The short answer? Most people should buy 20-year or 30-year level premium term insurance. This type of insurance offers the lowest cost for most people during their working/providing years. Of course, there can be reasons why another type of life insurance would be more appropriate, but, for most people, most of the time this is what I recommend. The main… Read more →
Some of our clients have asked if we should invest in gold. (Posted August, 2013)
Don’t you wish you would have purchased gold early in 2009? Remember? The global credit crisis? The “world is going to hell in a handbasket” scenario? Many speculators rushed to buy gold, and the price shot up, and up some more. The airwaves were jammed with talking heads reporting record profits from investing in gold, and there were advertisements a… Read more →
And what about “The Taper”?
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 →
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 →