Insurance Secrets

Death and Taxes

Death and Taxes

Part 4 of 10 – Insurance Planning Secrets. There is a theory out there called the theory of diminishing needs for insurance. It is based on the premise that, if we plan properly, we eventually become self-insured through the elimination of debts, the accumulation of investment assets and the reduction of expenses. I used to believe it but the past…

Are You Still Breathing?

Are You Still Breathing?

Part 3 of 10 – Insurance Planning Secrets. Think back over the past year. How many people in your circle of relatives, friends or acquaintances have died? Not too many I bet. How many have had a heart attack, stroke, cancer or other critical illness and lived? How many people do you know that have had to take valuable time…

Will a broken smartphone destroy your future?

Will a broken smartphone destroy your future?

Part 2 of 10 – Insurance Planning Secrets. The last time you bought a car, home appliance or electronic item, what add-on does the salesperson usually ask you to buy? Of course – the extended warranty. Most salespeople seem puzzled whenever I steadfastly refuse to buy the extended warranty. My answer is quite simple: “I only insure against catastrophic losses.” If my smartphone breaks…

About Those Power Tools!

About Those Power Tools!

Part 1 of 10 – Insurance Planning Secrets Having grown up in an age of real fireplaces and having done some old-school camping, I also helped gather firewood, watching my dad quickly buck it into lengths using his chainsaw. Until I learned how to use it, it scared me! A chainsaw is a powerful, useful tool but dangerous in careless,…

Shaken or Stirred?

Shaken or Stirred?

This line has belonged to Sean Connery since first spoken in Ian Fleming’s 1962 production, “Dr. No.” Since that time, many of us have only fantasized about his travels to exotic places, living life on the edge, playing with cool toys and, because I’m a happily married man, I’ll just stop there! In the twisted mind of the financial advisor…