Prosperity Thinkers BLOG
At Prosperity Thinkers™, we have a wealth of information for you. Please take a moment to look through everything and if you have questions, please email Support@Prosperitythinkers.com.
Financial Documents: Make Your List and Check it Twice
Sometime in late December, a flurry of financial documents will begin arriving via the U.S. Postal Service – or, in some cases, appear in your e-mail in-box. This small blizzard of annual statements, required notifications and transaction reports may continue through early February. Many
Paying it Forward: A Thanksgiving Story
This week, Kate Phillips of Total Wealth Coaching contributed a guest post about her most memorable Thanksgiving – one that didn’t go as planned! “You can’t pay anyone back for what has happened to you, so you try to find someone you can pay
Leaving a Legacy of More than Money
“A very rich person should leave his kids enough to do anything, but not enough to do nothing.” -Warren Buffet, as quoted in a September 29, 1986 interview with Fortune. An inheritance can be an enormous blessing, and yet, for some, it has been
The Truth about Stock Market Rates of Return
“There are three types of lies — lies, damn lies, and statistics.” ― Benjamin Disraeli A little while ago, we looked at the absurdity of Risk Assessment profiles. We examined how they can be used to create a false sense of security, suggesting to
The Problem with Investor Risk Assessment Profiles
“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.” – Warren Buffett It happens thousands of times a day across America: An investor walks in a brokerage house or financial planner’s office and is handed a brochure that explains their “Risk Assessment
Rating Agencies: Can You Trust Your Financial Institutions and the Companies that Rate Them?
“The truly scary thing about undiscovered lies is that they have a greater capacity to diminish us than exposed ones. ” -Cheryl Hughes, professor of philosophy and ethics Financial institutions love to boast their AAA, AA, A2 and A+ ratings. But just like the
Keeping Permanent Life Insurance PERMANENT
“Adopt the pace of nature: her secret is patience.” – Ralph Waldo Emerson Permanent life insurance is a descriptive term for policies designed to remain in force for the entire life of the insured. Most permanent life insurance policies (such as whole life, variable
The New American Dream: Not Owning Your Home
“The House may change, but the Home does not.” -Todd Strobel, Guide to Financial Peace Radio The Own vs. Rent Debate: Shifting Assumptions Should you own or rent your home? The debate is a long-standing one, and for many years, it has been assumed
Retirement Income Distribution Methods
RETIREMENT INCOME DISTRIBUTION METHODS:When it absolutely, positively has to last your entire lifetime “Will your retirement income last as long as you do?” – 2011 TIAA-CREF bulletin “Retirement: Make your savings last as long as you do” – USA Today, December 12, 2011 “Make