Insurance is designed to help you cover an unlikely event that could be financially catastrophic. In the case of life insurance, you’re protecting your dependents from the loss of your future earnings. For example, a life insurance policy can pay your mortgage, college tuition, or even funeral costs so that your surviving dependents will be
More than a million KBC and Ulster Bank customers face chaos as they try to switch accounts while the two institutions leave Ireland. People seeking a new bank are being blocked from opening a credit card account and getting an overdraft facility. The Central Bank has been urged to “get its finger out” and do more to stop the
In Parts 1 and 2, different types of investments and the concepts needed to put those investments to work were introduced by highlighting Asset Allocation (how you divide your money between stocks, bonds, and cash) and Diversification (having a broad mix of each of these types of investments), how crucial these are to your long-term
Stocks and bonds might seem pretty basic, but there’s a lot to understand about the different types and why one might be a better choice than another. So this week, I want to discuss what to look for when choosing investments. Starting with stocks A share of stock is a portion of ownership in a company,
