In the last three days, I received notification from several insurance companies (providing Long Term Care, Annuities, life insurance, etc.) who are getting rid of income riders, charging more for coverage, and decreasing the benefits on their new policies. The reason: extremely low interest rates over the past 3-years in conjunction with the low-rates forecasted […]
You Snooze, You Loose. Read More »
Look into your crystal ball and imagine this hypothetical headline 10-years from now: “Government Bonds Deliver Negative Real Rates of Returns for 10-years Straight!” “Is this even possible,” you ask? Yes, when you consider the extremely low yields bonds are offering today and the possibility of inflation over the next 10-years. Of course there is
Are Bonds a Sure Thing? Read More »
To “cover your assets” properly, you need to be proactive. And to be proactive means that you need to employ the resources, services, and appropriate vehicles to preserve the intentions you have for it/them. Recently, an estate planning attorney brought to my attention a Forbes magazine article that featured the “7-major errors in estate planning.”
CYA…that is, Your Assets! Read More »
Think back to early 2009. Gas prices were skyrocketing, 401k accounts were in the toilet, housing prices were plummeting, businesses were closing, and people were being laid off left and right. The general mood was thick with bad news and the constant reminder that today was definitely worse than yesterday. Yet, through all the negativity,
5-Staycation Ideas Read More »
