At a meeting of financial advisors, I was recently asked, “do you actually think life insurance is an investment?” My inquisitor was making more of a statement than asking a question, so she was surprised by my answer: “I can tell you that life insurance was an investment for me; one that I’m benefiting from
You have heard the term, but you don’t know how it works. You may even be familiar with the strategy, but not aware of the nuances. How might this strategy benefit your clients? And which ones? Why should one use premium financing over other types of loan investment alternatives? Premium financing is a strategy whereby
The estate planning market was originally conceived to handle the distribution of assets (mainly real estate) among the descendants of deceased rich people. There were two objectives to this exercise. Firstly, estate planning helped structure the distribution of wealth among the deceased’s spouse, children and other friends and relatives. The second objective was tax planning.
Each type of investment comes with its advantages and disadvantages. Nevertheless, millions agree that real estate is the best type of investment as the pros clearly outnumber and exceed the cons. If you are considering whether you should diversify your investment portfolio with a couple of real estate properties, here are the most important benefits
In Warren Buffett’s 2016 letter to Berkshire Hathaway shareholders he wrote, “If a statue is ever erected to honor the person who has done the most for American investors, the hands down choice should be Jack Bogle.” Jack Bogle is the founder of the Vanguard Company and created the first index fund in 1976. He
Your boss would love for you to feel like you have a stake in the company. After all, loyal employees put in longer hours, produce better work, and stick around for more years than those whose feelings about the organization can be summed up with a resounding, “Meh.” There’s just one problem: With job security a thing of