At our recommendation some of our clients own non-traded real estate investment trusts (REITs) offered and managed by KBS Capital Markets Group and KBS Capital Advisors respectively. These assets have had a positive effect on the risk adjusted returns experienced by our clients who hold them and we expect that positive effect to continue. They are also illiquid assets with… Read more →
Safer Cars and Less Safe Pensions.
First a bit about safer cars. If you have read my blog posts you know that I expect transportation to change dramatically during the next 5 to10 years. I expect costs to be substantially reduced. I have mentioned the Uber effect. I have mentioned my niece in Chicago who uses Uber to get around town. I was with her recently, and she… Read more →
A Change, Another Change, and Some More Changes.
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 →
What about income loss due to accident or sickness?
Loss of income due to accident or sickness is a life risk exposure similar to that of the death of a household provider, except that the actual cash need is greater since the disabled provider has ongoing needs in addition to those of the spouse and children. Disability income insurance pays a benefit when someone is unable to work. To… Read more →
How much life insurance do I need?
Life insurance pays a cash benefit to a beneficiary upon the death of someone. The human life value. What is the value of a human life? Of course, a human life has great value with regard to achievement, companionship, inspiration, and so on. There is also the financial value of a human life. To understand this concept, ask the question,… Read more →