You’ve often heard the refrain about money and death: “You can’t take it with you.”
This begs the question: “Do I really need life insurance.”
The answer is most assuredly: “Yes.”
And why not? Although you may not think about it, your ability to earn income is a significant asset and life insurance helps replace lost income in the event of your premature death.
Here are some reasons people buy life insurance:
The death benefit may be used to replace income the family would need to maintain their standard of living after the death of a wage earner;
The ship of state has gone off course. Local politicians over many decades have ventured into the sea of private commerce with disastrous results. Now with rising taxes and fees crushing our community we should give them no quarter.
History always repeats itself.
Citizens armed with knowledge are our best defense against cutthroat politicians repeatedly raiding our pocketbooks. City leaders in SUVs have a responsibility to be financially frugal.
U.S. stocks closed lower and bond prices fell after an economic report showed retail sales in July fell for the first time in five months. Crude oil prices rose, boosting energy shares, after the U.S. Energy Department reported a bigger-than-forecast decline in gasoline inventories, increasing supply concerns. A lower-than-expected earnings announcement from Deere & Co.
U.S. stocks closed lower and bond prices rose after as financial shares weighed on the market. JP Morgan Chase & Co. led declines after it stated it may post additional credit losses, as it expects the global economy "to continue to be weak, for capital markets to remain under stress and for a
U.S. stocks closed higher and bond prices fell. Retail shares rose on expectations lower crude oil prices may benefit demand. Offsetting gains in retail shares were shares of energy firms, after crude oil prices weakened
on concerns that a slowing economy may negatively affect demand domestically.
Credit card issuers rose as the fall in oil prices may increase the ability of consumers to make additional purchases.
The Dow Jones industrial average was up 48.03 .. at 11782.35.
– The Volusia County Department of Economic Development will conduct an economics briefing to business, banking, education and local government leaders beginning at 7:45 a.m. Friday, Aug. 8, at the Daytona Beach International Airport. The briefing will be in the Volusia Room which is on the second level in the main terminal. The briefing will highlight the area’s employment trends, commercial and residential building activities, and the latest residential foreclosure rates for the months of April, May and June. The seating for this event is limited to the first 120 registrants.