Yearly Archives: 2007


Considering Adoption? Would-be Parents Need a Sound Financial Plan

Image by © Royalty-Free/Corbis

Nearly 40 percent of Americans have considered adopting a child, according to a national survey commissioned in 2002 by the Dave Thomas Foundation for Adoption. If just one in 500 of these adults adopt, all of the 134,000 children in foster care waiting for adoption would have permanent, loving families.

November is National Adoption Awareness Month. To help create happy endings for thousands of would-be parents and children in need, it is important to raise awareness not only about the adoption process but also about the many financial considerations associated with it.

Mike McCann writes about what people considering adoption should address in their financial planning in an article for Round-up, the official magazine for the Maricopa County Medical Society. Read More

By |November 19th, 2007|Financial Planning|

Foreign Investments Can Boost Diversification Benefits in a Well-Balanced Portfolio

If you haven’t added foreign stock investments to your portfolio, you’re not alone.  A recent USA Today/Gallup poll found that most American stockowners have not spent a lot of time considering foreign investments.  When asked how much thought they’ve given to investing in foreign stocks, 69 percent of those surveyed said either “not much” or “none at all.” Only 31 percent said they have given it “a great deal” or even a “moderate amount” of thought.

A sound investment strategy includes a well-diversified portfolio of stocks and other securities. Including foreign investments can maximize the benefits of diversification.

The challenge is creating the right mix of international investments within various asset classes, values and sizes to best balance risk and reward. To do so requires an understanding of how globalization has impacted U.S. and foreign markets.

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By |July 19th, 2007|Investing|

Teen Car Insurance

At a minimum, your car insurance rates jump 50 percent the minute you put your kid on your policy. In some families, it’s as much as 200 or 300 percent. Why? Because car crashes are the leading killer of people between the ages of 15 and 20. So as the prime teen driving months of summer approach, it’s worth discussing whether you’ve done everything possible to save money while making sure your kids stay safe on the road. Learn about teen car insurance in this article by Mike McCann, published in Round-up, the official magazine of the Maricopa County Medical Society. Read More

By |January 19th, 2007|Insurance|

Life Settlements

Historically, if a life insurance policy was no longer wanted or needed, the owner could either surrender the policy for its cash value or simply allow it to lapse by discontinuing premium payments. A relatively new alternative – called life settlements – offer a potentially more equitable option for individuals, although the pros and cons of such settlements can be complicated.

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By |January 19th, 2007|Insurance|