In this issue of Creative Wealth:
“Either-Or” Fixations In Life Insurance: Are You Missing the “C” Option?
Why do some people insist on turning every issue into a black-or-white, either-or discussion? When it comes to financial decisions, most of the time an either-or approach is neither necessary nor desirable. In fact, finding a “C” option is often much better than choosing Option “A” and rejecting Option “B” (or vice versa). This is true even when the issue is life insurance.
The Confounding Tax Consequences of Complex Financial Instruments
There’s a long-standing guideline for individual investors that says you should never buy a particular financial instrument purely for its tax-favored status – the underlying investment opportunity needs to make sense apart from its tax treatment. However, this does not mean you can ignore the tax consequences when you evaluate a potential investment, because taxes can significantly impact overall returns. As more sophisticated investment vehicles have become available to a larger segment of individual investors, this issue has grown in importance.
The Economic Cost of Caring for Elderly Parents
In developed countries, a predominant demographic trend is the combination of falling birthrates and aging populations. These two trends are already in place, and the impact of these factors is inexorably working change on social and financial paradigms.
One of these areas of predictable change is the increasing number of children caring for elderly parents. As the combination of longer life expectancies and declining populations puts a greater strain on government-sponsored social safety-net programs, the default response will be placing a greater burden on children to care for their parents.
Getting Organized: Essential Documents to store in one file cabinet
From 107 to 1,124 IN 32 Years: Should you be impressed?
When someone provides “just the facts,” it is up to you to interpret them. A short discussion about how different formats of interpretation can suggest different conclusions – from the same information.
To read this month’s full edition click here, Creative Wealth September Edition
