Monday, March 1, 2010
For class I did my presentation on Linkedin. I wasn't too excited about it because I didn't know anything about it. I am very glad that I did have to do this report because I have learned a lot about Linkedin and can see how much it is going to help me. I have never been able to say that about a project either. My favorite thing about Linkedin is the ability to ask professionals questions. I am very interested in investments and being smart about it right now so that I can get the most out of my investments. One way that I have considered investing is through whole life insurance. I have researched it a little bit and can see how it would be beneficial. I then asked if it would be prudent for a 22 year old to buy whole life. I have gotten almost 20 different responses from professionals counseling on this matter. It has helped a lot. Although there were a couple that were completely for it and a couple that said it was a waste of time and money; the majority said that is smart to have but not until you have a family. If you do not have dependents then there is no purpose. One professional in particular said something that I really liked. He counseled that I should wait until I have a house and a family. Then get a whole life that would cover my mortgage completely then get half a million dollars in term life insurance. I really liked the idea of that and am planning on following it. Linkedin is Awesome.
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