Chap+2-Literature+Review

In the previous chapter, we have briefly explained the fundamentals of the present study for the investment and its benefits. To provide a clearer understanding of this study, I will thus discuss a few issues that related to my topic and consistently envelope for my topic discussion. I will explain more about the important of getting better returns, for our protection and study planning.
 * 2.0 Literature Review **

About the personal investment, actually a person does not need to be a genius in specific mathematical of finance. As well as that person able to calculate the amount of money and understand that money has a time value (Lilian Ng, 1990s). In investment, the returns earned on investments can also be put to work to earn more returns (Lilian Ng, 1990s). Elizabeth Grant (1992) claims that although it might take risk on the investing but the higher the risk, the higher the return will be. One must try to involve in and learn from other, this will make them grow with knowledge about investment in this society that illustrated by Motgage Broker (1989). Actually there are a number of people does not understand investment, but it is important for them to know as it will serve as protection agent. Edmund Wee (1999) offered the theory of insurance planning. The theory is to be more alert about insurance planning since it is about protecting people against event like death or major illnesses. However, there are many people who have bought life insurance without a full understanding of what they had bought or what they will discovered for. Whatever invested is not only for sole benefits yet it able to provide an income or positive future cash flows. Although it may increasing or decreasing in value giving the earning or losses for a person. Therefore, this is a smarter way to save (Lilian Ng, 1990s). Tan Tiong Cheng (1988) discovered that the benefits of a good education can last a lifetime. This is an important investment for children future. Ideally, as soon as the children are born until they finish studying; it will cost a large number of spending (Los Angeles, 2000). With the high cost of education nowadays, if a parent intension is to send their children overseas for tertiary education, it is important for them to plan it claims by Lilian Ng (1990). Actually most banks do offer education loans nowadays yet parents would rather pay for their children’s education than resort to loans. Therefore, most children policies will provide them for premiums in the event if something happen to their parent (Lilian Ng, 1990s). In 1987, Los Angeles discovers that when a child reaches high school age, parent will probably want to begin moving collage investments into lesser-risk investment.
 * 2.1 Getting Better Returns **
 * 2.2 Protect ourselves **
 * 2.3 Education Planning **