Investment is risky. No one makes an investment with the intention of losing money but the potential is always there. Many of the potential investment risks are avoidable if you are aware of them and take the proper precautions. You need to familiarize yourself with the investments that you are making and how much risk they involve. In most..Read More
The real estate business is a risky one, and not just because of turbulent market forces. If you want to rent out your home or start investing in real estate homes, it's important to pick the safest properties you can. Getting each building inspected for common safety violations and local regulation compliance is only the beginning. It's also..Read More
Any person or company that is providing a service needs to have E&O coverage, which is the insurance that protects against errors and omissions. If a business owner is providing a service as a part of his or her job description than E&O coverage should be in place for protection against a liability accident, employee mistake, or unnoticed..Read More
There are always risks involved with being in business; how owners manage these risks often determines their long-term sustainability and profitability. There are many factors to consider when assessing and guarding against these risks, thus, being proactive in managing them is wise. In an effort to help, let's discuss 3 areas where risk..Read More
How do you know when it’s the right time to open a life insurance policy?
Seems like a difficult question to answer, but in reality it’s pretty simple. If you are an adult with an income, property, or debt, it's a really good idea for you to open a life insurance policy.Read More
Disability insurance can be a powerful asset, as it can help provide you with a continued cash-flow should you become sick or injured and are unable to work for a period of time. However, many people either do not know about disability insurance, or they do not think that they need it. No one wants to think that the worst can happen to them,..Read More
We live in a country in which the largest generation of Baby Boomers has begun to retire in droves, and its members will continue to do so. Many of our readers are in this generation. When we worked in our twenties, thirties, and forties, retirement was a fuzzy concept at the back of our minds. As we approach age 55 and beyond, we tend to..Read More
Risk management is the process of pinpointing possible risks, evaluating them, and highlighting them. It also involves laying down extenuation measures to minimize or even reduce the possibility of occurrence of such risks to zero. Such risks include potential financial crises, project investment failure, credit risks, natural disasters,..