Paul Orfali

  In simple words, investments refer to the act of investing your money into various financial assets in order to make extra income. For some people, the income earned out of investments becomes the primary source of income. The world of investments has a lot of benefits to offer for you if you invest your money wisely and systematically. If you are contemplating the role of investments in life, this blog is for you. Listed below are four major reasons why you should never overlook the importance of investments.  Increase your income  Not to mention, money does not double on its own. You need to take risk of some level to increase your wealth. The key lies in choosing the right place where you get the right returns for the risk you have taken. Although various factors determine the returns, you can increase your wealth by making wise investments.  Reach financial goals  All of us have different financial goals and wishes in life. With a regular income, we may hardly be possible to acco

  I n recent times, insurance has become one of the most essential financial practices in the world. Insurance is a form of security and protection from finance-related losses. It is used as a security against financial uncertainty to serve as compensation for damages/ losses. Why Life insurance? There is risk in every walk of life. To ensure that you are financially secure against all odds related to your life you must buy insurance for different risks including risk to life. It enables you to face any type of problem in life. Insurance is an important part of financial planning. Life insurance is a very vital financial instrument that shields your family and allows you to leave for them a non-taxable amount at the time of your demise. Life Insurance could be used to cover your mortgage and your personal loans, for example...car loan. The benefits of life insurance Upon the death of the insured person, the surviving family or other beneficiaries will get a lump-sum life insurance amou