I need a 100 word reply to each of the following 8 post. This looks like a lot but its only 800 words total. 1) When purchasing a house there are many things to look for such as location, resale, and the foundation of the house. As expensive as houses are people need to buy them because they need to live in them and investing into a home of your very own is rewarding and usually you will make a profit over time. There are those investors that will purchase a house fix it up and resale it once it’s fixed up and they call this house flipping. Although real estate is a good investment there is quite a gamble in high hopes that you will make a profit when you’re ready to sell your house. “Your home is, first, a place to live; second, it is an income tax shelter if you have a mortgage on it; finally, it is a possible hedge against inflation” (Kapoor, Dlabay, & Hughes, 2012). This is why people purchase homes and because there is a connection to the home Houses will also sell when the interest rates go down and having the option to buy a home through a VA loan is financially relieving. The VA loan allow us to purchase a home with no money down and its usually at a lower interest rate then other mortgage companies. There are many ways to invest your money in real estate and this could be commercial property, undeveloped land, and investing in foreclosures (Kapoor, Dlabay, & Hughes, 2012). I think it would be a great financial gain to invest in a commercial property such as a duplex and fourplex and higher a management company to rent out your investment to reliable tenants. References Kapoor, J.R., Dlabay, L.R., & Hughes, R.J. (2012). Personal Finance (10th ed.). New York: McGraw-Hill Irwin. ISBN: 9780073530697 2)  Real estate is constantly fluctuating throughout the years, but it always appears to bounce back. The demand for a house will always be there, but it is important to be aware of the risks involved with using real estate as an investment. It can remain a solid investment over time if you are able to allow for that time to take its course of action and location being the most important. Real estate can be a good investment because you can hedge against inflation, have limited financial liability, no management headaches, and financial leverage. A disadvantage is dealing with taxes, but if it is done right you can have great tax deductions with mortgage interest which increases the financial benefit of home ownership.                 Commercial property is one of the several real estate investment vehicles. This includes land and buildings such as apartments, duplexes, hotels, stores, and office buildings. These types of investments produce a lease or rental income. There is also indirect real estate investments which is when you invest in real estate investment trusts, real estate syndicates, and participation certificates. A real estate investment trust is similar to a mutual fund. It is a pool of investors that with their money.

1. I need a 100 word reply to each of the following 8 post. This
looks like a lot but its only 800 words total.
1)
When purchasing a house there are many things to look for such
as location, resale, and the foundation of the house. As
expensive as houses are people need to buy them because they
need to live in them and investing into a home of your very own
is rewarding and usually you will make a profit over time.
There are those investors that will purchase a house fix it up
and resale it once it’s fixed up and they call this house flipping.
Although real estate is a good investment there is quite a
gamble in high hopes that you will make a profit when you’re
ready to sell your house. “Your home is, first, a place to live;
second, it is an income tax shelter if you have a mortgage on it;
finally, it is a possible hedge against inflation” (Kapoor,
Dlabay, & Hughes, 2012). This is why people purchase homes
and because there is a connection to the home
Houses will also sell when the interest rates go down and
having the option to buy a home through a VA loan is
financially relieving. The VA loan allow us to purchase a home
with no money down and its usually at a lower interest rate then
other mortgage companies. There are many ways to invest your
money in real estate and this could be commercial property,
undeveloped land, and investing in foreclosures (Kapoor,
Dlabay, & Hughes, 2012). I think it would be a great financial
gain to invest in a commercial property such as a duplex and
fourplex and higher a management company to rent out your
investment to reliable tenants.
References
Kapoor, J.R., Dlabay, L.R., & Hughes, R.J. (2012).
Personal Finance

2. (10th ed.). New York: McGraw-Hill Irwin. ISBN:
9780073530697
2)
Real estate is constantly fluctuating throughout the years, but it
always appears to bounce back. The demand for a house will
always be there, but it is important to be aware of the risks
involved with using real estate as an investment. It can remain a
solid investment over time if you are able to allow for that time
to take its course of action and location being the most
important. Real estate can be a good investment because you
can hedge against inflation, have limited financial liability, no
management headaches, and financial leverage. A disadvantage
is dealing with taxes, but if it is done right you can have great
tax deductions with mortgage interest which increases the
financial benefit of home ownership.
Commercial property is one of the several real estate
investment vehicles. This includes land and buildings such as
apartments, duplexes, hotels, stores, and office buildings. These
types of investments produce a lease or rental income. There is
also indirect real estate investments which is when you invest in
real estate investment trusts, real estate syndicates, and
participation certificates. A real estate investment trust is
similar to a mutual fund. It is a pool of investors that with their
money you produce construction or mortgage loans. Real estate
syndicates are partners who buy properties. Participation
certificates is an investment in a pool of mortgages that are
owned by government agencies.
Being involved in real estate can add another
investment into your financial portfolio. It has been proven that
housing rates are going up and it is expected to increase
significantly with the boomer nation. By investing properly in
real estate, you are providing yourself with another form of
income. In more simple terms it is adding another tool to your
toolbox.

