One key way to build serious wealth, whether in a business or your everyday life, is to effectively and consistently negotiate deals that are good for you and your bottom line. Ideally, everyone walks away from a negotiation feeling good about the outcome, a win-win scenario. But ultimately, to be successful you must achieve your minimum goals and preferably a whole lot more.
Most people are familiar with the basic concepts of life insurance and understand that some level of protection is a necessary part of modern financial life. The question of what life insurance can actually accomplish when considered as part of an overall financial plan; is more involved and worth a closer look.
It’s tax season again, and a question we get from a number of clients after receiving their yearend statements is, “Are my investment advisory fees tax deductible?” And the answer is an equivocal, “It depends.”