The Case Against Permanent Life Insurance

Nearly everyone needs life insurance, but it’s easy to end up with a bad policy.

I’m specifically talking about permanent life insurance which provides protection for your entire life as long as you continue paying the premium and the insurer remains solvent. Permanent life insurance comes in three broad flavors: whole life, universal life and variable life.

Most people who end up with a permanent life-insurance policy probably are spending more money than they should for more insurance than they need.
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The Best Three Designations for Financial Advisors

Choosing a financial advisor can be a confusing process, particularly given the different standards of care that financial professionals provide. Making matters worse is the wide range of job titles and designations people use to convey their expertise.

While a job title might have some relevance to a firm’s internal hierarchy, you can start with the assumption that all job titles are a form of marketing. Titles are unregulated and cannot be treated as verifiable proof of someone’s credibility or authority to serve your financial needs.

Professional designations provide a more standardized way for people to convey their expertise, but not all letter combinations require the same degree of knowledge and training.

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CNBC Replay: How to Think About the Market Today

This morning I appeared on CNBC’s Worldwide Exchange with Brian Sully to talk about how investors should think about the market today. A full replay of the segment can be viewed below along with links to related articles on some ideas I referenced in the interview.

Related reading:

 

 

Navigating Uncertain Markets

The future is unknowable, and there are risks inherent to that. Our success in managing those risks will determine our success in investing. With markets hovering near all-time highs and interest rates beginning to rise, it has never been more important to understand how to approach volatile and uncertain markets.

Below is the replay of my presentation to the American Association of Individual Investors in Los Angeles on July 21, 2018.

Investopedia Top 100 Financial Advisors

Investopedia 100

It is such an honor to be included among Investopedia’s 100 Most Influential Advisors.

Here is a high-level snippet from Investopedia’s explanation of the recognition.

The Investopedia 100 seeks to measure influence. We have endeavored to quantify the impact that our advisors have on their clients and the broader financial community. Influence isn’t about being popular. It’s about helping others (although being popular helps if one’s popularity is tied to the mission of educating investors).

In developing our list, Investopedia’s data sciences and editorial teams identified advisors across the country who are best able to engage with their audience across platforms.

Educating others on financial issues has always been a passion of mine. It is the primary reason I started this blog as well as the inspiration for my book that will be published in early 2019 (sign up here for book updates).

Thank you to all my readers for the continued support.