Saturday, February 28, 2015

Financial Products

Transactional Products

Bank deposits and other savings instruments that enable one to have adequate purchasing power (Liquidity) at the right time and quantum

Contingency products like insurance

These provide protection against large losses that may be suffered in the event of sudden unforeseen events.

Wealth accumulation products
Shares and high yielding bonds or real estate are examples of such products.
Here the investment is made with a view to committing money for making more money




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