You can insure an investment but you cannot invest insurance.
Here by investment, we mean a tangible one as you cannot insure against loss in value. As far as insurance is concerned, one should avoid mixing investing and insurance as both have different goals.
6 thoughts on “The Art of Finance: What Your Approach Towards Buying Insurance Should Look Like?”
A picture is worth a thousand words :-) Well summarized
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@Mithun:
Thanks. :-)
You can insure an investment but you cannot invest insurance.
Here by investment, we mean a tangible one as you cannot insure against loss in value. As far as insurance is concerned, one should avoid mixing investing and insurance as both have different goals.
Hi,
Your articles are always simple and power ful.. Nice..
@Stable Investor:
Well said. :-)
@T S Ashok:
Thanks. :-) Any suggestions for further improvement?