Things were going along pretty well this year, until Fed chairman Bernanke indicated that he might “taper” the bond buying stimulus, causing market makers and hedge fund managers to decide to take profits. As a result, most investment assets lost value. Read more →
Author: Carl Goodin
Schwab eDelivery
Most of our client assets are held in custody by Charles Schwab & Company, a registered broker/dealer which executes trades in our client accounts per our instructions. Schwab was one of the early discount brokers, and their $8.95 transaction fee remains quite competitive today.¹ However, the discounted fee is only available to clients who have authorized electronic document delivery. Read more →
What life insurance company should I choose?
Yes, it matters. It does matter what company you choose. And what specific product. Life insurance policies are not “commodities.” There are significant differences among them. In my opinion, people need the services of a good life insurance agent/broker/producer. Errors in information, judgment, or communication can result in losses of hundreds of thousands, or millions of dollars. Why pay more?… Read more →
Investment newsletter scam.
Why do people think investing is easy? For a variety of reasons investors sometimes draw incorrect conclusions regarding investment strategies. In many cases it is difficult, or impossible to know if an apparently successful method was, in fact the cause of the successful, or unsuccessful outcome. Appearances can be deceiving. Consider the hypothetical case of the fraudulent investment newsletter writer. … Read more →
About insurance…
Insurance is about risk management. Insurance is a device to manage risk. So, what is risk? Risk is a condition in which there is a possibility of an adverse deviation from a desired outcome that is expected or hoped for.¹ For example, the desired outcome for most families would be that both parents remain healthy and able to provide for… Read more →