We are constantly coming up with new stuff...
This blog is the best way to keep up to date with our latest developments and ideas. Feel free to join any of our discussions by leaving a comment at the bottom of the post.
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Honey, How Do I Look?
Posted on November 18th, 2009 No commentsHoney, How Do I Look?
It’s Saturday evening and I’ve got a date with my wife. It’s time to get ready and what happens next remains a mystery to most men. The artful expression of a female brush painting her face is only exceeded by the millions of color and stylish variations she orchestrates with her clothing.
Not to belittle the importance of accessorizing, but when she completes the process of adorning her mortal temple, the inevitable and greatly feared question flows from her lips like silk from a spindle: “How do I look?”
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20/20 Vision
Posted on November 11th, 2009 2 comments20/20 Vision
Fixed Indexed Annuity
What does it mean to index?
- When your money is indexed in an annuity with a life insurance company, the insurance company guarantees your balance will never go down.
- It means your money is not in the stock market so if you get a return on your money it’s because an index like the S&P moved upwards.
- Both the upward and downward movement is capped. On the down side the lowest it can go is zero and on the upside each contract is different, but caps typically range in high single digits.
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Invest Less, Make More
Posted on November 8th, 2009 No commentsInvest Less, Make More
There are only three things you can do with money
- Spend it (a cash flow system)
- Save it (protected money)
- Invest it (potential money)
The majority of effort in our society is placed on investing. But is this the best strategy? Let’s look at how the financial planning industry represents their returns.
The common mantra is to put your money into the stock market and leave it there. Why? Because it always comes back and the average for one hundred years is over seven percent, or so the saying goes.
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Financial Coaching vs. Financial Planning
Posted on November 2nd, 2009 No commentsFinancial Coaching vs. Financial Planning
What is Family and Financial Coaching? Here is a short list of what we do in contrast to a Financial Planner:
Financial Coach
Teach you how money works
Teach you how to master savings
Teach you how to master spending
Teach you how to effectively communicate about finances
Financial Planner/Advisor
Tell you where to invest your money
Not interested in your savings
Not interested in your spending
Not interested in discussing how you communicate
The financial planning community has one focus and that is to invest your money.