In his book The Black Swan, Nassim Taleb, reveals why many experts are nothing more than glorified profiteers who disseminate propaganda rather than factual and/or worthwhile information and knowledge. Taleb documents how certain professions have been cataloged as experts but are really nothing more than partisan publicists.  He enumerates by listing some of the professions …

Continue reading “Should You Trust Your Financial Planner?”

A Broken Retirement System It’s no secret that America’s retirement system is broken. The problem has been compounding for a few decades and it’s getting worse. It started with Company pension plans also known as defined benefit plans. These plans have always had mismanagement and underfunding headaches, and the problems accelerated on a large scale …

Continue reading “Retirement Remastered – Smart Strategy for Passive Income in Your Golden Years”

An Overlooked Solution to Fund Raising Campaigns Being on the front lines of a worthy cause can be both exciting and exhausting. That is because no matter how worthy or noble the cause, funds necessary to adequately fulfill the mission are not always readily available. The facts are,” money doesn’t grow on trees” and when …

Continue reading “Money Management for Non-Profits Made Easy”

Setting the stage First of all I want the reader to understand that I agree with most of what David Ramsey teaches and “rants” about. I lived his model of “Financial Peace” until I was 45 years old and have proved most of his money “Makeover” theories including being out of debt and paying cash …

Continue reading “Dave Ramsey and Life Insurance”

AND THE TRUTH WHICH WILL SET YOU FREE Understanding Life Insurance Part 3 You don’t have any dependents so you don’t need life insurance Everybody needs at least enough life insurance to pay personal debts and final expenses. If you are not insured you could leave your family or executor dealing with unpaid expenses. Besides, …

Continue reading “The 7 Biggest Lies You’ll Hear About Life Insurance”

Understanding Life Insurance Part 2 Participating Whole Life Insurance (PWLI) is a contract that remains in force for the insured’s whole life and typically requires premiums to be paid every year. The contract is between the policy owner[i] and the insurance company where the insurance company contractually guarantees to pay to the beneficiaries of the …

Continue reading “What is Participating Whole Life Insurance?”

PART  1. Kinds of Life Insurance “There are two basic kinds of life insurance policies: Paid-up permanent, and term insurance.”[i] Whole life insurance contracts (the oldest type of Paid-up permanent insurance) are designed around the entire life of the insured. They also build up cash value inside the policy via the paid up insurance portion …

Continue reading “Understanding Life Insurance”