3. References:
Kapoor, J.R., Dlabay, L.R., & Hughes, R.J. (2012). Personal
Finance (10th ed.). New York: McGraw-Hill Irwin. ISBN:
9780073530697
3)
“Estate planning is a definite plan for the administration and
disposition of one’s property during one’s lifetime and at one’s
death” (Kapoor, Dlabay, & Hughes, 2012). This means before
you pass away you need to legally handle where all your
essential belongings will be given to after you leave earth. This
is usually done when you are ready to retire but this could be
done when getting a divorce as well. This can be a very
complicated agenda and that is why it is important to pay a
professional attorney to help split the possessions evenly.
Trusts are a good thing to have when you have a large home and
assets that needs to be managed safely. “Basically, a trust is a
legal arrangement through which a trustee holds your assets for
your benefit or that of your beneficiaries” (Kapoor, Dlabay, &
Hughes, 2012). “Trustee services are commonly provided by
banks and, in some instances, by life insurance companies”
(Kapoor, Dlabay, & Hughes, 2012). A will is important to
ensure that a certain person(s) will receive their estate after
they pass and it is in writing. A will can be changed throughout
your life it is important to hire an attorney to help legalize your
will. If you die without a will they will investigate to see who
your family was starting with your spouse then children and so
on.
References
Kapoor, J.R., Dlabay, L.R., & Hughes, R.J. (2012).
Personal Finance
(10th ed.). New York: McGraw-Hill Irwin. ISBN:
9780073530697
4)

4. Estate planning involves deciding what will happen to your
assets in the event of your death. People accumulate assets over
their lifetime and before their death they must determine how
those assets will be distributed. This is normally done by
creating a will, which is a legal document outlining exactly
where your assets are to be dispersed (Kapoor, Dlabay, &
Hughes, 2012). Without a will or a trust, the state will decide
how your assets will be divided no matter what your wishes may
have been. A trust is having a trustee, either a person or a bank
trust department, manage your property and assets for you or
your beneficiaries (Kapoor, Dlabay, & Hughes, 2012). There
are many different options when it comes to estate planning and
depending on your situation different options may be better.
Since wills or trusts are legal documents, it is a good idea to
have a lawyer assist you to make sure everything is done
properly. Incorrect paperwork, wording or many other issues
can cause problems after your death. Life insurance can be
used as a trust. This is something that you set up while you are
still alive and your trust will receive your benefits after your
death (Kapoor, Dlabay, & Hughes, 2012). Many people do not
think about estate planning because it is a topic they do not
want to discuss or they feel they do not have any assets to pass
on. Everyone should have an estate plan no matter how many
assets you have, otherwise there can be a lot of tension among
loved ones after your death and often your assets will not be
dispersed the way you had wanted.
Kapoor, J.R., Dlabay, L.R., & Hughes, R.J. (2012).
Personal Finance
(10th ed.). New York: McGraw-Hill Irwin.
5)
Decreasing term life insurance would be a great choice for
mortgage life insurance, according to investopia (2016) “

5. which pegs its benefit to the remaining mortgage on the insured'
home”
. The structure of a decreasing term insurance is that the policy
is paid for before coverage expires, this is a way to avoid
paying for the smallest amount of coverage by the end of the
term (Rejda, 2011).
Ordinary life insurance would be best suited for individuals that
require lifetime coverage, or pay least past the age of 70 years
of age (Redja, 2011). The structure of ordinary life insurance, is
developed that it can be used as a way of saving money and
would be paid upon the death of the insured. Ordinary life
insurance would be best suited for young individual which like
the option on cash in the policy.
A universal life insurance is considered a more flexible type of
life insurance than other life insurance policies. The policy
holder of a universal life insurance has the option to determine
the amount and frequency of the premium payments the only
exemption is the first premium payment (Redja, 2011). Another
aspect of the insurance is that the insurance holder can
withdraw cash and separate the protection from the saving
component (Redja, 2011). Individuals, with a flexible income
would chose a universal life insurance policy.
Variable universal life insurance, are similar to the universal
life insurance, the insurance holder chose how the premiums are
invested and the only however, the investment has no
guaranteed return on the investment but the return on the
investment is tax free. The profits are hold until the death of the
insured death and are still tax free.
References
http://www.investopedia.com/terms/d/decreasing_term_life.asp
Rejda, George E. (2011) Principles of Risk Management and
Insurance 11th edition. Boston, MA. Pearson Education Inc.
6)

