For the purposes of this article, I am only going to focus on how to help you find the right "face value" and "term" of your insurance policy. If you would like more detail on why you might need term life insurance, please read my post "Should I Have Term Life Insurance?". Lets make up … Continue reading Term Life Insurance: How Much Do I Need?
What Is The Point Of Bonds?
I think investors often miss the point of bonds in a portfolio. And not just individual investors - pension funds, financial advisors and portfolio managers are guilty as well. In my opinion, the role of bonds in a diversified portfolio is to reduce the overall risk of the portfolio. Plain and simple. Because stocks have … Continue reading What Is The Point Of Bonds?
Investing Backwards
Investing backwards is easy. Here is how it works: you take a look at a stock/mutual fund/asset class/allocation that has performed very well over the last few years and that's where you invest. Done. Super easy. The problem is that investors do not make money looking backward - that money has already been made. Investors … Continue reading Investing Backwards
Diamonds
I often meet people with investment accounts at Edward Jones, Merrill Lynch, Morgan Stanley, etc. When they learn that I am an Independent Financial Advisor the next question is usually this: "how are you different from my guy at insert brand name broker here"? I think the following story about purchasing a diamond ring helps … Continue reading Diamonds
Investing Trends – Floating Rate Bonds
Since the FED interest rate hike in December of 2016, floating rate bonds have caught the attention of bond investors. Floating rate funds are being sold to income investors as a way to make money in bonds during a raising rate environment. The case for floating rates notes goes like this: the FED is hiking … Continue reading Investing Trends – Floating Rate Bonds
