They are also ideal for
accumulating a cash reserve fund, where funds can be easily accessed for emergencies, such as a major car repair or a big medical expense.
Not exact matches
In a well - diversified investment portfolio, highly - rated corporate bonds of short - term, mid-term and long - term maturity (when the principal loan amount is scheduled for repayment) can help investors
accumulate money for retirement, save for a college education for children, or to establish a
cash reserve for emergencies, vacations or for other expenses.
From an investor's point of view, companies that
accumulate large
cash reserves or that have relatively little debt are more attractive under deflation.
In a well - diversified investment portfolio, highly - rated corporate bonds of short - term, mid-term and long - term maturity (when the principal loan amount is scheduled for repayment) can help investors
accumulate money for retirement, save for a college education for children, or to establish a
cash reserve for emergencies, vacations or for other expenses.
(considering EPF as savings) 2 — Review your life insurance coverage requirement after your marriage 3 — If you use your
cash reserve, start RD for 12 months and start
accumulating emergency fund again.
This new capability employs the same intelligent automation to make your investing experience as simple as possible, while providing the extra flexibility to maintain a
cash savings
reserve and
accumulate dividends.
At the time of issue, the entire $ 100,000 is at risk, but as
cash value
accumulates, it functions as a
reserve account, which reduces the net amount at risk for the insurance company.
The life insurance company needs to have your policy's
cash value
reserve to
accumulate early on.
Additionally, you may elect to purchase the policy so that a level death benefit is purchased and the
cash value
accumulates «on top of» or in addition to the death benefit or you may choose to purchase a level death benefit in which the
cash value acts as a
reserve against the death benefit (thus lowering the actual cost you pay for the death benefit over time).
The
cash reserve is a savings that
accumulates with the death benefit, effectively replacing it over time.
The cumulative guaranteed amount of
reserve (i.e., the guaranteed
cash value) that has
accumulated for each year.
In short I would put the money into an interest bearing account and let it
accumulate until you can pay
cash for the next one.That way too if you run into any hard times you have a
reserve.
I am going to be doing the same thing in the next month or so to make some of my
cash reserves (rents that are
accumulating) to work until they build up enough to buy another property.