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 […]
Investment Losses – When to Call a Securities Attorney
When do investment losses justify calling a securities attorney? I know that you are a reasonable person. You know that even the best investments lose money at times. But there are times when broker fraud, scams and/or incompetence result in major hits to your financial position. That should not happen. Here’s an overview of those […]
Home Protection Plans – Why I’m Cancelling Mine for Good
Do you think that home protection plans are just another scam? You might be right. If you’re like me, you like the security of knowing you’re covered if something goes wrong at home. I’ll admit that I’m not the handiest Pilgrim there is. So when it comes to home maintenance, I have always had a […]