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27

Apr, 2015

15 Things Your Financial Advisor can do for You – Part 2

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[Continued from previous post] (6) Keep you on track Think of your financial advisor as your Gym Instructor or Personal Trainer. He does not only create a diet chart and exercise plan for you, he also makes sure that you stick to it – day after day. So in other words your financial advisor is also your financial coach. Making a wonderful financial plan is futile, if it is not followed. Your financial advisor is supposed to guide you at every step here. Overspending, leveraging, easy credit, get-rich-quick schemes – […]

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4

Feb, 2015

What is Insurance ?

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Insurance enables those who suffer a loss or accident to be compensated for the effects of their misfortune. The payments come from a fund of money contributed by all the holders of individual insurance policies. In other words, individual risks are pooled and shared, with each policyholder making a contribution to the common fund.The contribution is known as the premium. Premiums are paid to insurers – these are institutions which accumulate the money into the fund from which claims are paid. The loss is in fact paid for by the […]

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