Going to college is an expensive affair. After spending on tuitions, dining, books, shopping and other activities you hardly have any money left. Some students do get part time job, but this takes away their time which they can use for studying or fun. So the only way left with a student would be to earn some money by investing in the stock markets. Read the rest of this entry »
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Though an annuity is often used interchangeably with an investment product, it is actually and insurance policy. But the operation of an annuity policy is similar to an investment product. Normally, the investor pays either a single premium or monthly premiums to the insurance company for an annuity product. The time period for such premiums can last for as long as 10-25 years. When the investor is ready, he/she receives monthly income payments from the insurance company from the annuity. Depending on the terms of the annuity contract, the payment from the insurance company may last for a specified period of time or for life. Read the rest of this entry »
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