How to Get Off the Sidelines and Start Investing Again – It’s Not Too Late

How To Get Off The Sidelines And Start Investing Again

The stock market has had an amazing run lately, but too much money is still on the sidelines waiting. According to a recent survey conducted by Kiplinger’s magazine, almost half of all Americans do not even know that we have had a fantastic run in the Dow Jones Industrial Average and the S&P 500 index for the past 15 months. People need to get off the sidelines and start investing again. They thought that the stock market had been down in 2012 instead of realizing it was up 13%. And, still, others know about the stock market’s great and are still sitting on the sidelines waiting to get in the market or think that they have missed the boat. Many … Read more

Is Life Insurance An Asset Like Your House, Cash, Or Gold?

Is Life Insurance An Asset?

There are many types of life insurance policiesIs life insurance an asset? Do you consider your life insurance policy to be an asset like your house, cash in your bank account, or the gold bullion bars under your bed? Is life insurance the new asset class?

Are our net worth’s about to skyrocket? It is an interesting idea that has been gaining in popularity in the personal finance circles.

There are several reasons that you may want to consider your life insurance policy to be an asset. But, there are also plenty of reasons not to think of it in that way.

Is Life Insurance An Asset? Maybe!

I will start by saying that I am not a fan of this new philosophy. I personally do feel that life insurance policies are an asset. They are simply a tool. They aren’t a tangible asset that you can touch.

With that being said, there are a few circumstances where I can see that people would include their life insurance policies as an asset. Most of them revolve around whole life insurance policies which are very expensive for people to own. There are much better uses of your principle payments than whole life insurance which is also known as cash value insurance policies.

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Rigged Money by Lee Munson – Book Review

Rigged Money by Lee Munson

I was recently given the opportunity to review the book “Rigged Money: Beating Wall Street At Its Own Game” by Lee Munson. As you can probably tell by the book’s title, Lee Munson makes his case that the stock market is a rigged game set up for institutional investors and the fat cats on Wall Street. Lee Munson asserts that Wall Street is rigged to ensure that individual investors on Main Street are kept in the dark to continue to feed the system. Rigged Money includes a great combination of anecdotes and raw financial data to back up Lee Munson’s claims. Rigged Money by Lee Munson Rigged Money is a book that tries to convince you that almost everything that … Read more