article thumbnail

Expert Tips on How to Create an Investment Strategy That Works With Your Goals

Strategy Driven

For illiquid investments, you can consider real estate investing. You may also decide to invest in the real estate market or other physical products that increase value with time. If you choose investment funds, you will have to pay the fund manager too. If you want a liquid investment, stocks would be the best.

article thumbnail

Personal Finance Management: What It Means Before And After You Retire

Strategy Driven

Before you invest in any Risk Management & Insurance , however, you need to know a few things. Notably, looking for a secondary income source such as rental income from real estate investments can be a good option. Invest and Save for post-retirement. Likewise, you can also invest in mutual funds and reap profits.

Finance 66
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Importance of Workers Compensation Insurance for Hawaii Businesses

Strategy Driven

These include volunteers for religious, charitable, or educational organizations; students working on school projects for room and board; domestic workers who are public welfare recipients; and real estate brokers who are paid solely on a commission basis. All other employers are required to carry workers’ compensation insurance.

Insurance 109
article thumbnail

How the Insurance Industry Can Push Us to Prepare for Climate Change

Harvard Business Review

Third, people are over-optimistic and thus underestimate their own risk exposure. And the risks are real: Zillow’s research predicts that $400 billion dollars of real estate value in Florida could be at risk from climate change by the year 2100.

article thumbnail

Services You Need To Protect Your Commercial Property

Strategy Driven

Looking after your commercial property takes a lot of work. Many responsibilities require your attention, and the to-do list is forever expanding. Though the pandemic has inspired an uptick in virtual work environments , this does not mean that commercial environments will be flushed down the toilet completely.

article thumbnail

The Risks and Benefits of Using AI to Detect Crime

Harvard Business Review

Businesses are constantly experimenting with new ways to use artificial intelligence for better risk management and faster, more responsive fraud detection — and even to predict and prevent crimes. So how are leading-edge companies evaluating the benefits and risks of rapidly evolving AI crime-fighting and risk management?

article thumbnail

How to Get Our Savings on the Move Again

Harvard Business Review

Some politicians claim that unsystematic loan losses, like the $2 billion loss JP Morgan recently suffered, significantly increase the risk of another financial crisis. A 30% drop in real estate prices, which systematically threatened all lenders with upwards of a trillion dollars of losses, caused the financial crisis.