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Life Insurance, Forex trading, Stock Business, Real Estate business and my experience plus observation on the topics.

Life Insurance

Insurance policies are difficult to understand. But today I talked to a life insurance agent; I am thinking of insuring my life! It took me five years to took this decision. But I have insured my vehicle already.

The terminologies of insurance are difficult for me to understand. Here are some:

Death benefit, accidental death benefit, cash value, cash withdrawal, coinsurance, cost-of-living rider, disability insurance, executive indemnity insurance, face amount, guaranteed insurability, hidden load, incontestability clause, indemnity, issue date, master policy, mortgage life insurance, municipal bond insurance, named peril coverage, participating insurance, policy limit, qualification period, underinsured motorist coverage, uninsured motorist coverage, underwrite, waiver of premium, accelerated benefits

By the way, when shall the health insurance will start in my place?

However, I am not much interested in other forms of insurance.

What they call renter's, liability, travel, car rental, mortgage protection, flight, extended warranty, and kidnap and ransom. Sounds funny!

I am planning to buy a car next year. So I believe I need to buy insurance. But I dont know about policy types, liability, filing claims, and reducing the premiums in order to find the insurance policy that's right for me. There is a cousin who can help me out. But he is nuts...

Life Insurance

Insurance policies are difficult to understand. But today I talked to a life insurance agent; I am thinking of insuring my life! It took me five years to took this decision. However, I have insured my vehicle already.

The terminologies of insurance are difficult for me to understand. Here are some:

Death benefit, accidental death benefit, cash value, cash withdrawal, coinsurance, cost-of-living rider, disability insurance, executive indemnity insurance, face amount, guaranteed insurability, hidden load, incontestability clause, indemnity, issue date, master policy, mortgage life insurance, municipal bond insurance, named peril coverage, participating insurance, policy limit, qualification period, underinsured motorist coverage, uninsured motorist coverage, underwrite, waiver of premium, accelerated benefits

By the way, when will the health insurance fashion start in my place? Health is wealth.

Forex trading

Forex stands for Foreign Exchange. Thus, this business deals with foreign currency.
Forex trading is the appropriate term used for it.

Here is the material I found in Answers.com:

Foreign exchange, also written as FX, is :
1. Transaction of international monetary business, as between governments or businesses of different countries.
2. Negotiable bills drawn in one country to be paid in another country.

Forex - FX
The foreign exchange (also known as "forex" or "FX") market is the place where currencies are traded. The overall forex market is the largest, most liquid market in the world with an average traded value that exceeds $1.9 trillion per day and includes all of the currencies in the world.

Investopedia Says: There is no central marketplace for currency exchange, rather, trade is conducted over-the-counter. The forex market is open 24 hours a day, five days a week, with currencies being traded worldwide among the major financial centers of London, New York, Tokyo, Zürich, Frankfurt, Hong Kong, Singapore, Paris and Sydney - spanning most time zones.

The forex is the largest market in the world in terms of the total cash value traded, and any person, firm, or country may participate in this market.

Mission Million

Money making is not hard if you have ideas. Ideas worth million! So with ideas that I have I can be a millionaire, if I want.

Insurance business is profitable. Forex trading,I have heard, gives good profit. However, mortgage, unlike in the US, is not in vogue in our place.

There are new things too that we can start. Why not to modernize Realestate business? Let's make real estate job electronic. Realtors can earn a lot without cheating.

Helping others we can do our business. I start by now.

To be Millionaire by 2012 is my target. Wish me a good luck.