Category Archives: INSURANCE ADVICE

Is Gold a Good Investment? (Part 1)

“Mr. Bond, all my life I have been… in love with gold. I love its colour, its brilliance, its divine heaviness… I ask you… is there any other substance on earth that so rewards its owner?” – Ian Fleming, Goldfinger … Continue reading

Posted in ECONOMIC TRENDS, INSURANCE ADVICE, PRINCIPLES OF PROSPERITY, WEALTH-BUILDING | Tagged | Leave a comment

How to Buy Life Insurance for a Child

“The sooner you save, the faster your money can grow…” -Forbes.com, “The Five Most Important Money Lessons to Teach Your Kids“ Are you considering buying life insurance for an heir?In last week’s post, “Life Insurance for Children and Grandchildren – … Continue reading

Posted in CASH VALUE INSURANCE, FAMILY and FINANCES, INSURANCE ADVICE, WHOLE LIFE INSURANCE | Tagged , , , | 1 Comment

Life Insurance for Children and Grandchildren? The Surprising Benefits

“If you want to start an argument, ask a group of financial advisers what they think about buying life insurance for children.” – Bankrate.com Should you get life insurance for a child? Don’t people only “need” life insurance if they … Continue reading

Posted in CASH VALUE INSURANCE, FAMILY and FINANCES, INSURANCE ADVICE, WHOLE LIFE INSURANCE, WILLS and ESTATE PLANNING | Tagged , , , | 1 Comment

Something for Nothing: 3 Investment Traps

“Everyone loves something for nothing… even if it costs everything.” -Stephen King “When we try to get something for nothing (or next to nothing), we often end up with… NOTHING!” said Partners for Prosperity’s Kim Butler  on this week’s Guide … Continue reading

Posted in INSURANCE ADVICE, INVESTING ADVICE, PERSONAL FINANCES, WEALTH-BUILDING | Tagged , , | Leave a comment

Whole Life Vs. Universal Life: What Insurance Agents and Financial Advisors Really Think

“Believe (me), it’s not fun try­ing to explain to a client why his cash value went down and what are those high fees about.” – Agent/Advisor discussing Whole Life vs. Universal Life with a colleague Have you ever wondered if … Continue reading

Posted in CASH VALUE INSURANCE, INSURANCE ADVICE, INSURANCE AS AN ASSET, WHOLE LIFE INSURANCE | Tagged , , | Leave a comment

Should You Borrow Against Your Cash Value or Withdraw It?

“A penny here, and a dollar there, placed at interest, goes on accumulating, and in this way the desired result is attained.” -P.T. Barnum The Whole Life Insurance Dilemma: Taking Your Cash vs. Taking a Policy Loan Need a chunk … Continue reading

Posted in CASH VALUE INSURANCE, INSURANCE ADVICE, WHOLE LIFE INSURANCE | Tagged , , , | 3 Comments

How Much Life Insurance Do You Need? Get More Insurance for Less by Combining Policies

“A life insurance agent said to a would-be client: “Don’t let me frighten you into a hasty decision. Sleep on it tonight. If you wake in the morning, give me a call then and let me know.” – anonymous How … Continue reading

Posted in FAMILY and FINANCES, INSURANCE ADVICE, PERSONAL FINANCES | Tagged , , , , | 2 Comments