Only You Can Determine How to Get Rich
You are the only person that can tell you how to get rich. When the time is right, and when you are ready to create your investment portfolio for better gains, you’re naturally going to research about people who have received income from investments. And to be fair to yourself,Continue Reading
5 Resolutions to Get You The Retirement of Your Dreams
It’s day one of the beginning. Yes, now is the time to blow dust off the book you’ve been meaning to read, or reach into the dark hallway closet to get out your kettle weight. Whether you’re into it or not, the New Year has a way of giving peopleContinue Reading
Permanent Insurance: A Foundational Asset
One of the great and on-going, economic debates, in America, is about what the government should do to lessen or end a recession. Here are some of the most popular, but opposing, policies: Increase supply or increase demand Lower taxes on the poor or lower taxes on the rich MassiveContinue Reading
Understanding the Modified Endowment Contract (MEC)
Life insurance is an asset that has been protected from the government since the 19th century. Its protective qualities like, shelter from inflation and tax benefits, are a few of the major reasons why owning a policy is so attractive. However, regulation on the insurance industry finally happened in 1988Continue Reading
How will the Greatest Wealth Transfer in History (GWTH) Affect You?
The greatest wealth transfer in history refers to the baby boomers (those born between 1946 and 1964) retiring and transferring their mass amounts of wealth to their heirs or charities of their choice in the next 20 plus years. This ‘great transfer’ has erupted many points of discussion among politicalContinue Reading
Tax Benefits and Life Insurance
There are many benefits that come when you own a whole life policy besides just the death benefit; and rarely do you see much written about the living benefits. However there are a lot of tax benefits too. When you own a whole life policy or permanent insurance policy, itContinue Reading
Acquiring Your Own ‘Expansionary Policy’
In October 1907, our country was seized by a serious financial panic during a time when we were already struggling through a recession. The NY Stock Exchange fell nearly 50% across the country. Havoc ensued as people withdrew massive amounts of money from their state and local banks. In response,Continue Reading
Having a Retirement Income That Works for Your Lifestyle
We’ll start with asking the difficult question – can you afford the lifestyle you want during retirement? A lot of baby boomers are wondering. Forbes.com published a great article about this very subject. Baby boomers are in a dilemma. Many feel cheated by the retirement climate of today because theyContinue Reading
How to Fix Poor Credit
Unlike the old adage about leaving things that work alone, some things really are broken and do need fixing. Like poor or bad credit. While there are many reasons to eliminate all your credit card debt, keeping your existing credit good, is important for the times you really need it. Namely,Continue Reading
Avoiding Inheritance Tax: A lesson from Philip Seymour Hoffman
If you don’t live under a rock, you are probably aware of the horrific celebrity deaths that hit newsstands with shock – usually there is one or a two a year (sorry for the irreverence). Among those untimely deaths was that of actor Philip Seymour Hoffman. Almost a year agoContinue Reading