by pwsbuilder | Jun 13, 2017 | Knowledge is Power
“I would blow up the system and restart with something totally different.” – Ted Benna, “father” of the 401k, quoted in MarketWatch.com As investors educate themselves about the financial advice that is accepted as “common wisdom,” many begin to realize that 401ks...
by pwsbuilder | Apr 20, 2017 | Knowledge is Power
Is the US economy headed for a boom or bust under the Trump administration? Now almost 90 days into his presidency, Donald Trump promised healthcare reform, big tax cuts, immigration restrictions, and a protectionist approach to creating new domestic jobs. The Fed...
by pwsbuilder | Mar 7, 2017 | Building Wealth, Knowledge is Power, Lifelong Financial Learning
In my last blog post, I went over the worth of a guarantee. This is a continuation of that post, which you can read here. Why can cash value be guaranteed using whole life insurance? Because of the following guarantees: A guaranteed mortality rate. This means that...
by pwsbuilder | Feb 21, 2017 | Building Wealth, Knowledge is Power, Lifelong Financial Learning
Not many things are truly “guaranteed” in life. We can’t guarantee the weather, what other people will or won’t do, the direction of the markets, or even if we’ll be around to see tomorrow. And even most “guarantees” have...
by pwsbuilder | Jan 17, 2017 | Knowledge is Power, What's Happening?!
A few months ago, the U.S. government assumed control of Puerto Rico. As the AP story by Danica Coto reported: “A federal control board on Friday took over Puerto Rico’s finances and several government agencies for the first time in the U.S. territory’s history...
by pwsbuilder | Jan 3, 2017 | Knowledge is Power, Lifelong Financial Learning
“You’re not getting old; you’re getting ready.” – Ernestine Shepherd, the world’s oldest female competitive body builder. The numbers are in, and people are living longer! The CDC calculates that overall life expectancy in the U.S. is presently 78.7 years, with...
