Introduction to Business Essay Example | Topics and Well Written Essays - 250 words - 2

Introduction to Business - Essay Example The safest way that a bank can safeguard my money is through insurance. What more can banks do to further ensure this is true? Effective banks with strategies of safeguarding depositors’ money should take covers against losses from insurance companies with good reputation, good history, and strong financial base. The insuring company should have been in the insurance industry for a considerably long period of time to have proven its competence. According my job, I am planning to retire at the age of 60 years. I will be no longer productive in my profession hence it will be time to rest and enjoy the fruits of my hard labor. I want to serve my people in the best way I can in order to build a base for prosperity for the future generation. Steps I have taken? I am working hard to ensure that all my children will be through with their education and living a better life before my retirement. What more do I need to be doing now to make sure it happens? I need to invest in profitable business opportunities. I am directing a good portion of my income to educating my children as well as in ventures which have promising returns by the time I retire. I am also saving part of my income in credible banking institutions. I have also engaged my income into a good life insurance scheme to cater for my old age at that time as well as my family while I am