Shopping for life insurance can be frustrating and confusing. That is especialy true when you are considering permanent life insurance policies that build cash values.
There are dozens of companies and a myriad of cash value products to choose from, however, there are only two basic types of cash value life insurance policies: whole life insurance and universal life [...]
Television is a great teacher. So is the internet. That’s only true, however, if you pay close attention to the advertising and not the shows that are supported by advertising. Advertising costs money. Lots of money. Businesses that can afford extensive TV and internet advertising need to be making lots of money. Advertising also tells [...]
In January, 2008 I wrote an entry in my blog about the failure of the White Star Line to add enough lifeboats to the Titianic because they believed it unsinkable. It’s worth re-reading today as the Titanic of the US economy is compromised by the arrogance and greed of the financial Behemoths and the gluttonous [...]
Pundits and politicians are bemoaning the entiely predictable failure of America’s financial triplets’ [the banking, insurance and investment Behemoths] irresponsible financial behavior over the past two decades: Bear Stearns, Indymac, Lehman Brothers, AIG, Fannie and Freddie, WAMU, Morgan Stanley, other lesser knowns and others yet to come.
The pundits want to explain the situation by pointing at everthing from executive [...]
A recent ad by the national Association of Realtors states that home equity accounts for about 65% of the average American’s wealth.
WOW! There’s something wrong with that equation. That means that a family with a $500,000 house and a $300,000 mortgage - $200,000.00 in equity - plus a car loan or a few thousand dollars on a credit [...]
“You got to know when to hold em, know when to fold em,
Know when to walk away and know when to run.”
The Gambler, Kenny Rogers
Equity harveting is the practice of acquiring the highest possible mortgage on your personal home so you can “invest” the money derived from the equity that is extracted in another appreciating asset.
Don’t [...]
“Badges? We ain’t got no badges! We don’t need no badges! I don’t have to show you any stinkin badges!” The Treasure of the Sierra Madre, 1948
The people in the Capital of the United States of America and in the capitals of the states and territories are elected to conserve the American capital that supports the government that [...]
01.10Someone asked…
Jeffrey ReevesMA
Dr Agon Fly