You may be surprised to learn that the commissions on life insurance policies can easily be more than the first year's total premiums. For example, 20 year term life insurance for …
Financial Musings About My Trip To The Formula One Race In Montreal
Last weekend I made my annual pilgrimage to Montreal to pay homage to the gods of motor racing. Formula 1 is considered by many to be the pinnacle of motorsports, although I …
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Is This Current Market Turmoil Really Different?
There is a broker in my office who has been in the business for almost 30 years and he told me that the market action since August of last year has been more frustrating than some …
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May Day: May 1st, 1975 – The End of Fixed Stock Commissions
May 1st, 1975 is a very important date in the history of the investing. Up until then, stock brokers charged a fixed commission on all transactions. For example, a 100 share lot …
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