Romans were smart doods. They used real honest-to-dog silver and gold for money. How do I know? One year, for my brother’s birthday, I hunted down one of the rarest of gems: a real life Daenerys (the coin, not “The Mother of Dragons”). The Daenerys was the official “coin of the realm” in ancient Rome. […]
Whole life insurance returns in perspective
I’ve receive some questions about what to expect from whole life insurance in terms of rate of return. Oh… rate of return. It’s soooooo misunderstood (especially by the financial geew-roos). This means I’m slacking off on my edjumucation dooty. SO… Today’s adventure is all about the num-num-numbers. Whip out your ipads and sharpen your pens:
Why I almost never recommend universal life insurance
Occasionally, someone will send me a quote they got from another agent for universal life insurance. Sometimes it’s guaranteed UL. Sometimes it’s indexed UL. Don’t see too many current assumption ULs anymore. I did when I first got into the biz, but not these days. Anywho, I rarely recommend them to my clients for a […]
A glassmaker’s secret to personal financial security
I grew up in the podunk town of Bath, New York. Bath is a hop, skip, and a jump from Corning. In fact, I lived right in the city of Corning in my early 20s and worked for Corning Incorporated making fiber optics modules. Working for Corning taught me a lot about financial security, even […]
There is no such thing as government funded healthcare
It’s all taxpayer funded. Everyone pays taxes. You. Me. Everyone. The difference between a “universal” healthcare option (which uses “community rating”) and a fully medically underwritten system is that the money passes through government hands first, which creates another layer of expense. That and community rating systems aren’t mathematically sustainable whereas fully underwritten systems are. […]