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. […]
Why I push some people into the arms of my competition
I have seen many life insurance proposals over the years, and I think I might be one of maybe a handful of insurance agents who still shows the guaranteed column in the life insurance illustration. I also usually show what would happen to one of my custom whole life policies if NO dividends were ever […]
Truth debts
Every lie we tell incurs a debt to the truth, and sooner or later, that debt is paid. — Valery Legasov, Chernobyl (HBO) Many years ago, I worked for a large, well-known life insurance company. A household name. One night, I was working late with my boss. Well, actually it was my boss’s boss. He […]
Financial success secrets from a failed actor
People never change because they are under threat or under duress. Never. They change because they see something that makes their life seem valuable enough to start moving toward a life worth living. — Robert Downey, Jr. Robert Downey, Jr. went from being a failed actor to being one of the highest-paid in the industry. […]
My zero tolerance policy on financial risk
Let’s rap about risk. I have a zero-tolerance policy for risking my client’s money. Now, that doesn’t mean clients should never risk money. It just means any money my clients give me is not at risk in the financial markets. This wayward financial advice hinges on a financial concept called “risk capacity.” Risk capacity refers […]