“Long-term investment success is ultimately determined by the ability to ignore external ‘noises’ and concentrate on the issue of buying good businesses.”
~ Michael Lee-Chin
Insurance Columns
Probabilities vs. consequences
July 22, 2022 | All Columns, Insurance Columns
“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
What are you going to do about these low interest rates?
March 16, 2022 | All Columns, Insurance Columns, Investment Management
“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…
Marketing slogans are catchy but…
February 28, 2022 | All Columns, Insurance Columns
“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…
Disability insurance is the most important part of a complete financial plan
September 8, 2021 | All Columns, Insurance Columns
“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…
Are you using your group benefits properly?
September 8, 2021 | All Columns, Insurance Columns
“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…
How to live your best financial life
April 15, 2021 | All Columns, Insurance Columns, Money Management
The things we don’t get around to
August 31, 2020 | All Columns, Estate Planning, Insurance Columns