Collapsing Life Insurance

Life Insurance. Those words are enough to make many people’s eyes roll over into the backs of their heads. Some people think it’s boring. Others simply don’t want to think about the fact that death is involved in anybody’s collection of “life” insurance. Still, each month, provides hundreds of million of dollars to widows, widowers, and […]

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Albert Einstein and Our Tax Code

The great physicist and philosopher Albert Einstein once said, “The hardest thing in the world to understand is the income tax!” The man was a genius and even he couldn’t make sense of our tax code, and it’s only gotten worse over the years. The Ever-Changing Tax Code Since 1914, the tax code has changed […]

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Cashing in Old Life Insurance

Many people have asked us about old financial papers and their current worth. The questions have included what to do with old bank certificates of deposit, old stock certificates, and ancient papers from life insurance companies. Typically, they are most interested in knowing whether these papers mean found money. Free Money Hiding in the Attic? Dear FedNav, I found […]

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What Does a Financial Planner Do? Can He Bake a Cherry Pie?

If you’ll allow me the grace of an analogy we’ll have some fun and I’ll answer our most commonly asked question, “What does a financial planner do?” It’s in My Genes I confess that I’ve never baked anything in my life, but my daughter, Corey, is a prize-winning baker. She has won Grand Champion ribbons […]

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Annuities: The Financial Swiss Army Knife

From politics to religion, it’s no secret that this country is sharply divided on many issues.  Remember when Republican Ronald Reagan was President and Tip O’Neal was the Democratic Leader?  Although the two great men often argued vehemently, their disagreements were never personal. Reason always seemed to prevail, and at the end of the day, […]

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Chicken Little and The Stock Market Swoon

It’s no secret that the stock market is extremely volatile. The only guarantee is that it will go up and down, and wide swings can make even the savviest investor nervous. Sometimes it’s enough to make you want to pull out everything you’ve got. The Sky is Falling The 24/7 news cycle inflames investor concerns […]

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Retired Sports Stars- What they did after retirement

We see sports stars out on the field all the time. They’re sports stars, it’s what they do! We watch them and cheer them on. We celebrate when they win and are crushed when they are defeated. They represent cities and countries in various games. But what do they do when they hang up the […]

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Are Annuities Only Good for the Person Selling Them?

I was in the police station the other day getting fingerprinted (required by FINRA for all registered insurance reps) and as I was pulling up my sleeves to stick my finger in the ink, the police officer asked me why I was there. When I told him that I’m a registered investment representative and it’s […]

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CD’s vs. Annuities (plus an infographic!)

I’m always suspicious of those magazine ads selling socks or sweatshirts that say “one size fits all.” I’m a pretty big guy, with 50-inch shoulders, that still plays rugby with “The Old Boys Club.” My brother is tall and a little on the thin side. The point is, there’s no way the two of us […]

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Buying Domestic: Is it Worth It?

One of my favorite stories is about a boy on the beach. After a big storm comes through he begins picking up starfish and throwing them back into the ocean. By and by, an old man walking along the beach strikes up a conversation with the boy. “Son,” he explains, “there’s been a big storm. […]

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