The first change that I would like to tell you about has to do with my function as a Missouri insurance producer.¹ I have been a licensed Missouri insurance producer since 1979, licensed to kill. No, wait. That’s not right. That’s James Bond. My licenses allowed me to sell insurance products in the state of Missouri, but not to kill. As of… Read more →
Category: FPAI Operations
2nd Quarter Reports and Some Wisdom from Honest Abe.
Our clients’ preliminary 2nd quarter reports have been posted. Final reports, including CPI information will replace the preliminary reports toward the end of the month. Of the twelve investment categories commonly used and shown below, eight were negative for the quarter. Investment Category Representative ETF 2015,Q2 iShares NASDAQ Biotechnology (IBB) 8.51 Vanguard Healthcare (VHT) 4.58 iShares Russell 1000 (IWB) 0.54… Read more →
A Quick Note Regarding Next Week.
Jayne and I will be out of the office next week. We have made arrangements to handle any urgent client needs while we are out, but would ask that routine client service requests be held until the following week. We will be able to receive emails and voice mails most of the time while we are out, but in some cases… Read more →
Retirement contribution limits, QLACs, a case of fraud and the circle of life.
The IRS recently announced adjustments to retirement plan contribution limits. In 2015 the elective deferral limit for 401(k) participants will be increased to $18,000. Most similar plans, 403(b), 457, etc. will allow increased contribution limits as well. The catch-up contribution limit for employees age 50 and over will increase to $6,000. Therefore, older employees can defer as much as $24,000 next… Read more →
Today’s quiz, longevity insurance, three books and the new website.
Today’s quiz has to do with asset category returns. The first decision an investor must make is choosing what to invest in. Stocks? Bonds? Real estate? Gold? Futures contracts? Persian rugs? Pork bellies? Several large studies have found that the investor’s answer to the question of which asset category, or categories to invest in is of major importance, likely the most… Read more →