Financial Power

Important Keys To Personal Financial Success. Good Quality information About debt consolidation, insurance, saving money, practical investing and financial planning.

Is Life Insurance a Good Investment?

FP | May 25, 2009

Many financial advisors cast serious doubts on the investment potential of a cash value life insurance policy. It’s easy to see why. According to Moshe Milevsky, professor of Finance at Toronto’s York University, “policies that combine insurance with an element of investing- such as whole life and universal life-earn a lousy pre-tax return.”
Rather then trying [...]

Tips for Making a Wise Insurance Purchase

FP | May 22, 2009

1. Buy adequate coverage.
Strive for enough to really protect your family. It’s tempting to procrastinate or squuze by with less protection. No one ever thinks tragedy will strike. But the point of insurance is to protect your family in the event of a tragedy! Thousands of families are now truggling because they didn’t take protection [...]