Experienced mutual fund salesmen concentrate their sales pitch on doctors, dentists, pilots, other professionals and other self-employed. These are the traditional soft touches for a stock investment. (For what ever reason, Doctors always seem to get into the worst business deals and I might add – pilots as well.). Years ago one of the most appealing angles of the professional-directed mutual fund story was the extra advantage of getting into one of the group insurance policies the funds offer.

This was especially intriguing to the individual who has thus far failed to benefit from this excellent form of cheap insurance. What you must watch out for, however, is this: Not all “group insurance” is alike. Always insist on a sample policy. Read it and see what you’re getting. Always become educated on any investment.

Never let the dollar value of your insurance gain oversell you on a mutual fund that may not be going anywhere. Make sure you’re buying into a good long-term investment. Some funds may not be any safer than individual stocks. What’s more, your input may not be readily available to you in emergency for some time to come, inasmuch as most of the mutual-fund “plans” take the salesman’s commission out of your payments in the beginning – like a life insurance agent’s commission.

As in all “plans” and “packages” it’s up to you, the buyer, to total up the worth of the individual components and decide whether you want to buy in that fashion. This is not to imply that mutual funds are not a good buy. I like mutual funds but not in an insurance policy and have a good basic rule. If a mutual fund is not old enough to be potty trained I do not waste my time looking at it. I look for mutual funds with a 10-15 years performance at a minimum.

Some have very fine potential. But they are by no means all alike. If you are going to put several thousand dollars into one over a period of time, give that big investment your utmost attention add care. Don’t be misled by the insignificance of the “down payment.

The time has come to erase any doubts you may hold on the subject of 3 free credit report Visit www.everlife.com to learn more about personal finance.