By Kerry Pechter
In a recent article, Morningstar's Canadian research director shows, mathematically, how one might use term life insurance and income annuities (in sequence) to cope with one of life's known unknowns: the date of our own death.
By Editorial Staff
At purchase, Security Benefit assigns an interest rate to the contract and guarantees that rate for five years. The contract owner receives that rate plus a floating rate, the 3-month ICE LIBOR USD Rate, which has historically closely tracked the Federal Funds Rate.
By Editorial Staff
'Anything can make or break a market,' Tighe explained in his delicate brogue, 'from the failure of a bank to the rumor that your second cousin's grandmother has a cold. It's a most unusual world, Cowperwood. No man can explain it. I've seen breaks in stocks that you could never explain at all--no one could... My God, the rumors of the stock exchange! They beat the devil.' -- from The Financier, by Theodore Dreiser.
