Monthly Archives: May 2012

Trying to Understand Long Term Care Insurance

At the heart of every insurance contract is a shifting of risk to someone more likely to handle it better in exchange for a set of premiums which the insurer hopes it can invest way better than you or I for various reasons.  While I am entirely too young to consider Long Term Care Insurance considering I don’t think many carriers sell individual policies for people under the age of 40,I have been giving it a lot of thought recently.  If I can’t buy it, while have I been giving it a lot of thought recently? Because I don’t completely understand how [...]

By |2016-03-07T22:17:50-04:00May 29th, 2012|Insurance|2 Comments

Dealing with Debt: Which Solution is Best for You?

If you are one of the many people who are currently struggling with debt, you are probably on the lookout for some sound advice. The fact is, there exists four main options for dealing with debt. These are debt consolidation, a debt management plan, individual voluntary arrangement and bankruptcy. Here we take a look at the pros and cons of each. Ways to Deal with Debt Debt Consolidation This option involves taking out a single large loan that can be used to settle the balance of other loans. The advantage of this is that the single loan can be obtained at a [...]

By |2014-07-15T14:33:10-04:00May 24th, 2012|Debt|10 Comments

Updating my Covered Call Traditional IRA

It has been almost two months since I have provided an update to my Traditional IRA which is used to primarily purchase Covered Calls.   I am not sure if I should be quoting myself but as a brief reminder about the account: My goal is to find companies with a market cap of at least $200 Million, a positive P/E, a stock price of below $5.00 per share and are traded on the options exchange.  From the remaining companies I will research them one by one to determine whether to move on any of the options available.  The covered calls will be [...]

By |2013-09-26T14:55:52-04:00May 23rd, 2012|Qualified/Retirement|5 Comments

Do People Consider The Economy When Choosing a Major? A No Statistic Discussion of the Topic

Considering I graduated from college in 2003 and law school in 2006 I feel like I am pretty far removed from academia.  That became even more evident when I went to my younger brother’s MBA Graduation Ceremony.  He received his MBA from where I received my undergraduate degree and if you think I enjoy life now then back then can only be described as crazy, but I digress.  At this particular ceremony was not only those graduating with their MBA, but also those graduating with their Masters in Education and Masters in Human & Health Services.  I am not exactly sure what [...]

By |2013-09-26T14:55:54-04:00May 21st, 2012|Random|20 Comments

I Love Eduardo Saverin’s Move to Become an Ex-Pat

I write this post on the eve of facebook going public tomorrow (actually today since I am writing this after 12am), and while I don’t get the hype about the facebook IPO this is a buzz that is unavoidable.  Part of that buzz is the news story that one of the co-founders of facebook, Eduardo Saverin, is renouncing his American citizenship, and of course people’s minds go straight to the fact that he stands to save hundreds of millions of dollars by doing so.  He is denying that is the reason, but I say so what!? Actually, my heart says “Good for [...]

By |2016-11-08T08:49:25-04:00May 18th, 2012|Random|53 Comments