Not exact matches
«In much the same way investment advisors and the investment industry preach dollar - cost - averaging and investing
small increments
of money over a long period
of time, as opposed to one
lump sum of money all at once, I think that just goes to justify the benefit
of taking the payments over the long run,» says Heath, «Especially if one didn't have a lot
of financial aptitude.»
If you need some
money to take care
of your emergency but you are not sure whether you can pay in a
lump sum, you might consider the
small installment loans.
As SIP allows investors to invest
small amounts
of money systematically instead
of a
lump sum, the investment can be done on a weekly, monthly and quarterly basis.
Basically,
money back plans give
small amounts to the life insured at regular intervals instead
of paying the entire amount as a
lump sum amount at the end
of the term.
This is the amount
of money financial planners recommend, since it allows the surviving spouse to take only a
small percentage
of the
lump sum each year to meet living expenses.