In match your wealth with your goals in life, I explained the right philosophy you should have when thinking about your assets and liabilities. The lifetime asset and liability of many of us. This liability-driven investing is quite an approach taken from how actuaries look at things. An Actuary is a person or someone who analyzes the consequences of risk. Actuaries use mathematics, statistics, and financial theory to study uncertain future events, especially those of concern to insurance and pension programs. Actuaries may work for insurance companies, consulting firms, government, employee benefits departments of large corporations, hospitals, banks and investment firms, or, more generally, in businesses that need to manage financial risk. I feel that actuaries are the people who try to model the fluffy stuff we think cannot be modelled. Sometimes, their model is the most sound as it takes out the human side of things. Recently,...