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In: Austrian Economics, debt, Finance, Infinite Banking, Taxes

Socialism vs Capitalism Socialism vs Capitalism. These are opposing schools of thought in economics. Essentially socialists believe in big government and capitalists believe in free enterprise. The remainder of this blog was written by Austrian Economists, Carlos Lara and Bob Murphy. Excerpted from the Lara-Murphy Report 5 LMR NOVEMBER 2015 by Carlos Lara and Bob Murphy If there was one thing we could say with regards to socialism that would cause people to rethink socialism’s entire ideology and reject it, we would point to its inability to calculate or appraise anything. It has no means for testing. Without this one ingredient in the fabric of society howRead More →

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In: debt, Finance, Financial Planning, Retirement

Myra Roth Wants Your Money Myra Roth, the government’s new retirement account, has launched nationwide. myRA is her given name and she wants you to invest your hard earned money with her. She is of no kin to Ira or Betsy, and I do have my suspicions about her. Disclaimer: This blog was written with satire and is not intended as investment or tax advice. Myra Promises Tax Benefits and Safety Our country is rebounding, but in a nutshell, we are broke. A great number of the population are retired and/or unemployed. So, I find it ironic that our government suddenly finds itself in a positionRead More →

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In: Finance, Inflation, leverage, Life Insurance, Money Solutions, Permanent Life Insurance, Retirement, Retirement Income, Taxes, Uncategorized, Whole Life Insurance

Truths About Whole Life Insurance Truth is In. Myths are Out. These truths about whole life insurance may seem to be obvious, but it is human nature to have conflicted feelings about those things we would prefer not to face or act upon. No one likes to consider the possibility of their dying — and of course, there’s no requirement that people own life insurance. Most buy it because they “love someone” or “owe someone.” Understanding the truths we’ve explored here can help you assess your needs and make more objective and informed decisions about the life insurance you purchase — for the long-term protection ofRead More →

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In: Finance, Long Term Care Insurance, Retirement

What You Need to Know About Long Term Care Understanding LTCI and Why It’s Important Long term care refers to medical services and personal care needed to assist individuals who have lost their ability to function independently. Long-term care insurance can help cover costs associated with providing care that is not covered by health insurance, Medicare or Medicaid. Owning long term care insurance can protect you from depleting your assets during retirement and unnecessary wealth transfers. A recent survey found that Americans continue to misperceive the cost and risk of needing long-term care, said the SCAN Foundation. The SCAN Foundation promotes aging with dignity and independence. And,Read More →

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In: Finance, Financial Planning, Life Insurance, Money Solutions, Permanent Life Insurance, Retirement, Retirement Income, Taxes

7 Benefits of Owning Life InsuranceHow To Enjoy the Benefits of Life Insurance While You’re Alive While there are many benefits to owning life insurance, I’m going to focus on 7 that you can enjoy while you’re alive. These benefits can be utilized by anyone owning permanent life insurance. Owning life insurance provides benefits not found in other financial products, and is often the key component in a financial plan. Life Insurance is a very unique and flexible financial planning tool that can help you and your family achieve real financial independence. Life insurance is not about death, but about living and adding value toRead More →

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In: Finance, Financial Planning, Inflation, leverage, Money Solutions, Permanent Life Insurance, Taxes, Whole Life Insurance

Money Solutions – Taxes, Inflation and Opportunities Money solutions to help you eliminate wealth transfers and increase your wealth. How to combat taxes and inflation and take advantage of opportunities. Time flies… and Time is Money! The time is now and it provides a great opportunity to set aside some time, and review your financial priorities and goals. You can use this time to reflect back on the first 9 months of the year, and make adjustments or set new goals for the remainder of the year. You likely recently paid your income taxes, or maybe you got a refund of what you overpaid? Regardless, doRead More →