Category Archives for Financial Tips

Average 401k Returns: The News is not so Good – Average Rate of Return on 401k

Back in the Spring of this year, good news came out of CNBC regarding average 401k returns when they published an article titled Big Surge in 401k Balances, but Workers still not Saving Enough. The news

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Why Your Rate of Return is always Different

Most of us have seen the marketing brochures distributed by mutual fund companies and investment products salespeople as an inducement to place our money in a fund. At the very least, we’ve encountered

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Exotic Investment Schemes are NOT Always Better

Have you ever met someone who has had the next great investment idea?  It may be a really good friend, perhaps someone that you see on the cocktail party circuit or in many cases it’s your friendly

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The Rule of 72

I know what most of you are probably thinking: the rule of 72? Have the Insurance Pro Blog guys run out of ideas for post topics? Or busy week? Maybe they didn’t have time to come up with something more

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Suze Orman on Prospecting: If you have to, you must not be very good at your job

Normally we leave Suze Orman alone, but now I've written a post about her two weeks in a row.  I promise next week not to talk about her at all. Actually, this piece has been in the works for a while.

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Killing Another Sacred Cow-Why buying a house is NOT an investment.

Today, I’m venturing a ways off the strictly insurance-related path to discuss a topic that is more closely tied to general personal finance. While it’s an important topic to address, the majority

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Numerical Illiteracy, it’s Worse than You Thought

  Today the most fascinating experiment on the human condition took place on (of all places) Facebook.  When I took my somewhat usual stroll into check Facebook this morning I happened upon a post

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Wealth Building Opportunity

While most financial advice is heavily focused on maximizing return while minimizing fees (and this perhaps is one of the reasons so many people fail long term in their financial plan) I'm going to take

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Looking for some Good Ideas for your Emergency Fund? Part 1: Cash Value Life Insurance?

In the spirit of the Holiday Season, which just wound down for the most part (hurray I can drive by major commercial locations again!), I figured I'd make today's piece a sort of “holiday gift ideas

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