Choosing the Right Insurance Policies For Protection

Once you recognize the potential unexpected occurrences which could threaten your family’s financial security, you can plan for financial protection through the appropriate insurance policy. The following table shows the potential losses and the type of insurance available protect against each occurrence.

Potential Loss	Type of Insurance
My death	Life Insurance
Unable to work through disability	Disability Insurance
Driving my car, I collide with another car	Automobile Insurance
I am going to have a mojor operation	Health Insurance
My house burns down	Homeowner’s Insurance
I am unemployed and I need to make mortgage payments	Mortgage Payment Insurance.

My Safest Strategy to Invest in Real Estate

I play a very conservative game in real estate investment so the chances that I lost are very low. This is what I do. I will only buy a house if I have enough cash to buy the house. Assuming the house $300K, I will have $100K down payment and take the $100K loan from bank and finally invest the difference (which is $100K) in other investment (e.g. stock, mutual funds and etc.) to make sure the investment that I invest are higher than the bank's interest. Therefore, the chances that I lost in real estate investment is very slim and plus the property appreciation, how can I lost the game?