Jeffrey Reeves is a licensed life insurance agent. He formerly was a registered securities rep but gained wisdom with age. Jeff has been guiding clients for almost 40 years as they chart their paths to financial security. During this time clients, insurance professionals, and financial advisors have all contributed ideas, strategies and tactics to the arsenal of tools that emerge throughout Jeff's practice - Money for Life…in good times and bad - also the title of h
What I'm Reading
Blogs, newsletters, internet articles and any thing else that deals with what is being said - true and not so true - about how Americans should run their personal economies. I continue to read religious and spiritual books, magazines and anything else related.
Subjects I'd Like to Learn More About
Archaeology, science, history, the future, myself, my family and friends
An Interesting Fact
I have made more mistakes and experienced more mistakes by others than a hundred typical Americans and have learned from every one of them
During the last half of the 20th century and the first decade of the new century there have been hundreds - perhaps thousands - of the latest and greatest diet books, diet infomercials, diet clubs, diets that are delivered to your door, diets you can pick up at the store, even urban legends about cabbage [...] Read Full Story
Preamble…
There are hundreds - perhaps thousands - of legitimate uses for participating (par) whole life insurance.
Thoughtful and creative insurance and financial guides recognize par whole life as the most powerful, flexible, and versatile financial tool in the US economy. These enlightened guides use par whole life for applications as simple as fulfilling basic family needs, [...] Read Full Story
Mystery…No. 5 Volume Is More Important Than Rate
Every major product in the financial services business - every type of mutual fund, annuity, variable insurance product, bank CD, treasury bill, note and bond - proudly trumpets its rates. If 2% is good then 5% is better. If 6% compounded is wonderful then 8% compounded is marvelous.
The [...] Read Full Story
Mystery…No. 2 You Know Best What’s Right for You
The Debt Paradigm preaches that you cannot fully comprehend your own personal economy. It implies that the professionals who subscribe to the Debt Paradigm are in some way wiser, more knowledgeable about your situation, better informed about your needs, and perhaps even cuter than you.
BUNK!
You do not [...] Read Full Story
Mystery…No. 2 You Know Best What’s Right for You
The Debt Paradigm preaches that you cannot fully comprehend your own personal economy. It implies that the professionals who subscribe to the Debt Paradigm are in some way wiser, more knowledgeable about your situation, better informed about your needs, and perhaps even cuter than you.
BUNK!
You do not [...] Read Full Story
The Seven Mysteries - aka Wealth Builders
Moving from Bad Habits to Good Practices
Prologue
The difference between a habit and a practice is awareness.
If a habit relies on thoughtless performance, a practice relies on thoughtful performance. The behavior can be the same, e.g., locking the doors at night. Awareness makes the difference.
Conventional wisdom means that [...] Read Full Story
The Seven Mysteries - aka Wealth Builders
Moving from Bad Habits to Good Practices
Prologue
The difference between a habit and a practice is awareness.
If a habit relies on thoughtless performance, a practice relies on thoughtful performance. The behavior can be the same, e.g., locking the doors at night. Awareness makes the difference.
Conventional wisdom means that [...] Read Full Story
Myth…No. 6 - My Financial Advisor Knows
This may be the biggest myth of all. Some of my best friends and clients are financial planners and advisors. They perform a valuable service, especially those who are specialized and focused on one particular aspect of the market and have an open mind toward the processes that [...] Read Full Story
Myth…No. 6 - My Financial Advisor Knows
This may be the biggest myth of all. Some of my best friends and clients are financial planners and advisors. They perform a valuable service, especially those who are specialized and focused on one particular aspect of the market and have an open mind toward the processes that [...] Read Full Story
Myth No. 4 - I Have A Retirement Plan From Work
Myth: my company has a pension/profit sharing/401k/other plan that promises me a secure future income.
Reality: Enron, MCI, US West/Qwest, Mutual Benefit Life, United Airlines, and many other well known and superficially reputable and stable companies have defaulted on retirement plans in the past and many [...] Read Full Story
