I don’t care if you’re looking for a second income or if you are retired and interested in creating a new revenue stream. Either way, if you want, you can make money with your blog. It can be a great small business idea — if you do it right. It will take time and work. […]
Group Long Term Care Insurance – Good or Bad Deal?
“W” asked me about group long term care insurance a few weeks ago: I’m 47, single with kids and in good health. My employer is offering group LTC insurance. I was thinking I would wait until I’m at least 55, maybe 60, before buying, if at all, but I can get in now with no […]
Mutual Fund Holdings — What’s Inside Your Fund?
Do you investigate the mutual fund holdings inside your mutual funds before you invest? I have some very strong feelings about doing this (which we will get to). But if you want to do it, it’s easy. First, clarify the symbol of your fund. Usually you can find that on your investment statements. If your […]
Can You Get Medicaid Easier by Owning Annuities?
A reader asked me recently if it’s easier to get Medicaid if you own an annuity. My dad is 84 and we had to put him in a skilled nursing facility. He resides in FL where he owns a home and has a tax deferred annuity. We are trying to get him on Medicaid because […]
Creating Wealth – Avoid these 3 Mistakes
If you’re interested in creating wealth, it’s a good idea to study the people who achieved financial success. Of course it’s important to have great entrepreneurial ideas. But it’s also important to learn from the people who had wealth and lost it. Here is one story that provides three invaluable lessons: Peter and the Wolf […]
How to Buy Life Insurance for Ill People
Just because you have poor health doesn’t mean you can’t get the life insurance you need. I usually get an e-mail once a week asking if there is such a thing as life insurance for ill people. While there is no magic bullet or secret insurance company that sells cheap life insurance to people who […]