Month: October 2018

  • 6 Tips for Winning the $1.6 Billion Lottery

    6 Tips for Winning the $1.6 Billion Lottery

    Right now the Mega Millions lottery is up to $1.6 Billion!  Take a look at these tips to not let winning the lottery ruin your life.

    1. Take the annual installments: Why pay Uncle Sam up front?
    2. Hire a good estate lawyer: Wills and trusts will need to be drafted immediately.
    3. Stay anonymous as long as possible: There will be lines of people looking for handouts including family and friends.
    4. Take an immediate long vacation: Hope that interest dies down by the time you return.
    5. Hire a financial planner: You would be surprised how many lottery winners are broke inside of 5 years.
    6. Give to charity: It’s the right thing to do and can help with badly needed write-offs.
  • 10 Tailgating Tips

    10 Tailgating Tips

    One of the best things about the fall aside from the foliage is football season which means tailgating.  Over the years I’ve seen some crazy things at tailgates such as 6 cars going on fire at the Jet’s opening day game in 2016.  Follow these tips to ensure a safe and fun tailgate.

    1. Time it right: Try to arrive about 3 hours before kickoff to get the perfect spot.  If you are not tailgating postgame, pack up 30 minutes before kickoff.tg-jets

    2. Invest in real estate: Seek out spaces (or send somebody else to go early) by the grass, edge of the parking lot and close to the bathroom.  Fewer neighbors mean fewer issues.

    3. Be a tool: Fill a toolbox with your favorite grilling essentials (utensils, zip lock bags, napkins, bottle opener etc).

    4. Rethink your drink: We suggest multi-colored cups to identify which is yours as drinks can get nasty.  Also use cups with straws to protect from insects.

    5. Reduce, reuse, recycle:  Cardboard drink carriers make good snack holders.  Less is more and makes cleanups easier.

    6. Koozie up:  Always keep between 5-10 koozies in your car for guests.

    7. Freeze it: Putting your water in the freezer the night before equals a giant ice cube which comes in very handy on game day .

    8. Dress in layers:  There can be huge temperature swings this time of year especially 4p games when the sun goes down in the middle of the game.

    9. Keep a duffle bag in your trunk:  keep extra clothes, hats, flashlights, batteries, bungee cords and a fire extinguisher can etc.

    10. Dump coals in specified bins:  Almost all stadiums have specified bins for dumping hot coals.  Leaving smoldering coals is hazardous to you and everybody else!

  • 5 Tips How to Find a Good Insurance Broker

    5 Tips How to Find a Good Insurance Broker

    Insurance brokers and agents are trusted with fitting their clients into suitable life, health, homeowners & business policies to name a few.

    There are numerous insurance providers and they are not all the same.  It’s important that the broker you choose is well-versed in policy differences from company to company and informed of the latest news, trends, and products. He/she also needs to be concerned with your personal planning needs and capable of explaining your options in a way you can understand.

    Follow these tips on what to look for in finding a right insurance broker or agent:

    TIP 1: Knowledge and experience:  There is no substitute for experience! Look for brokers that have been in their field for a minimum of 5 years.  Proficient brokers will usually also have advanced planning designations (insurance degrees) next to their names.  Look for at least one of the following 3 designations: CLU (chartered life underwriter) CFP (certified financial planner) or CSA (certified senior advisor).

    TIP 2: Independent brokers, not agents:  This may be counter-intuitive.  In reality, independent brokers are in a better position to help you than “captive agents”.  The independent broker represents numerous insurance companies and must be well-versed on all their policies in order to find the best one for you.  The captive agent (i.e. Allstate or New York Life) often promote their own company products first in order to qualify for their company-sponsored trips and subsidized health insurance.  Make sure your broker places your needs before their own!

    TIP 3: Fee structure:  Most of the established independent brokers don’t charge a fee for time and/or services.  They receive compensation from whichever insurance company you decide to do business with.  Beware of agents/planners and advisors that charge steep upfront consultation fees.

    TIP 4: Get a second opinion:  Most people are already working with an agent/broker.  Do yourself a favor and get a second opinion using the tips given in this article.  You will be surprised at what you can learn from a free consultation with an independent broker.

    TIP 5:  Due diligence:  Invest the time to call 2 or 3 brokers.  Start a small list and ask around.  Friends, family or colleagues that are satisfied with their broker are a good place to start.  Check for their presence and reviews on the internet and gather as much information as possible.