Keeping it in the Family

In today's low interest rate environment we have found that doing intra-family loans can make more sense than ever IF done properly.
Savers (meaning parents and grandparents) are being punished by low interest rates on CD's and bonds while borrowers (meaning children, grandchildren, nieces, nephews...) are having more trouble than ever getting approved for loans.  We have 3 rules we apply when considering a private loan:

PRICELESS

Last Friday the day after INDEPENDENCE DAY--our newest employee was working with me to improve one of our compliance processes when she made a comment I thought worthy of posting:-)  She said--" You guys have figured out how to walk that fine line between the head and the heart. When I am home I am able to BE HOME and not worry about the office.  I am also

INDEPENDENCE DAY

It was suggested by someone the other day to read the DECLARATION OF INDEPENDENCE on the 4th of July.  After breakfast this morning, where at least 3 different businesses referred to difficulties with government programs one of which was the Affordable Care Act postponement of certain rules, I came back to the office and found a copy of the Declaration along with a little commentary to help understand it better.  Below is a copy for your reading pleasure and inspiration on this OUR Independence Day!!! Enjoy...

Advisors?

The magazine in this picture came today and prompted me to read the cover article.  One advantage we "advisors" have is that we get to see what is behind the so called advice being given.  In this particular case we have a publication called--"Advisor Today", published by the National Association of Insurance and Financial Advisors, with a cover article referring to "producers" and what they "sell".