How to Manage Your Investments Yourself
You don’t have to be a financial expert to manage your investments yourself. All you need is a bit of education and a clear outline of your financial goals. These are the three questions you need to ask yourself before you take on investment management: What would you do ifContinue Reading
How the Family Bank Benefits When You Insure Loved Ones
Discussing the family bank and whole life insurance isn’t a particularly romantic topic. Most people with life insurance policies name their spouse as the beneficiary and leave it at that. But taking out additional whole life insurance policies on your loved ones might just be the best Valentine’s gift youContinue Reading
9 Income Producing Assets Every Investor Needs
Income producing assets are what separate the wealthy from the working middle class. In fact, during his five-year study of habits of the rich and poor, author Tom Corley found 65% of millionaires had at least three streams of income. It’s important to have multiple income producing assets for theseContinue Reading
Tax Shelter Investments 101
Are you preparing for tax season? January 31 is the last day for employers to mail W-2 forms to employees. You may also have 1099s or other forms regarding your investments, such as 401(k)s, IRAs, HSAs, and various types of insurance. It can be confusing to know what you actuallyContinue Reading
How to Utilize Cash Value Insurance
Utilizing cash looks different for everyone. What’s great about owning a cash value insurance policy, also known as whole life insurance, is that when you are ready to utilize the liquidity there are no restrictions. You can use the cash for anything you want or need, and the liberty ofContinue Reading
What Is The Guaranteed Insurability Rider?
By definition, “insurance” is a contract that provides financial protection against loss. Whether it’s loss of property, a job, health, even a particular skill or unique characteristic (Betty Grable’s legs, Bruce Springsteen’s voice, etc.). One factor that plays a role in the selection of insurance is one you cannot preventContinue Reading
What Are Life Insurance Policy Riders?
“Life insurance policy riders? You mean there’s even more to consider?” You’ve done your homework. You’ve compared different types of life insurance. You’ve decided on the coverage you need—at the price you can afford. Now there’s another level of customization for your policy. Life Insurance Policy Riders Policy riders addContinue Reading
Accelerated Benefit Policy Rider: Your Living Benefit
Life insurance is, usually, purchased to provide financial support for your family upon your death. A pre-arranged sum of money is disbursed to your loved ones to be used in any way they choose—from paying off your mortgage, student and auto loans, and taxes, to replacing your income for theContinue Reading
How to Qualify for Life Insurance & Lower Your Premium
Do you qualify for life insurance? Insurability comes with a lot of misconceptions. One of the common reasons people overlook insurance as an investment tool is the assumption that they aren’t eligible due to a medical condition, lifestyle factors, or previous denial of coverage. There are many factors that determine whetherContinue Reading
Financial Freedom and Its Role in the American Dream
“When the architects of our republic wrote the magnificent words of the Constitution and the Declaration of Independence, they were signing a promissory note to which every American was to fall heir. This note was a promise that all men would be guaranteed the unalienable right of life, liberty, andContinue Reading