FINANCIAL INVESTMENT OPPORTUNITIES-Mishal kamran.docx

Existing cash stock or shares isa is available to

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-Existing Cash, stock or shares ISA is available to transfer money in and continue having tax efficient status. Investment Account -Our aim is to use fund to help you increase your money -The professional fund managers decide where to invest your money so you don't have to do a lot of work. -They carefully monitor the fund and decide where to invest so that it reaches the investor's risk profile and expected goal. -Option of Low and high risk is given and outcomes are determined accordingly. SAVE OR INVEST -Savings and investment may seem like similar things but the major difference is that savings account will keep your capital secure. The amount you're initially put in savings account will be returned with plus interest. Whereas in Investment, there is no guarantee if the outcome would be as expected and higher than initial investment or not and the risk is also involved. Cash savings is a fairly safer option since no risk is involved so your capital is secure. It is also possible to lose all the money in investments. Insurance Company A business that provides financial coverage after a damage, injury or loss after receiving premium payments initially. The company determines the risk involved and cost of coverage and decides the initial payment accordingly. Insurance is a kind of risk management by paying the amount straight before any future occurrences take place to minimize amount of risk involved. Investment options via insurance companies -Life Insurance: Life insurance is income protection after your unpredicted death. The person you claim as your beneficiary will receive compensation from an insurance company in case of lost source of income as a result of your death.
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-The two common types of insurance options are Term life and permanent Life. Term life is usually for specific and short time period where permanent life is the one you pay for throughout your lifetime and it lasts till your death. -The major benefit of Life insurance is the peace of mind is gives you. Annuities An annuity is a number of fixed payments paid at consistent interval over a specific period of time called annuity. Annuity can also be called "annual payments". A deferred annuity means that the series of annual payments won't begin until a later date. An immediate annuity means that the annual payments start immediately. Two distinct types of annuities Fixed Annuity: During the term of contract the insurance company deposits fixed payments to the annuity holder. Good earrings and rules are maintained by insurance company. This is a good financial move for the people seeking fixed investment outcomes. Variable Annuity: This mean that at the later period of accumulation phase the insurance company will maintain a lower payment instead of fixed. Your Annuity investment portfolio is observed to determine the remaining income payments.
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