“Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.”
If you buried your cash in your back yard and dug it up 10 years later, inflation would have caused it to be worth less. It’s like a loss on your money, even though the actual dollar amount stayed the same.… Continue Reading
I have 2 unhealthy food favorites: fried chicken and donuts. I try to limit my exposure to these. That means rarely having donuts in the house.
As for fried chicken, I generally only eat it once a month. This is usually the 3rd Sunday of the month, also known as “fried chicken” day at church. We bring in a big platter of it for lunch after worship service.
If you’ve never played it before the simplified explanation would be you are trying to get all your “pegs” around the board before your opponents do. And the “Joker” card is a really good card to have.
It’s a game of chance of course. If you get a bad hand it can be hard to win the game.
But it’s also a game of skill. You have to play your hand wisely. And save up different good cards for just the right time.… Continue Reading
Today’s question comes from Russ. He has some questions about the type of annuity he is looking for. He writes:
“I am looking at fixed index annuities. I am looking for a fixed index annuity that offers no cap, has a rider for fix income for life and an inflation guard. I would like one if possible that would have a 5 year surrender period… if that is possible… I would be taking income in about 5-6 years.”
What’s great about this email is that Russ has a clear idea of his different needs and what he’s looking to accomplish with an annuity.
Specifically, there are a couple of important issues Russ is looking for:… Continue Reading
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