Posts by Ed Rempel
Universal Life Insurance – or “Term & Invest the Difference”?
There is a saying in the insurance industry – “If the only tool you have is a hammer, then every problem looks like a nail.” There should be a comedy show about many insurance seminars. Insurance advisors are trained to: – “Create a need (for insurance) and then fill it.” – “What we do is…
Read MoreStock Market Beliefs – Part 2
In part 1, I listed 20 commonly believed myths that Ken Fisher disproves, and 3 commonly held beliefs where he proves the opposite is true. Here are a couple of examples of his stats and a review of the rest of this extremely insightful book. The stats show that in the 9 years with the…
Read MoreStock Market Beliefs – Part 1
Every once in a while, I come across a truly fascinating book. I love reading financial and investment books. I’ve read most of the major books in the stores and try to read at least one on each theme. But it is rare to come across such an insightful book. Read more…
Read MoreMyths about Leveraging into Equities – Part 2
What are the risks of borrowing to invest? Let’s assume the total risk is a combination of the 3 main financial risks – the risk of losing money, the risk of emotional stress, and the shortfall risk of not having enough money to meet your long term goals (e.g. retirement). The first 2 are generally…
Read MoreMyths about Leveraging into Equities – Part 1
For this post, I am borrowing heavily from Talbot Stevens, whose writing about leverage was inspirational to me since the early 1990s. I’ve always been fascinated by commonly held beliefs that just aren’t true. When you talk about leveraging into equities, there are many. Here are the most common myths:
Read MoreShould I Incorporate my Small Business?
This topic was requested by a reader and is a question I am often asked. The issues are all tax and legal, and can be intimidating. However, they can be summed up with a few questions. Read more…
Read MoreLeveraging into equities – The only source of wealth?
I was browsing through Forbes latest list of the 400 richest Americans and it occurred to me that they almost all made it there the same way. Basically, the ONLY way they made it super-rich is by leveraging into equities! Read more…
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