Diversification is an essential ingredient in successful investing.
There are a wide variety of choices available to investors in today s financial markets. Traditionally, stocks, bonds, C.D. s, and mutual funds have crowned the investment menu. However, a progressive, yet reliable alternative has recently increased in popularity among current investors. The viatical settlement, defined as the sale or reassignment of life insurance proceeds to a third party at a discount, introduces an attractive investment alternative for the individual looking for new investment opportunities that are completely unattached to the stock market and its ups and downs. Despite their minimal exposure in the financial community, viatical settlements are not the unprecedented investment idea they may seem.