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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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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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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Basic Tips for Financial Success

One of the best gifts you can give your children is an education in the basics of financial responsibility. So when a friend emailed us the other day and asked us to write down some basic financial tips for her son, a graduating high school senior, we gladly complied. After all, how many of us […]

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Cut the Clutter!

Stop Unwanted Spam and Marketing Messages When you open your email inbox, you’re probably not excited to see several dozen unopened marketing messages from companies you don’t know. When you walk out to the mailbox, finding a bunch of envelopes with advertisements and bills isn’t exactly exciting. Check your voicemail, and you’ll only want to […]

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Living Below Your Means: 10 Things to Give Up That You May Never Even Miss

Sometimes you may find yourself in a tighter financial situation than you thought you would. Maybe that paycheck didn’t reach as far as you had hoped. Maybe there are more expenses than you thought. Maybe taxes just went up, or inflation is kicking you in the rear. Or maybe you are just trying to boost […]

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