Category Archives: Risk Management

8% isn’t always 8%…in fact, rarely! Arithmetic Averages are Deceiving

“Arithmetic Average” and “Straight-Line Projections” — frequently applied to investment gains, losses and marketing by Investment Advisors or financial sales people.  These “results” are not indicative of “actual” returns. Perhaps you’ve wondered why the returns on your investments don’t seem … Continue reading

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The Core of Personal Finance

The magic word?  Collateral. Everything we do in finance is based on…collateral.  When we buy a car with a loan, the car itself is collateral for the lender. When we buy a house with a mortgage, the house is collateral. … Continue reading

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Here’s that question again: do you have a will?

Here’s that question again: do you have a Will? In financial planning, the question of the Will is standard. Why? Well, do you have assets? Do you have under-age children? Do you have a spouse? These are just a few … Continue reading

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Beneficiaries: Should you check yours?

BENEFICIARIES:  Have you checked yours lately? Beneficiaries are typically assigned to any instrument or account that has current or future cash value.  These assets may be bank accounts, investment accounts, insurance policies, etc. When a policy or account is opened … Continue reading

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Should you be looking for Unclaimed Property?

We’ve all heard of Unclaimed Property, but did you know that there is $12 billion in New York alone?  Of course, there is much more nationwide.  (I am in New York).   Here’s what happened to me: My aunt died … Continue reading

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Busy, Not Now

Is it odd that people seem to be busy when the opportunity to discuss and deal with their finances or insurance arises? Who wouldn’t try to be too busy to attend to what is difficult, rarely explained well, and forgotten … Continue reading

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