In this episode of the Financial Procast we're discussing the tendency that some people have to obsess over details of a financial product purchase that don't really matter. At the end of the day, the only thing that matters is how much benefit you derive from the product that you purchase. All the stuff that […]

The post 119 Fees, Fees, Fees Everywhere appeared first on The Insurance Pro Blog.

We bet you didn’t know that June is annuity awareness month.  In fact, we didn’t realize it until yesterday. And since we did an episode in May to honor Disability Awareness month, we figured we should give equal time to Annuity Awareness month. Of course we assume that you are all aware that annuities exist […]

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Diversification is everyone's favorite topic in the world of personal finance. Too bad it's so often misunderstood and watered down. Today's episode is all about why you, as an individual, cannot replicate what an institutional money manager does. And this discussion goes far beyond just selecting investments. Why not just go out on your own? […]

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Today we are here to cast a few stones at the so-called financial experts and financial bloggers that spring up all over ye olde interwebs. if you're wondering we do have a hate mail folder. What stones are we casting? Well, we're going to talk about the dispensing of advice and information as it relates to […]

The post I’m Not a Financial Expert: But I Play One on the Internet appeared first on The Insurance Pro Blog.

Today we've come to talk about two things as it relates to the housing market: 1.  The Burgeoning and exciting growth of the housing market after the precipitous fall in 2007-2009 and 2.  The envious Americans that can't afford to buy the house they want and feel the need to complain about it. In fact, […]

The post 115 But I Deserve My McMansion appeared first on The Insurance Pro Blog.

Unfortunately this week we don't have a Tommy Boy clip to weave in to the Financial Procast, so you'll have to be entertained or at least mildly amuse by our “normal” sense of humor. Today instead we figured we talk about pensions. Less so pensions in particular and more so that the AARP recently published […]

The post 114 Your Pension Just Got Better appeared first on The Insurance Pro Blog.

I'm sure there are some of you who will pick up our little easter egg in the title of today's financial procast. For those who remember that great scene from the movie, Tommy Boy, I give you permission to skip down to the bottom of this page to watch a little clip. And for those who […]

The post 113 Life Insurance Guarantees: But It’s Not on the Box! appeared first on The Insurance Pro Blog.

For a number of years Dave Ramsey's 12 percent assumed rate of return has been a mainstay of the radio hosts's case for the average American to invest in the stock market.  He believe that this strategy yields the best path to prosperity. Many have taken Dave's suggestion at face value while others–like us–raise an […]

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In our practice, there's often a discussion that develops around the idea of universal versus whole life insurance and we know this sacred battleground for many of our colleagues. Indeed people do have choices which as we all know can be a good thing and a bad thing all at the same time. Something that happens […]

The post 111 Universal Versus Whole Life Insurance: Why Not Both? appeared first on The Insurance Pro Blog.

Getting the right financial advice is important and the truth is that average financial advice is really for average people.are so many financial media outlets present and they are more than willing to throwout generic financial advice. Additionally, there are countless bloggers that offer up what we might refer to as “boiler plate” financial advice. You […]

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