
Originally Posted by
takumi
If daghan kag sobra kwarta, why not? Depende man na sa gusto sa tao. If he wants more health insurance, wa may makapugong nya. If he wants 20 life imsurance, pwede basta makabayad lang sya. Bisan 20 businesses pa iyang tukuron, way makabuot sa tao. But for middle class people, even 1 life insurance & 1 health insurance is enough protection na. Uban dha daghan insurance pero ginagmay per policy, ila pud ng gusto. Sa makaya ra jud. May it be short term investment or long term investment, importante naa kay maani and dili ka ma alkanse. Life insurance is a long term investment.
For any business person, the more investment in different companies is better. Coz they only seek for one purpose, TO GAIN, and not to lose.
nah even datu na ang tawo, it's still best practice to be a prudent investor or spender...that's the only way to get rich and stay rich. That's the usual characteristic sa mga datu na tawo labi na insik.
For any business person, the more investment in different companies is better. Coz they only seek for one purpose, TO GAIN, and not to lose.
Yup, that's true in business that generate income through sale of goods, services or even as investors of that business...but not in things like insurances, mutual funds, stocks. Over diversification in these investment vehicles will kill your potential return on investment.
Anyway, just sharing my thought...I should have said to certain extent or condition

kay naa man uban na nakapalit na life insurance pero gamay ra coverage...so they buy another one to increase the coverage. I completely understand cases like that.