Archive for May, 2013

MEC – Modified Endowment Contract. What does that mean?

If your life insurance policy is in MEC status: * You may be subject to additional taxes and penalties on any distributions from your policy during the life of the insured. * Policy distributions, such as loans, withdrawals, surrenders, cash dividends, and dividends retained by the insurer as principal or interest on a loan under […]

May 28, 2013 · Jennifer · No Comments
Tags: ,  · Posted in: MEC

World Bank Insider Blows Whistle on Federal Reserve Corruption

  “The group that we’re talking about from the Zurich study — that’s the Federal Reserve; it has some other pieces to it, but that’s the Federal Reserve,” Hudes explained. “So the Federal Reserve secretly dominated the world economy using secret, interlocking corporate directorates, and terrorizing anybody who managed to figure out that they were […]

May 26, 2013 · Jennifer · No Comments
Tags: , , ,  · Posted in: WORLD BANK

The Retirement Gamble – FrontLine on PBS

FRONTLINE on PBS has aired a one hour program entitled The Retirement Gamble. . They also have featured R o b e r t H i l t o n s m i th who wrote the Retirement Savings Drain Click the link below to watch it   http://www.pbs.org/wgbh/pages/frontline/retirement-gamble/

May 24, 2013 · Jennifer · No Comments
Tags: , ,  · Posted in: RETIREMENT, Retirement Gamble

The Retirement Savings Drain

Click link below for full pdf article The Retirement Savings Drain   b y R o b e r t H i l t o n s m i th The brief simplifies the complex world of 401(k) fees by exposing four major fee categories: administrative, marketing, asset management, and trading. It details the costs […]

May 24, 2013 · Jennifer · No Comments
Tags: , , , , ,  · Posted in: FEES - 401k

Facebook’s first funder just backed TransferWise, a startup that’s like an ancient Islamic money transfer system

Here’s how TransferWise works: Nikos, a Greek migrant in London, pays £100 pounds to the web-based service via his British bank or debit card and asks for it to be sent to Athens, where his brother lives. TransferWise’s algorithm finds someone in Greece, let’s call her Alexa, who wants to send money over to London. She’s put […]

May 16, 2013 · Jennifer · No Comments
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What does “Participating Policyholder” and “Divisible Surplus” mean for a Life Insurance Owner?

As a participating policyholder, you are eligible to receive an equitable portion of a Company’s earnings, known as “divisible surplus”, in the form of policy dividends. The surplus from which dividends are paid comes primarily from three sources: 1. Mortality Savings – The favorable margin between actual death claim experience and the amount expected based […]

May 14, 2013 · Jennifer · No Comments
Posted in: Uncategorized

EVA: The Real Key to Creating Wealth – Book Recommendation

Book Description of book recommended in Becoming Your Own Banker by Nelson Nash on page 21. Publication Date: October 21, 1998 Called “today’s hottest financial idea and getting hotter” by fortune magazine, Economic Value Added (EVA) is the topic of conversation in financial circles around the world, from Germany and Japan to Singapore and South […]

May 6, 2013 · Jennifer · No Comments
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L33) Buy Term and Save the Difference, Buy Term and Invest the Difference or Buy Whole Life Instead?

  View the 38 minute video of, Scott Christensen, proving why we believe buying whole life insurance, designed for privatized banking, is a better choice than “Buying Term and Investing the Difference”

May 6, 2013 · Jennifer · No Comments
Tags: , , , , ,  · Posted in: CLIENT LESSONS, Debunk Buy Term Invest Difference, L33) Buy Term or WL

When Buffett worries about the Fed, you know there is a MAJOR problem!

Says he admires Ben Bernanke, but thinks the Fed chief may have overplayed his hand. FORTUNE — Warren Buffett has a piece of advice for Ben Bernanke: It’s easier to buy than it is to sell. Buffett, speaking on Saturday at Berkshire Hathaway’s (BRKA) annual meeting in Omaha, said he is worried about what will […]

May 5, 2013 · Jennifer · One Comment
Tags:  · Posted in: Buffett worries