Download the Prosperity App
Insurance Columns
Probabilities vs. consequences
“On many occasions I have had people say things to me that are based on probabilities, not on consequences. And when the stakes are high, that might be the wrong way to look at things.” Smart Money_ Probabilities vs. consequences – Alaska Highway News
Also posted in All Columns
What are you going to do about these low interest rates?
“Are you an investor looking for something more from the safe part of your portfolio? Do you seem to perpetually roll over your Guaranteed Investment Certificates for another term because you don’t really need the money, but you don’t know what else to do?” Smart Money What are you going to do about these low…
Also posted in All Columns, Investment Management
Marketing slogans are catchy but…
“I am a big life insurance guy, but I am not a fan of the phrase “buy term and invest the difference.” Here’s why. Generally speaking, permanent life insurance is designed to last for your lifetime. Often your premiums do not increase. These policies can also have cash value. Term life insurance is designed to…
Also posted in All Columns
Disability insurance is the most important part of a complete financial plan
“Think about it. Virtually all the things you are working toward – retirement, a real estate purchase, paying off debt, a family vacation, a new vehicle, whatever – rely on your ability to earn income. Take away that ability to earn income and you will see how quickly your priorities change.” Smart Money_ Disability insurance…
Also posted in All Columns
Are you using your group benefits properly?
“Your group benefits booklet is your instruction manual for what your employer is offering to do for you. Now, I get it that some people don’t like reading instruction manuals, but the consequence of not reading this instruction manual is that you could be leaving free money on the table. And who doesn’t like free…
Also posted in All Columns
True life stories, lessons from a single momma
“She talks about the pain that accompanied the breakdown of her marriage. She talks about the challenges of “moving on.” She talks about re-entering the workforce with four kids (ages 4 to 11) when her previous life experience was focused on motherhood. She talks about how all this affected her relationship with her own parents,…
Also posted in All Columns
COVID-19 vaccine will not compromise your life insurance
“We live in an age of polarization, where people are quick to make up their minds and slow to change their opinion. Even when a point of view has absolutely no basis in reality, people can be reluctant to let go of an idea. There is a rumour going around that taking the COVID-19 vaccine…
Also posted in All Columns
How to live your best financial life
“The very first, most important thing: live within your means. As Charles Dickens wrote, “Annual income twenty pounds, annual expenditure nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.” Protect your finances from catastrophic health events. Buy term insurance when you are young and have mortgages…
Also posted in All Columns, Money Management
Your family deserves proper insurance protection
“Creditor insurance is better than no insurance at all, but that’s like saying flip flops in winter are better than no boots at all. It might be true, but just go get some proper winter boots. If you have insurance on your mortgage and you are in good health do yourself a big favour and…
Also posted in All Columns
The things we don’t get around to
Hey, I get it, when you are young there are things to do. I was once young myself. But compound interest doesn’t care about why, it only cares about when. Get started making smart decisions about money as soon as possible. Brad Brain_ The things we don’t get around to _ Alaska Highway News
Also posted in All Columns, Estate Planning
