When using the "buy term and invest the rest" strategy,the easiest way to ensure your money is actually invested is to set up

Question

Quizplus · Accepted Answer

Setting up an automatic investment program (AIP) with a mutual fund is the best choice for ensuring your money is actually invested when using the "buy term and invest the rest" strategy. This allows for regular contributions to be made automatically, without any additional effort needed from the investor. Cash-value life insurance and settlement option plans are not relevant to this strategy. The mention of cash-value life insurance twice in the original question seems to be a mistake.

When Using the "Buy Term and Invest the Rest" Strategy,the