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 →
Author: Carl Goodin
Other life insurance questions.
There are other questions that must be answered when considering the purchase of life insurance. Questions like: Who should own the policy? Who should the beneficiary(s) be? How should the premiums be paid? These questions and others will be discussed in a subsequent blog entry. Related Posts: About insurance… Read more →
Investor behavior.
A study done by Dalbar, Inc., a financial services research firm, found that most investors who move in and out of their investments have a much lower long-term total return than those who employ a buy and hold strategy. The study, entitled the Quantitative Analysis of Investor Behavior, examines real investor returns from January, 1984 to December, 2000. Read more →