6. Decreasing term life insurance is better suited for younger
people who are looking for a way to provide their families with
some financial assistance (Decreasing term, 2015). One reason
that this type of insurance is better for younger people is that it
is inexpensive and renewable. Also, the payments end before
the insurance expires or decrease as the policy matures (Redja,
2011).
Ordinary life insurance is best suited for individuals
that need lifetime coverage, or at least coverage past 70 years
old (Redja, 2011). Due to the structure of ordinary life
insurance, it can also be used to save money which will then be
paid upon the death of the insured. Generally speaking, an
individual can get much higher coverage for the same price
through term life insurance (Redja, 2011). So, ordinary life
insurance would be a good choice for a young individual who
wants a savings aspect with an option to cash in the policy.
Universal life insurance policies tend to be more
flexible than other types of insurance policies. For example, the
policy owner can determine the amount and frequency of
premiums, except for the first premium (Redja, 2011). These
policies allow the owner to withdrawal cash from them and
separate the protection and saving components (Redja, 2011). In
general, universal life insurance policies would be a better
option for individuals with less predictable income streams.
Variable universal life insurance policies are nearly
identical to universal life insurance policies. The few
differences are: the policy owner dictates how the premiums are
invested and there is no guaranteed minimum interest rate or
cash value (Redja, 2011). One significant advantage to these
plans is that the interest earned on the investments is not
currently taxed. If the policy is held until death, no federal
income tax is paid on the earned interest (Redja, 2011). On the
other hand, the expenses associated with variable universal life
insurance plans are higher which decreases the tax shelter of the
universal plans. Variable plans would be best suited for
individuals with investment experience that share the same

7. attributes as those listed for the universal plan above.
References
Decreasing term life insurance. (2015). Retrieved from
http://www.mozdex.com/decreasing-term-insurance.php
Rejda, G. E. (2011).
Principles of risk management and insurance
(11th ed.). Boston, MA: Pearson Prentice Hall.
7)
Traditional indemnity plans are structured in a way that allows
the insured to choose a physician, who was paid for the covered
services (Rejda, 2011). One major advantage to this plan is the
freedom to choose a physician as well as the more relaxed
approach to cost containment (Rejda, 2011).
Managed care plans “provide covered services to the members
in a cost-effective manner” (Rejda, 2011). Disadvantages of this
are limited choices on physicians and hospitals, and strict cost
control (Rejda, 2011). An advantage to this form of health care
is focus on preventative care and healthy lifestyles (Rejda,
2011).
After reading the text it sounds like traditional indemnity plans
are a good options, but they are widely no longer used (Rejda,
2011). Personally I have a preferred provider organization
(PPO) health plan, which was a better fit for my family
compared with the health maintenance organization (HMO)
option that was available. There is also a third form of a manage
care plan, a point-of-service (PSO) plan, which I had never
heard of before until reading the chapter. It appears to be
another reasonable option because there is still freedom to
choose but financial incentives to receive services from within
network (Rejda, 2011).

8. Rejda, George E. (2011) Principles of Risk Management and
Insurance 11th edition. Boston, MA. Pearson Education Inc.
8)
Traditional indemnity plans are split into two types:
basic medical expense insurance and major medical insurance.
Basic medical expense plans usually provide hospital and
surgical expense insurance, physicians’ visits and other
miscellaneous benefits (Redja, 2011). The first two benefits pay
for expenses incurred during hospitalization and surgical fees.
Hospital expense insurance will likely have a daily maximum
limit. Modern plans pay surgeons’ fees as long as they are
reasonable or “customary” (Redja, 2011). Finally, these basic
plans can include radiation therapy, x-rays, CT scans, and MRI
scans.
The second type of traditional indemnity plan is major
medical. Major medical plans are designed to cover most of the
covered expenses in the event of a catastrophic illness or injury
(Redja, 2011). These plans can be used to supplement basic
plans. When used as a supplement to basic medical plans, major
medical plans will likely have an out-of-pocket maximum. This
puts a limit on how much an individual will have to pay for a
stay at a hospital.
The next type of insurance plan is a managed care plan.
Managed care plans are simply “medical expense plans that
provide covered services to the members in a cost-effective
manner” (Redja, 2011). In these plans, though, there may a limit
to which hospitals, specialists, or surgeons that the covered
individual can see. Under these plans, cost reduction and quality
of the services is closely monitored.
Traditional indemnity plans are more flexible in terms
of which medical service provider than the insured person can
see but are likely to be more expensive. Their use has
significantly decreased over the last few decades. Managed care

9. plans are more popular now since they are cheaper. The major
drawback, though, is that there is a limit to which medical
service providers are carried by the plan.
References
Rejda, G. E. (2011).
Principles of risk management and insurance
(11th ed.). Boston, MA: Pearson Prentice Hall.