Basics of Life Insurance: Understanding Term and Permanent Policies

Basics of Life Insurance: Understanding Term and Permanent Policies

Transitioning from our previous discussion on estate planning, we will be looking at various types of insurance over the next few months. Overall, insurance is a risk management process. Risk is managed by buying the insurance policy to protect against a financial...
Buying a Home During a Recession: Is it Worth it?

Buying a Home During a Recession: Is it Worth it?

The real estate market has been extremely strong for the past few years, but things have started to change. The beginning of the COVID-19 pandemic created a large amount of built-up demand for homes as no one could move during the lockdown. The vast number of buyers...
Annuities vs. Life Insurance: How To Choose What’s Right for You

Annuities vs. Life Insurance: How To Choose What’s Right for You

Life Insurance is a product solution used to provide a death benefit to heirs after the death of the insured. There are a variety of reasons to purchase life insurance, but two of the most frequent reasons are to replace the loss of income or to pay off debt.   This...
How Do Bull Markets and Bear Markets Differ?

How Do Bull Markets and Bear Markets Differ?

If you have ever been to New York City, specifically the financial district, you probably saw the iconic Bull vs. Bear statue. This Wall Street symbol categorizes the two extremes of market trends known as Bull Markets vs. Bear Markets.     Bull vs. Bear...
Do Charitable Gifts Have Tax Benefits?

Do Charitable Gifts Have Tax Benefits?

Many people decide to donate to charities out of the kindness of their heart, while some decide to donate in order to receive certain financial benefits. The most common benefit is the income tax deduction associated with charitable donations. However, there may be...