One of my favorite stories is Les Miserables by Victor Hugo. Some valuable lessons contained within that story too, despite it being mere fiction. Here’s what I mean: Near the beginning of the story, you learn about this man, Jean Valjean. He is imprisoned for 5 years for stealing a loaf of bread to feed […]
Why financial advisors don’t help you save more money
It’s my friggin’ Birfday. Howzabout that? Happy birthday to me. And what do I get for my birfday (other than awesome presents from the wifey)? More grief. Here’s what I mean: After working with financial planners for over 13 years, I’ve learned just how futile their attempts are at getting people to save money. Some […]
Random conversations with financial experts
Warning: This is a long email. Following is a dramatization of actual discussions with various financial experts and life insurance agents: Financial expert: “Whole life insurance is expensive.” Answer: All life insurance is expensive. The main difference is how those costs are distributed over the life of the policyholder, out to his or her maximum […]