity. The number of times they received or paid rent.
• Repayment Period: The time that elapses between a payment and another.

An annuity is a series of payments, deposits or withdrawals, generally the same, which are conducted at regular intervals of time, with compound interest. The name of annuity income does not mean that have to be annual, but is given to any sequence of payments, equal in all cases, at regular intervals, regardless of whether such payments are annual, semiannual, quarterly or monthly.
When a country has on economic stability, it is common for commercial transactions are made through periodic payments, either simple or compound interest, such as annuities.
When the assessments to be delivered are destined to form a capital , are called taxation or funds, and if delivered to settle a debt , called amortization.
Annuities are familiar in everyday life, such as rents, salaries, social insurance payments, installment payments and mortgages, life insurance premiums, pensions, payments to sinking funds, leases, pensions and others, but among those are different forms and many differences.
However, the type of annuity is referred to the investment annuity, including compound interest, as in other types of annuity interest is not involved.

Now comes the funny, actually we have not ever had 24,000 euros as the broker only demanded that we would keep in mind 25% of the money they were moving to say that the money actually moving, only 6000 euros are ours. Now if you look good performance and we have invested in the year 6000 we received 3780 euros and benefits. Which is exactly a 63% annual return on our investment. Does anyone know of a strategy as simple and requires very little work like this and that creates the possibility of putting much money even in the worst case of finance, costs etc.? I do not know why I have been so surprised to analyze the numbers. Will some trick hidden? “The risk is very high?

Consider the risk, and that somewhere must have its downside like everything else. What can happen in the worst cases with the strategy?. Well the first thing to play with leverage many will say that I can lose 24,000 euros when I have only 6000. While the likelihood of this happening would mean that the 24 companies selected have collapsed completely. Is it something that could happen tomorrow? I honestly say that unless the global economic system will sink is highly unlikely. Moreover, in the worst case if our account would begin to lose much money the broker (at least CMC) never put money for us and once the account has less than 200 euros available automatically close all positions without our permission. (Which would be 5800 euros for losses). Having at least 24 open positions is a kind of insurance that keeps us reduced risk, because when one loses, there’s always something else to win, keeping our broker margin more or less stable and in half always winning. At the beginning (first year is not so much) but we do not have much money at stake and at risk.