Posts Tagged ‘Look’

It Might Be Time to Take a Second Look at Permanent Insurance

Thursday, August 5th, 2010

Look at these statistics and tell me you dont need financial advice. The U.S. government reported a $68 billion deficit for June 2010, the second consecutive year that there has been a deficit in June (i.e., June 2009 and June 2010). Before 2009, there had not been a deficit in June since 1991. In fact, over those 17 years, from 1992 to 2008, there was an average surplus of $30 billion in the month of June. What this means is that the government has spent more than it has received in tax receipts for 21 consecutive months. Do you think this may affect you future tax rate?

The S&P 500 lost 9.1% (total return) in calendar year 2000.

Read more…