Have you ever contemplated starting your own business but quickly gave up on the idea, thinking, “I can’t afford it, at least not now”? That’s a conclusion you might come to if the entrepreneurial ideas you’ve been thinking about are franchises or of the old-school bricks-and-mortar variety. There are businesses you can start for less […]
Archives for May 2011
Landlord Liability Risks You Must Understand if You Own Property
Rental real estate is one of the most rewarding investments ever, featuring the dual advantages of rental income from tenants and long-term capital appreciation. However, as risk is never far from reward, a landlord must be adequately protected from the unexpected — and that means insurance for landlord liability. If you think that once you […]
How Should I Invest Right Now?
If you’re asking yourself what to invest in right now, you’re not alone. Many clients ask me this question on a daily basis. They want growth and they want inflation protection and they want safety. Are they asking too much? Once I became a financial planner, I learned a lot about people. What’s baffling is […]
Should You Cancel Your Whole Life Policy?
Should you cancel your whole life policy? Here’s an e-mail I received that asks this very question: I was wondering about a $5,000 whole life insurance policy that my wife’s parents took out for her nearly 30 years ago. We’re paying about $80 a year to maintain the policy that I guess has some cash […]
How to Avoid Identity Theft while Traveling
You can do everything possible to stay safe on the internet and still be at risk of identity theft. If you travel, you have to be extra careful about identity theft. I often travel to visit my daughter who lives overseas. Her apartment has become like a second home to us. But it seems like […]
CEFs – What They Are and Why You Need to Understand
Investors are looking for better investments that offer protection from inflation and growth potential given the rocky investment environment we’re all dealing with. Are CEFs the answer? Maybe. What are Closed End Funds (CEFs)? CEFs are like mutual funds in that they pool investors’ assets. Managers take that money and buy shares or bonds of […]