I previously argued that insurance is useful for risk transfer, but less attractive as an investment. I also think that under certain conditions – such
Please see my previous post, on Insurance as Risk Transfer Only Good uses of insurance Car insurance – mandatory and necessary, appropriately transfers risk of
Insurance has one purpose, and one purpose only. Remembering that purpose will keep you from expensive insurance ‘solutions.’ The purpose of insurance is risk transfer.
On asking for money, in a simple three step process. Warning: Metaphor in use. Step 1. Find a donor. Step 2. “Oh, hi, it’s you.
Another key to wealth I’ve written before that the key to being wealthy involves work, and in particular, work doing something you would do regardless
With the announcement that MF Global Trustee (and former FBI chief) Louis J. Freeh will charge Jon Corzine for failing in his duty to oversee
The Financial Rules for New College Graduates: Invest Before Paying Off Debt--And Other Tips Your Professors Didn't Teach You
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