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While fixed-income investments aren't as exciting
as hot stocks, they are more secure and should be a component of
all financial plans.
In this chapter, we'll introduce three types of permanent
insurance -- whole, universal and variable -- that provide not only
life insurance but also a savings plan. Next we'll look at another
insurance product, annuities, and explain the up- and downsides
of them. Finally, we'll explain what bank loan funds are and how
they work to help your investment keep up with inflation.
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What you can expect to learn from this chapter: |
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Permanent
insurance: Whole, universal, variable |
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Three types of insurance
that act like savings vehicles are described. |
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Annuities |
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Annuities are another product
sold through insurance companies. Use this chart to weigh
the pros and cons of annuities. |
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Bank
loan funds |
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These funds invest in loans
made by banks or other financial institutions and they
tend to keep place with inflation. Find out how they work. |
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Chapter
4 quiz |
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Did you learn everything
you need to know about fixed-income investing? Test yourself
here. |
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Chapter
4: Fixed-income investing
