Explain relevant saving, investment and insurance plans discussed in class

Explain relevant saving, investment and insurance plans discussed in class

Q: Explain relevant saving, investment and insurance plans discussed in class. What are factors affecting individual saving and investment plans? What are determinants that are to be considered before investing into any individual saving plan. Use the real case references* to support your content.

Explain relevant saving, investment and insurance plans discussed in class

Following plans are discussed in class

  • Registered retirement saving plan
  • Tax –free saving plan
  • Registered education saving plan
  • Registered Retirement Income Fund (RRIF)
  • Permanent life insurance 
  • Term life insurance

*Real case references mean taking real example of financial products offered by any real bank/financial institution with interest rates or returns they are offering.

*2200 words, minimum six references , APA style

*use quantitative data

*If you have any question please ask