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Doug Peacock’s BLOG
Michigan, Jim Harbaugh agree to increased compensation in form of life insurance loan
Did you know that Division-1 Football Coach Jim Harbaugh agreed to take his bonuses from the University of Michigan in the form of premium payments into an overfunded life insurance policy? Jim is so happy because the University of Michigan agreed to pump in...
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Your Wealth Must Reside Somewhere!
Your wealth must reside somewhere! It must have a permanent place of residence. You must own, control, and have use your money, or you haven’t built any wealth, you just stashed some money away. About 90 % of Americans keep their wealth in either taxable, unavailable, and/or volatile residences that limit what you can do with their money. If what you thought was true about your money, wasn’t true about your money, when would you want to know? I first heard this question from Don Blanton, a fine southern gentleman with a distinct southern Georgia drawl, and I’ve been unable to “unhear” it, since.