The Insurance Doctor

Month: June 2017

  • What is the Value of a Yankees Number?

    I was one of the privileged Yankee fans to be at the game last month where Derek Jeter’s #2 jersey was retired meaning no other Yankee will ever wear that number.

    insurance, New York, Queens, Forest Hills, financial planning, insurance doctor, YankeesJeter is the 19th Yankee to have a retired number and it’s the Yankees’ 18th different number retired (both Yogi Berra and Bill Dickey wore #8), the most in   Major League Baseball.  There are no more Yankee numbers available from 1-10.

    Jackie Robinson’s #42 is now retired from all MLB teams and there is lobbying to retire Roberto Clemente’s #21 from all teams as well.

    When Ricky Henderson joined the Toronto Blue Jays in 1993 he gave $25,000 to Turner Ward for his beloved #24.  In fact, I met Ricky in 2004 when he was playing at age 45 for the Newark Bears of the independent league.  His response to a 10 year old boy was “Ricky Henderson don’t sign no autographs”.

    When Brian Jordan joined the Atlanta Braves in 1999 he gave a $40,000 motorcycle to then 3rd base coach Fredi Gonzalez for #33.

    What happens when there’s no numbers left?

    Supply and demand dictate that jersey collectibles will become more rare hence driving prices up for retired jersey collectibles.

    It’s only a matter of time before they become a part of a well-diversified portfolio.

    It’s only a matter of time before they become a part of a well-diversified portfolio. Contact Rob today for your free consultation.

  • 8 Summer Travel Tips

    8 Summer Travel Tips

    Having touched foot on 5 of the 7 continents, I have learned a lot.  With solid planning, I was able to do 3 weeks in Thailand, Myanmar, and Cambodia with 1 carry-on bag and 1 computer bag.  My top travel tips are:insurance, New York, travel

    1. Call your credit card companies in advance: and tell them where you are going and what dates. I have had cards frozen because companies see a string of out of town charges and they think your cards were stolen.
    2. Think in body sections when packing: I do this in the morning while getting work ready and start from feet to head.  It can be stressful the last days before a trip so you don’t want to forget anything so do the same with the kids.
    3. Pack a change of clothes in your carry-on bag: 29 million bags are lost/delayed each year. Be ready when it happens to you!
    4. Buy a guide book if going overseas: Can’t stress this enough. Advanced research prevents issues which can ruin a trip.  For example, my research told me that in Myanmar and Cambodia they accept US dollars however not with folds or wrinkles.  I went to the bank in advance and withdrew $500 of new bills in 1’s, 5’s, 10’s and 20’s. I like “lonely planet” and “rough guides” the best.  Look for the most recent edition.
    1. Read negative reviews on hotels: I prefer trip advisor and Agoda for international travel.
    2. If touring by car get a tune-up and GPS: Nothing worse than getting lost or having your car break down.  GPS your destinations in advance for proper time planning.
    3. Buy an off color suitcase: This way you can spot in from a long distance away.
    4. Sign up for the TSA: The TSA pre-check can make the difference between missing and making a flight and decrease travel stress considerably.